President Donald Trump and Elon Musk are calling for a new audit of Fort Knox's gold reserves, fueling long-standing conspiracy theories. The U.S. Bullion Depository holds over 140 million troy ounces of gold. It's valued above $42 per ounce on government books, though its market price is far higher. Treasury Secretary Scott Bessent reaffirmed that the gold is accounted for and audited yearly, but Musk has demanded a live video walkthrough.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02President Donald Trump and Elon Musk are calling for a new audit of Fort Knox's gold reserves,
00:06fueling long-standing conspiracy theories.
00:09The U.S. bullion depository holds over 140 million troy ounces of gold.
00:13It's valued at over $42 per ounce on government books,
00:16though its market price is far higher.
00:18Treasury Secretary Scott Besent reaffirmed that the gold is accounted for and audited yearly,
00:23but Musk has demanded a live video walkthrough.
00:25For all things money, visit Benzinga.com slash GSTV.
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