Elon Musk Sparks Debate Over U.S. Gold Reserves – Is Fort Knox Still Full?

A new controversy has begun over the U.S.’s biggest gold reserves, and it all started with Elon Musk Elon Musk   Elon Musk is a well-known entrepreneur and inventor, widely recognized for his role in founding or leading several major companies, including Tesla, SpaceX, Neuralink, and The Boring Company. He’s also known for his ambitious goals around space exploration, electric vehicles, and the future of humanity.   Musk is often a polarizing figure, admired for his innovation and vision, while also drawing criticism for his management style and controversial statements. The U.S. became the primary base for Musk’s career, and the tech scene in California played a significant role in shaping his professional trajectory.     Personal Info:Organization: Ledger.Location: United States.Graduation: Musk earned two bachelor’s degrees, one from the College of Arts and Sciences in Physics and another from the Wharton School of Business. In Economics    Experience: Zip2 Corporation, Co-founder X.com and PayPal Co-Founder & CEO SpaceX CDEO & Chief Engineer Tesla. Inc. CEO, Product Architect Neuralink co-founder, CEO The Boring Company Founder, CEO   NAsales@teslamotors.com EntrepreneurInvestorChief Executive Officer . The billionaire’s curiosity about the legendary Fort Knox vault has brought back old questions: Is all the U.S. gold really there? Now, politicians are joining the debate, and many are demanding a closer look.

Musk Questions Fort Knox Gold

The conversation started when Zerohedge tagged Musk on X, suggesting he should verify the Fort Knox gold reserves, as no one has properly checked them since 1974. 

Musk, surprised by the claim, responded:

“Surely it’s reviewed at least every year?”

Zerohedge quickly replied:

“It should be. It isn’t.”

This short exchange sparked widespread speculation. Many questioned why the reserves haven’t been fully audited in decades, leading to theories that some of the gold might have been sold or is no longer there.

No independent audit of Fort Knox has been recorded in recent memory. If the vault still holds the reported 4,580 tons of gold, it would be worth about $425 billion at today’s prices.

Senator Rand Paul Calls for an Audit

Musk’s discussion caught the attention of U.S. Senator Rand Paul, who wasted no time in supporting a formal review. “Nope. Let’s do it,” Paul commented, referring to the lack of inspections. 

This stance is not new for the Paul family—his father, former Congressman Ron Paul, has long demanded more transparency regarding the U.S. gold reserves, questioning whether the vault is truly as full as claimed.

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The Bitcoin Alternative?

As the debate over gold reserves continues, U.S. Senator Cynthia Lummis has proposed a radical alternative, Bitcoin. A known Bitcoin advocate, Lummis argues that a Bitcoin reserve would provide full transparency, as blockchain technology allows anyone to verify holdings at any time.

Lummis has already introduced the BITCOIN Act, which outlines a plan for the U.S. to acquire 1 million BTC, making up 5% of Bitcoin’s total supply. The proposal includes secure Bitcoin vaults under the U.S. Treasury, with funding drawn from existing resources to avoid taxpayer expenses.

With growing calls for an audit, pressure is mounting on officials to confirm whether Fort Knox still holds its gold.