I'm hearing some talk of "auditing" the gold in Fort Knox (and presumably the gold in the NY reserve vault). Even if what is thought to be there is all there, the total value is almost meaningless in comparison to the Federal budget, budget deficit, and especially the national debt. Here are the numbers as calculated by Grok: . . . . $287.24 billion (Fort Knox) + $396.83 billion (NY Fed) = approximately $684.07 billion.
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value to wake up the normies might be worth more than the daily releases from DOGE though.
They have an explanation for everything. This might be a little more difficult.
Is that valued at the face value of $50/oz or the current value of nearing $3K/oz? HUGE difference!
Grok used current value.
Who wants to bet that they have spent far more than the value of that gold in Fort Knox, just to protect it from thieves?
This is assuming the value of gold based on the dollar. Shouldn't it be the value of the dollar based on gold? Re-valuing the dollar would def cause hyperinflation and a rush to gold.
https://www.usdebtclock.org/gold-precious-metals.html
How many tons of gold is that??
We are supposed to have close to 6 trillion in gold reserves. No where near enough to take care of the nat debt, but still...