Rep. Jim Jordan, R-Ohio, reacts to the most recent assaults on Tesla house owners within the wake of Elon Musk’s management within the Division of Authorities Effectivity.
Tesla CEO and Division of Authorities Effectivity (DOGE) head Elon Musk on Sunday voiced his assist for organising a livestream of Fort Knox and its gold reserves.
In response to a query about Musk checking on the gold at Fort Knox, the billionaire stated he thought it “would be awesome to livestream Fort Knox.”
Fort Knox’s U.S. Bullion Depository is certainly one of a number of locations throughout the nation the place the U.S. authorities retains its gold reserves. It’s situated in Kentucky.
Elon Musk speaks throughout a city corridor in Inexperienced Bay, Wis., on March 30, 2025. (ROBIN LEGRAND/AFP through Getty Photos)
“I mean, that would be really fun. And after all, it is actually the gold of the American people, so the American people, it seems to me, have a right to see their gold,” he stated.
ELON MUSK’S DOGE PREPARES TO AUDIT US GOLD RESERVES AT FORT KNOX AFTER URGING BY SEN RAND PAUL
“Hopefully, it looks really cool. You know, open the doors like, ‘Is it there? Is that really gold? Let’s check.’ Maybe it’ll be really interesting,” he continued.
The doorway to Fort Knox is seen on Could 31, 2021. (Jon Cherry/Getty Photos)
Musk stated he was “all for it” and that President Donald Trump “says he’s interested in doing it, so hopefully it happens.”
Conspiracy theories in regards to the standing of Fort Knox’s gold have been rampant on social media, and Musk and Trump have additionally speculated about whether or not the bullion stays current on the extremely safe depository, saying it must be confirmed.
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“Who is confirming that gold wasn’t stolen from Fort Knox?” the DOGE head wrote on social media in mid-February, speculating that “maybe it’s there, maybe it’s not.”
Musk has weighed in on a Fort Knox livestream a number of occasions in latest weeks.
In mid-February, as an illustration, he stated on X that it “would be so cool to do a live video walkthrough of Fort Knox.” He has additionally stated the “ratings on a live broadcast of Fort Knox would be” two hearth emojis.
Each present and former Treasury secretaries have stated the gold was current at Fort Knox.
Treasury Secretary Scott Bessent stated in a February interview with journalist Dan O’Donnell that “we do an audit every year, so the audit that ended the year Sept. 30, 2024, all the gold is present and accounted for.”
Treasury Secretary Scott Bessent speaks to reporters exterior the White Home on March 13, 2025. (Andrew Harnik/Getty Photos)
In August 2017, Steven Mnuchin, who served as Treasury secretary in Trump’s first administration, took a visit to Fort Knox, in line with the U.S. Mint’s web site. Then-Kentucky Gov. Matt Bevin and members of Congress accompanied him.
“The gold was there when I visited it. I hope nobody’s moved it. I’m sure they haven’t,” Mnuchin informed CNBC final month. “I was the first Treasury secretary to go there in, I think, over 50 years. There’s very serious security protocols in place, obviously, to protect the gold that I can’t talk about. But we went, we saw it, and if President Trump wants it to be audited, that’s obviously something that can be easily done.”
America Bullion Depository is proven at Fort Knox. (Luke Sharrett/Getty Photos/File)
Fort Knox is house to 147.3 million nice troy ounces of gold bullion in deep storage, in line with knowledge revealed by the Treasury Division in late February.
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That represented a “book value” of $6.2 billion. Nonetheless, based mostly on the worth of the valuable steel as of Tuesday, Fort Knox’s gold is value greater than $459.2 billion.
The U.S. Mint stated on a webpage devoted to the U.S. Bullion Depository at Fort Knox that the “only gold removed has been very small quantities used to test the purity of gold during regularly scheduled audits,” and apart from that, no gold “has been transferred to or from the Depository for many years.”
Total, the U.S. Treasury has almost 261.5 million troy ounces of gold bullion and gold cash “across various U.S. Treasury-maintained locations” in late February, the division reported.
Michael Dorgan, Bailee Hill and Eric Revell contributed to this report.
