Elon Musk targets Fort Knox where the US stores its gold reserves: What is it?
The US Bullion Depository at Fort Knox houses 147.3 million troy ounces of gold, representing 59 per cent of the US Treasury’s reserves. Valued at $435 billion at market rates but listed at $6 billion on government books, the gold has been audited but rarely seen by outsiders. The last official visit was reportedly in 2017, fuelling ongoing transparency talks. Now Elon Musk is questioning if the reserves are safe
The US Bullion Depository at Fort Knox houses 147.3 million troy ounces of gold, representing 59 per cent of the US Treasury’s reserves. Valued at $435 billion at market rates but listed at $6 billion on government books, the gold has been audited but rarely seen by outsiders. The last official visit was reportedly in 2017, fuelling ongoing transparency talks. Now Elon Musk is questioning if the reserves are safe
