In this video, join Patrick Bet-David for the latest on the DOGE investigation into the Fort Knox Mystery – is the gold still there? Watch to find out the truth behind this intriguing conspiracy theory!
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For decades, rumors and speculation have surrounded Fort Knox, the heavily guarded U.S. Treasury gold depository. Is the gold still there? That’s the question that has piqued the curiosity of many, including former President Donald Trump and billionaire Elon Musk. Now, they’re reportedly planning to visit the site, possibly even live-streaming the event. But why all the mystery? And what do we really know about the gold reserves at Fort Knox?
A History of Secrecy and Gold Confiscation
The Fort Knox gold depository was established in 1935, following President Franklin D. Roosevelt’s controversial gold confiscation order in 1933. Under Executive Order 6102, Americans were forced to turn in their gold to the government at a set price of $20.67 per ounce. However, just months later, the government revalued gold to $35 per ounce, effectively profiting off the confiscation and increasing the Treasury’s wealth by 75%. By 1937, the U.S. had collected approximately 200-250 million ounces of gold, much of which was melted into bars and stored at Fort Knox.
For over 40 years, it was illegal for private citizens to own gold, with the ban lasting from 1933 until 1974. This strict control further deepened the mystery surrounding the nation’s gold reserves.
How Many Times Has Fort Knox Been Inspected?
Despite being one of the most secure locations in the world, Fort Knox has undergone only three known inspections:
- 1943 – A wartime check ordered by President Roosevelt.
- 1974 – A partial audit involving members of Congress and the media.
- 2017 – Then-Treasury Secretary Steven Mnuchin briefly visited a section of the vault.
Even in these rare inspections, auditors were only given access to limited areas, leading many to question whether all the gold is actually there. The last full audit that involved physical verification of gold bars took place in 1953 under President Eisenhower, and only 5% of the gold was tested.
Since 1986, annual audits have focused on checking seals rather than physically verifying the gold itself, further fueling skepticism.
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Fort Knox: A Fortress Within a Fortress
Fort Knox is designed to be nearly impenetrable. The facility is surrounded by military personnel, 400 armed guards, and layers of security, including 21-inch-thick steel and concrete vault doors weighing 20 tons. The secrecy and heavy fortification have only added to speculation about what’s really inside.
The U.S. government claims that Fort Knox holds 147.3 million ounces of gold, valued at approximately $440 billion. This represents about 56% of the gold held by the U.S. and around 12.9% of the world’s total gold reserves. However, without a full public audit, doubts persist.
Theories and Allegations of Missing Gold
There have been several claims over the years that Fort Knox’s gold reserves may have been secretly depleted or even sold off. One such theory was put forward in 1974 by an attorney named Peter Beter, who alleged that the Rockefeller family had orchestrated the sale of Fort Knox gold to the Netherlands at $422 per ounce, only to later resell it to the U.S. at $2,000 per ounce. While unproven, these claims add to the controversy surrounding the lack of transparency at Fort Knox.
Trump and Musk: A Potential Live-Streamed Audit?
Now, with renewed interest in gold and rising concerns about inflation, Trump and Musk’s planned visit to Fort Knox is stirring excitement. If they follow through, it could mark only the fourth known inspection in history. However, skeptics argue that a true audit would require independent experts in the gold industry to verify and physically examine the bars, not just a quick visit by political figures.
Will We Ever Know the Truth?
The debate over Fort Knox’s gold reserves continues to spark curiosity and controversy. Many believe a live-streamed inspection with professional auditors is the only way to settle the matter once and for all. Until then, the question remains—is the gold still there?
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