Fort Knox, long considered the most secure depository of physical assets in the United States, is set to undergo an official audit to confirm the presence of its 147 million ounces of gold, President Donald Trump announced Wednesday.
Speaking aboard Air Force One, Trump revealed that the Department of Government Efficiency (DOGE) will soon enter the United States Bullion Depository in Kentucky to inspect the gold reserves, which total over 9 million pounds according to official records.
Addressing reporters, Trump emphasized the importance of verifying the integrity of Fort Knox’s gold reserves, responding to growing speculation about whether the nation’s gold stockpile remains untouched.
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“We’re going to go into Fort Knox to make sure the gold is there,” Trump stated.
“We do wanna look. We hope everything’s fine with Fort Knox, but we’re gonna go to Fort Knox, the fabled Fort Knox, and we’re gonna make sure the gold is there.”
.@POTUS: “We’re going to go to Fort Knox — the fabled Fort Knox — to make sure the gold is there.” pic.twitter.com/nFKlTDGXaO
— Rapid Response 47 (@RapidResponse47) February 20, 2025
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When asked by a reporter where the gold would have gone if it was missing, Trump responded bluntly, “If the gold isn’t there, we’re going to be very upset.”
Trump’s remarks immediately ignited online discussions about the audit, with many questioning whether the administration already suspected irregularities within the vault.
“Trump and Elon would not be bringing this much attention to this situation unless they already knew something,” one user posted on social media.
Others criticized the United States’ departure from the gold standard in 1933, expressing concern over the lack of direct oversight on national reserves.
“Fort Knox must be audited – and tracked going forward (with tech like blockchain) so that we don’t ever fall for this again,” another user wrote.
The decision to audit Fort Knox comes amid growing calls for increased government transparency.
DOGE, led by Elon Musk, has already uncovered significant financial irregularities, and Trump’s administration has made a priority of exposing government inefficiencies.
Musk added fuel to the speculation by sharing a post from Sen. Mike Lee (R-UT), who claimed that he had previously been denied access to the facility.
“Who is confirming that gold wasn’t stolen from Fort Knox? Maybe it’s there, maybe it’s not. That gold is owned by the American public! We want to know if it’s still there,” Musk posted on X.
Who is confirming that gold wasn’t stolen from Fort Knox?
Maybe it’s there, maybe it’s not.
That gold is owned by the American public! We want to know if it’s still there. https://t.co/aEBXK1CfD6
— Elon Musk (@elonmusk) February 17, 2025
It would be cool to do a live video walkthrough of Fort Knox!
— Elon Musk (@elonmusk) February 17, 2025
The public fascination with Fort Knox has persisted for decades, with skeptics raising concerns over possible inside jobs involving government officials.
Former Sen. Bob Menendez (D-NJ), who was recently sentenced to prison for public corruption, was found hoarding gold bars in his home, fueling further suspicions over the possibility of government mismanagement of national gold reserves.
Fort Knox has been at the center of American financial security for generations and has frequently been depicted in Hollywood films.
The 1991 Oscar-winning movie Silence of the Lambs portrayed the FBI’s Behavioral Science Unit as being based in Fort Knox, while Sean Connery’s 1964 James Bond film Goldfinger featured a villain attempting to steal all of the gold from the vault.
The phrase “as safe as Fort Knox” has long been used to describe impenetrable security, but skeptics argue that without proper oversight, even the most secure vault can be compromised.
While DOGE has conducted most of its investigations behind the scenes, Trump and Musk occasionally reveal key findings, as they did last week when they exposed a Pennsylvania limestone mine storing physical retirement records of millions of government employees.
The Fort Knox audit will be closely watched as officials prepare to verify the full extent of the U.S. gold reserves.
The results of the inspection could have significant implications for financial policy, government oversight, and public trust in America’s economic foundation.
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