The Fort Knox Bullion Depository, established in the 1930s, holds significant gold reserves for the U.S. However, it has been a target of skepticism due to limited access and transparency regarding its contents. Treasury Secretary Scott Bessent insists all gold is accounted for, claiming annual audits, although full audits have not been conducted in decades. Recently, public figures like Trump and Elon Musk have echoed concerns about transparency, even advocating for a live audit to verify gold holdings, which continues to fuel conspiracy theories surrounding the vault's security and trustworthiness.
"All the gold is present and accounted for," Treasury Secretary Scott Bessent told talk show host Dan O'Donnell, emphasizing that an audit is conducted every year, despite claims of incomplete assessments.
The fortified vaults have been the subject of swirling skepticism and shrouded by secrecy for decades; no visitors are permitted, heightening speculation about the gold's presence.
Trump and Elon Musk have recently stirred the pot of skepticism, suggesting a live-streamed audit of Fort Knox to quell concerns regarding the amount of gold stored there.
Fort Knox's Bullion Depository was established in the 1930s to safeguard the growing reserve of gold and has historically housed important American documents.
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