Fort Knox, a place where lies the US Army installation in Kentucky and which is situated south of Louisville, has been in the news for the past many days. Fort Knox, known for large gold reserves for decades, has been a symbol of the world’s most powerful country’s financial security. Fort Knox’s heavily guarded vaults are believed to hold a vast reserve of gold.
Now, questions are being asked regarding the safety of the Fort Knox gold depository. US President Donald Trump is not sure if the repository is safe enough and if all the gold is there. The US president is planning to visit Fort Knox himself to check on the country’s gold reserves.
Amidst all this, Treasury Secretary Scott Bessent has said that audits have been done from time to time which confirm that the gold reserves are safe.
Fort Knox, where lies the US Bullion Depository, is known for its fortress-like security. Besides having a gold repository, the facility is being used as the US Army’s human resources command center. It also hosts the largest annual training exercise of the American Army.
Billionaire entrepreneur Musk too triggered speculation over the safety of gold reserves at the facility. The Tesla CEO took to his social media platform X to express his apprehension about the safety of the estimated $425 billion worth of gold repository.
“Who’s confirming that the gold hasn’t been stolen from Fort Knox?” Musk posted. “Maybe it’s there, maybe it’s not. That gold is owned by the American public! We want to know if it’s still there.”
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