President Trump said Thursday he intends to make a trip to Fort Knox in Kentucky to inspect the nation’s gold reserves amid a push from Elon Musk and some Republicans to conduct a review the facility.
“I’m actually going on this one. All my life I’ve heard about Fort Knox. That’s where the gold is kept,” Trump told Republican governors at a reception in Washington.
“We’re getting a little bit shaky. We’re getting the yips on this stuff. Like I want to find out,” Trump said. “We’re going to open up the doors. I’m going to see if we have gold there. Did anybody steal the gold in Fort Knox?”
Musk, with the encouragement of Republicans like Sen. Rand Paul (R-Ky.) and Sen. Mike Lee (R-Utah), has pushed for a review of Fort Knox and spread unfounded claims that gold reserves are missing from the facility.
Treasury Secretary Scott Bessent said in a recent interview that there is an annual audit of Fort Knox and that “all the gold is present and accounted for.”
Fort Knox has stored the country’s gold reserves for decades. It also hosts the Army’s largest yearly training event each summer, according to The Associated Press.
There is currently 147.3 million ounces of gold at Fort Knox, according to the U.S. Mint, which is roughly half of the Treasury Department’s gold.
