Trump Eyes Fort Knox Audit to Confirm America's $700B Gold Reserve

1 min read
Source: Yahoo News UK
Trump Eyes Fort Knox Audit to Confirm America's $700B Gold Reserve
Photo: Yahoo News UK
TL;DR

President Donald Trump said he wants to visit Fort Knox to confirm the U.S. gold reserve remains secure and has floated the idea of an audit; Elon Musk had previously suggested a live Fort Knox tour. The U.S. Mint says Fort Knox holds about 147.3 million troy ounces of gold with a book value around $42.22 per ounce, totaling roughly $700 billion, and that little gold has been transferred in decades.

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