It’s broadly accepted that america holds roughly 147.3 million ounces of gold at Fort Knox. Nonetheless, Elon Musk and others have determined to publicly query this truth.
Daniel Ivandjiiski, the blogger behind ZeroHedge, has taken to X to make the declare that the final time somebody noticed the gold was approach again in 1974.
Musk, who’s now a particular authorities worker, responded to this declare, demonstrating his shock that it’s not checked extra continuously. He then posted a meme that implied the gold at Fort Knox was gone.
Sadly for the credulous Musk, Ivandjiiski is mendacity.
Learn extra: Michael Saylor copies Grayscale, tells US to crash gold for BTC
Throughout Donald Trump’s first time period, his Treasury Secretary, Steve Mnuchin, in addition to members of Congress, together with Mitch McConnell, visited Fort Knox and have been allowed to view the bullion held there.
Moreover, the paperwork that have been launched that included the pictures of these politicians visiting Fort Knox additionally famous that the Treasury Workplace of Inspector Normal does conduct “audits of United States Mint Custodial Gold Schedules” on an annual foundation.
In addition they confirmed that these audits embody “an inspection of all gold compartments and joint seals to verify the compartments are locked, and the seals are intact and have not been tampered with.”
Nonetheless, regardless of these confirmations, some Bitcoiners have already hopped on Musk’s lies about Fort Knox and have determined to take a position in regards to the risk that the gold is certainly lacking and that its absence will convey in regards to the much-lusted-after Strategic Bitcoin Reserve.
Different Bitcoiners and politicians have their very own concepts in regards to the gold. For instance, Cynthia Lummis proposed that the Federal Reserve revalue its gold certificates and use the funds to buy billions of {dollars} price of bitcoin.
Obtained a tip? Ship us an e mail or ProtonMail. For extra knowledgeable information, observe us on X, Instagram, Bluesky, and Google Information, or subscribe to our YouTube channel.