Overview

• Elon Musk, head of the Department of Government Efficiency (DOGE), has questioned the lack of regular audits for the gold reserves at Fort Knox, sparking renewed interest in their status.
• Senators Rand Paul and Mike Lee have joined Musk in advocating for an inspection, pointing to the absence of comprehensive audits since 1974.
• Fort Knox, located in Kentucky, houses approximately 147.3 million troy ounces of gold, valued at around $425 billion based on current market prices.
• The U.S. Treasury asserts the gold is secure, but restricted access to the facility has fueled conspiracy theories about potential discrepancies or theft.
• The proposed audit could provide transparency and address public skepticism, though officials have yet to confirm whether such an inspection will take place.