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Mr. Sparkle

(3,403 posts)
Tue Feb 18, 2025, 11:06 AM Feb 18

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 entities—but 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 senator—whose father, congressman Ron Paul, also amplified this issue—reiterated 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

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cstanleytech

(27,515 posts)
10. Or take up a hobby like being an oarsman on a rowing team and learning to stroke, stroke, stroke.
Tue Feb 18, 2025, 12:18 PM
Feb 18

delisen

(6,908 posts)
18. Sequel to Conman Geraldo opening Al Capone's Vault
Tue Feb 18, 2025, 05:50 PM
Feb 18

New generation of suckers waiting to be milked

C_U_L8R

(47,021 posts)
4. Of course he is.
Tue Feb 18, 2025, 11:16 AM
Feb 18

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

(13,559 posts)
5. Auric Musk: "This is gold. All my life I've been in love with its color... its brilliance, its divine heaviness."
Tue Feb 18, 2025, 11:27 AM
Feb 18

IronLionZion

(48,407 posts)
7. Musk needs to be ordered to personally pay for the damage he causes to our country
Tue Feb 18, 2025, 11:33 AM
Feb 18

Courts need to get on it. Take away his fortune.

joanbarnes

(1,981 posts)
16. If a duly elected senator believes this is necessary......
Tue Feb 18, 2025, 03:02 PM
Feb 18

Why doesn't he float a bill and enroll an accredited auditor, instead of an un-elected, unvetted foreign national?

Deminpenn

(16,719 posts)
17. There was a Mission:Impossible episode
Tue Feb 18, 2025, 03:49 PM
Feb 18

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!

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