NewsTrump taps Elon Musk for Fort Knox gold inspection

Trump taps Elon Musk for Fort Knox gold inspection

Donald Trump announced plans for an inspection at the Fort Knox treasury, stating that he hopes everything is in order. Speaking to journalists, he emphasized the importance of verifying the gold reserves, adding that if the gold is missing, it would be a serious concern.

Trump to check the US gold reserves. Inspection at the "legendary Fort Knox"
Trump to check the US gold reserves. Inspection at the "legendary Fort Knox"
Images source: © Getty Images | Joe Raedle
Sara Bounaoui

During the return flight to Washington aboard Air Force One on Wednesday evening, a reporter asked President Donald Trump if Elon Musk would seek budget cuts at the Pentagon.

Trump's response came as a surprise when he announced that Elon Musk would be responsible for inspecting the Fort Knox treasury. He reiterated the need to verify the gold reserves, stating that they would visit the legendary site to ensure everything was in order.

Journalists inquired where the gold from the treasury would be. "If the gold isn't there, we're going to be very upset," answered Trump.

It is worth noting that Elon Musk recently expressed interest in auditing Fort Knox's gold reserves. Senator Rand Paul, who advocates for greater transparency and regular inspections of these reserves, supported this proposal.

Fort Knox - the most famous gold storage site in the USA

Fort Knox is a US military base in Kentucky, about 35 miles (56 km) south of Louisville and north of Elizabethtown. It is mainly known for the adjoining United States Bullion Depository, where a significant portion of the country's gold reserves are stored. The depository, managed by the US Department of the Treasury, is one of the most secure places in the world and is not open to visitors.

According to data from December 2024, the United States gold reserves amount to 8,133.46 tonnes and have remained at this level since the second quarter of 2024. Although the USA maintains that the gold is safe and intact, theories suggesting the need for regular audits and inspections of the treasuries continue to emerge.

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