Elon Musk’s newly established Department of Government Efficiency (DOGE) has ignited fresh calls to verify the United States’ gold reserves, spotlighting a longstanding concern about government openness.
Official estimates place America’s bullion at roughly 147.3 million ounces—worth nearly $300 billion at current valuations—safely housed at Fort Knox. However, no outside audit of these reserves has been conducted since the 1950s. The most recent public peek was in 1974, when a handful of reporters and politicians were briefly allowed inside. Critics argue that decades of internal “checks” lack true independence, and Musk himself hinted at the uncertainty, quipping on X, “Maybe it’s there, maybe it’s not.”
Fueling the discussion further, the prediction platform Polymarket has opened two new betting markets dedicated to the prospect of a formal audit and potential discrepancies in the gold count. As of February 19th, users on Polymarket place the odds of an official inspection occurring by the end of April at about 54%, while the chance of discovering missing gold stands near 15%. These wagers highlight broader anxiety about whether the nation’s reported bullion truly exists in full, or if some portion has quietly been sold or loaned out, especially given apparent shortages in the gold market recently. The whole debate underscores how a lack of transparency can morph into rumors and distrust, prompting more Americans to question official statements on monetary policy.
Political voices are also intensifying the push for an audit. Senator Rand Paul of Kentucky recently joined the chorus, and conservative commentator Glenn Beck penned an open letter to former President Donald Trump, urging him to “restore full faith and credit” by verifying the gold in Fort Knox under the watchful eye of cameras. Beck argues that a public, verifiable confirmation would not only silence conspiracy theories but also reassure citizens who worry that crucial national assets might have been depleted without their knowledge. The proposal is reminiscent of a 2017 photo-op where then-Treasury Secretary Steven Mnuchin only offered a quick glimpse, leaving skeptics unconvinced.
For those wary of heavy-handed monetary policy and ever-expanding government influence, a transparent accounting of America’s bullion is viewed as a step toward greater fiscal integrity. Whether these efforts gain enough momentum to produce the first genuine external inspection since the mid-20th century remains to be seen. Yet, given the pervasive doubts swirling around fiat currency and rising prices, a confirmed audit might be the decisive move needed to strengthen faith in the nation’s economic foundation—and reaffirm that the public has a right to know exactly what lies behind the vault doors.
BREAKING VIDEO: Sen. Rand Paul Has Announced That Elon Musk’s DOGE Is Officially Investigating The Nation’s Gold Stockpile At Fort Knox & Other Facilities, Sending Shockwaves Through The Already Collapsing Deep State