What happened to the audit of the Gold Reserve of Fort Knox? Remember when Elon Musk and Donald Trump were supposed to make a Kick Adin Ross type livestream showing us all gold? 99Bitcoins remembers.
Instead, we only have photos of golden bars and triumphant proclamation that gold is secure. You really think about it.
For decades, conspiracy theories revolved around the gold deposit; Here are the most plausible.
Where is gold? Is there gold in Fort Knox?
(source))
Recently, Germany plans to call its massive gold masses stationed in New York and Fort Knox, motivated by anxiety in the face of Trump strategies.
With 3,350 tonnes guaranteed worldwide, Germany is a heavyweight of gold, just behind the United States, which is at the top of an unrivaled 8,100 tonnes. If the increase in economic insecurity continues in the world, we will know if gold is really there or not.
Some Germans are worried about their gold, stored in the United States
– After the EU is legalized in theft of sovereign funds, he established a precedent dangerous for such confiscation pic.twitter.com/hsc3l9t7cf– Glenn Diesen (@glenn_diesen) April 5, 2025
The only gold bugs that it will burn are those who have accepted gold certificates on a real gold, even if it is a coherent model that certificate sellers become greedy and sell more promising tickets that they cannot honor.
Gold in general will pour out if this is true.
Then, the wheelbarrow for the physique will send the demand and the price through the roof.
Fort Knox Gold Reserve: Can we audit gold?
Fort Knox, built in the 1930s as a fortress for American gold, has 147.3 million ounces – 59% of the supply of the treasury. Response to caliber before the Second World War, it is a concrete and steel enigma. It opened its doors only three times – in Roosevelt in ’43, in the congress in ’74 and Steven Mnuchin and others in 2017.
The rest is shadows and speculation, reinforced by its closed doors.
(source))
The problem with the use of gold as a currency is that it is heavy, which complicates the logistics of moving money. Therefore, the silk route – not digital – had so many bandits. If we want to facilitate the transaction, we will create a type 2 currency or a linked currency. It is the Stallion.
However, the biggest problem is that the passage of paper money quickly creates more tickets in circulation than gold in the bank. If everyone was trying to buy at the same time, there would be many people who hold the bag, literally.
It was the state of the United States in the 1970s.
The Fed Better Hope Trump does not take Knox strongly for this specific reason.
If it never comes out that the entire gold market is smoke and mirrors, this opens the door to alternatives like bitcoin and other cryptocurrencies.
The case of transparency
Audits and insurance are thrown like confetti, but public confidence in Fort Knox remains thin.
The treasure swears that all gold is taken into account, but criticisms do not lower the problem. Officially, Knox’s gold cache amounts to $ 6 billion, thanks to an almost mythical evaluation of $ 42.22 per ounce. But factor in reality, and it should be closer to $ 436 billion. This chasm is the crack through which the rumors of conspiracy flow.
Discover: Best ICO ICO even to invest in April 2025
Join the 99Bitcoins News Discord here for the latest market updates
Main to remember
-
What happened to the audit of the Gold Reserve of Fort Knox? Remember when Elon Musk and Donald Trump said they would do it.
-
Instead, we only have photos of golden bars and triumphant proclamation that gold is secure. You really think about it.
The post, what happened to the gold reserve of Fort Knox? In the largest economic conspiracy ever appeared first on 99Bitcoins.
