Former President Trump demands an in-person audit of U.S. gold holdings at Fort Knox, citing concerns over transparency and a recent $40M gold seizure.
Former President Donald Trump has renewed calls for a physical audit of Fort Knox, the U.S. Bullion Depository, following a high-profile arrest involving $40 million in gold bars. Trump referenced a case involving a former CIA official allegedly caught with the gold, amplifying long-standing skepticism about the facility’s reserves.
Fort Knox reportedly holds 147.3 million troy ounces of gold, valued at approximately $600 billion, representing roughly half of the nation’s reserves. Trump has previously suggested visiting the site to verify the gold’s presence, stating in May that “they steal a lot.”
The demand for an audit reflects broader concerns about the transparency of U.S. gold reserves, though no evidence of missing gold has been publicly confirmed. The facility has not undergone a full physical audit in decades, despite periodic assurances from government officials.