Elon Musk: I'm 'Looking for the Gold at Fort Knox'
Source: Newser
DOGE is making inroads at the Treasury, the Social Security administration, the IRS, and a slew of other government entitiesbut can it get into Fort Knox? Elon Musk said Monday the famous gold repository is on his radar, reports the Hill. "Looking for the gold at Fort Knox," he tweeted, above a meme captioned, "annnnd it's gone." Musk also shared a post from GOP Sen. Mike Lee, who said he was refused permission to visit the military facility. Of the gold, maybe "it's there, maybe it's not," wrote Musk. "That gold is owned by the American public! We want to know if it's still there."
Another GOP senator, Rand Paul of the military base's home state of Kentucky, encouraged Musk over the weekend to audit the facility, reports Fox Business. "Surely it's reviewed every year," Musk had tweeted in response to a user's query on the subject on his X platform. Responded Paul: "nope. Let's do it." The senatorwhose father, congressman Ron Paul, also amplified this issuereiterated the point on Monday on Fox. "I think some of them may not think it needs to be audited all the time, but I think the more sunlight, the better, more transparency, the better," he said.
The US Mint says Fort Knox has more than 4,580 tons of gold, which would put its value at about $425 billion, per Newsweek. An audit of the facility, which does not allow visitors, could open a "can of worms" by revealing not only just how much gold is present but how much gets "leased," investment banker James Rickards tells the outlet. He described the arcane idea of leasing as "a way to inject more gold into the banking system than actually exists in physical form." Any discrepancies could roil gold markets.
Read more: https://www.newser.com/story/364448/elon-musks-next-target-may-be-fort-knox.html
Itchinjim
(3,182 posts)Putin style.
cstanleytech
(28,445 posts)Blues Heron
(8,758 posts)delisen
(7,345 posts)New generation of suckers waiting to be milked
GreenWave
(12,607 posts)C_U_L8R
(49,338 posts)Elmo fancies himself to be a Bond villain.
But he's just another magatty dogenozzle stuck in his own k-hole.
(maybe someone should tell him things don't turn out so well for the Bond villains)
sop
(18,476 posts)Justice matters.
(9,741 posts)he fell in love with it...
twodogsbarking
(18,605 posts)IronLionZion
(51,172 posts)Courts need to get on it. Take away his fortune.
2naSalit
(102,374 posts)___________________________ instead?
Bayard
(29,518 posts)Ft. Knox isn't that far from me. Hmmm.......
Boomerproud
(9,275 posts)I'm not making this up.
milestogo
(23,045 posts)Harker
(17,745 posts)Where's Dr. No, No, No?
joanbarnes
(2,117 posts)Why doesn't he float a bill and enroll an accredited auditor, instead of an un-elected, unvetted foreign national?
Deminpenn
(17,461 posts)where the IMF is tasked with deposing a South American dictator. They do this by stealing all the gold he has hidden away. They drill under the storage location, then up through the floor, insert a high intensity heater, melt the gold, drain it all out into molds and scurry away with the reconstituted gold bars!
Clouds Passing
(7,893 posts)City Lights
(25,773 posts)Someone needs to stop this punk.