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Fort Know Gold Reserves
Elon Musk has sparked renewed interest in America’s gold reserves with recent public comments.
He suggested the U.S should live stream Fort Knox, which holds the nation’s gold. His remarks brought back public doubt about how much gold is really there and whether a full audit is needed.
He suggested the U.S should live stream Fort Knox, which holds the nation’s gold. His remarks brought back public doubt about how much gold is really there and whether a full audit is needed.
Musk called the U.S economy “de facto bankrupt” - a comment that struck a chord with many worried about the country’s financial situation.
The Numbers Back Him Up
By April 2025 U.S national debt passed $36 trillion, and interest payments grew larger than the entire defence budget. Adding to the problem,alalystsexpect short term inflation to hit 3.6% partly due to trump era tariffs
Why Trust In Gold Surging
In tough times, both regular people and big investors turn to gold and silverto protect their savings. Gold cant be printed or faked and its never been worthless.
The last full Fort Knox audit was in 1953.A partial check happened in 1974,but nothing since. This lack of clear checks keeps people wondering if the gold is really there.
A Lesson In History
Gold’s history during past financial crises is well known. In the 1970s, gold went up over 2000% .From 2000 to 2011,it rose another 440% during market chaos
A Modern Gold Rush
Some experts think gold might rise again as people lose trust in central banks and worry about inflation and reserves like Fort Knox.
Now might be a smart time for Investors to learn more and prepare for big financial changes ahead.