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... remember all the buzz right after Trump returned to office last year, when DOGE was still big news, about how he and Elon Musk wanted to “audit” Fort Knox? ABC, March 5th, 2025:
Trump, Musk raise questions, without evidence, about whether nation's gold at Fort Knox has been stolen
Trump suggested he and Elon Musk would go there to check it out firsthand.
Congress even began rumbling about funding a gold audit. But shortly after that initial Fort Knox chatter, all discussion of auditing Fort Knox abruptly ended —poof! Headline from Tavex Bullion, summer 2025:
Why Did Trump and Musk Suddenly Go Silent on Fort Knox Gold?
— and then the prices of gold and silver launched like SpaceX rockets.
To be clear, there is no direct evidence that an actual DOGE‑run audit uncovered any missing gold stores. In public, Treasury and the Mint insist that “the gold is present and accounted for.” We’re just connecting dots from up in the cheap seats, but the simplest explanation is that Trump gained some leverage, and whatever covert government agency was suppressing prices on precious metals stopped doing it— allowing these commodities to finally seek their natural prices.
It’s not a chemtrail-level theory. We know they can do it. The government has admitted to manipulating gold and silver prices before. But why would Trump lift the price controls? The answer is obvious.
One huge problem when Trump arrived was that China and the BRICS were buying up and hoarding underpriced gold and silver faster than Tolkien’s greedy dwarves. That needed to stop. But even more importantly, Team Trump had plans for the gold. Treasury Secretary Scott Bessent publicly teased that he wanted to revalue and monetize our Fort Knox gold stockpile. Trump and Howard Lutnick suggested the extra money could seed a sovereign wealth fund.
In other words, gold has always been a core part of Trump’s economic plan. And if re-pricing gold is in the plan —which would be easy and logical— it also seems logical they would first want to allow the price of gold to float back to market before undertaking any revaluation, to get the best possible price. It’s the Art of the Deal. Buy low, sell high.
Believe it or not, gold is currently valued on the nation’s books at only $42.22 an ounce ($11 billion total). Marking our 262 million-ounce stockpile to market would instantly create around $1.3 trillion in value. It would also stymie the BRICS, give Trump a vast financial playground, and be more accurate and realistic. Shazam.
Still, in all its overheated gold reporting, useless corporate media never mentions any of this significant background. Instead, media prefers to vomit up wild fantasies about anxious investors fretting over Trump’s Greenland deal and buying up gold to prepare for some whimsical apocalypse.
But —before they caught on that it was helping Trump’s plan— they were able to speculate about my proposed scenario. The Economic Times, February 24, 2025— before the gold surge:
Could Fort Knox hold the key to the next gold price
explosion? Treasury dismisses revaluation of the
yellow metal, but markets smell opportunity
See? It’s right there in the headline. Fort Knox was the key to the next gold explosion. But now that Trump’s plan is unfolding, reporters, mimicking Mr. Magoo, can’t see it at all. Thanks, media.
The most likely scenario is that Trump is doing exactly what he said he would and putting America first. Every additional dollar in the price of gold (and trailing along with it, silver) makes America stronger, regardless of whether any of us have personally buried bullion in our backyards.
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And I watched a documentary on TV, "The Secret World of Gold".
It says Fort Knox has no gold in it.
http://www.cbc.ca/player/Shows/ID/2380466502/
When I crossed the border, the U.S. Custom pulled me aside to do a through search of my car. Look at the declaration form I filled out, they didnt ask how much money I carried. They asked, "you dont have gold bar hiding in the car?"