America's gold missing rumors..!? Call for Transparency..!?

There is currently a huge debate in the united states about the security and gold reserves of fort Knox, which contains a large part of the US gold reserves. It is expected to explode into a big explosion as important figures like Elon Musk and senator Rand Paul have joined the issue. The reason for all this is an X post. In a post made by a user named Zerohedge on the X social media site, Elon Musk suggested that fort Knox be inspected and the 4,580 tons of gold kept there by the US government should be confirmed. The post stated that the last time the US government officially audited the gold reserves was in 1974, that is, 50 years ago, and that no inspections or audits had been carried out since then. Elon Musk was also tagged in it.
In response, Elon Musk questioned whether such an important asset was not reviewed at least once a year. Zerohedge responded by saying that nothing like that had happened. Following this, senator Rand Paul of Kentucky, the state where fort Knox is located, also participated in this twitter conversation and said that no inspection had been done and that it could be inspected now. The value of the gold stored at fort Knox is huge. Based on the current market price, about $ 425 billion worth of gold is stored here. This place has the second largest amount of gold after the bank of england gold locker in London. The official book value of the US government is very low. For many years, the value of the gold stored at fort Knox has been calculated at $ 42.22 per ounce, the main reason for this is that it has not been inspected. Its true value is unknown because the weight and value of the gold reserves have not been updated for many years. fort Knox, built in the mid-1930s, is known for its unwavering security. Apart from gold, fort Knox also houses valuables belonging to many companies and organizations. The amount of gold stored at fort Knox currently stands at around 147.3 million ounces. The gold reserves at fort Knox peaked in 1941. At that time, 649.6 million ounces were stored.
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Sowmiya Sriram

18/02/2025 10:43 AM