It’s widely permitted that the US holds roughly 147.3 million oz. of gold at Citadel Knox. Then again, Elon Musk and others safe determined to publicly inquire of this truth.
Daniel Ivandjiiski, the blogger within the support of ZeroHedge, has taken to X to make the teach that the last time someone saw the gold used to be diagram support in 1974.
Musk, who’s now a obvious authorities worker, answered to this teach, demonstrating his shock that it’s no longer checked extra continuously. He then posted a meme that implied the gold at Citadel Knox used to be long past.
Sadly for the credulous Musk, Ivandjiiski is lying.
Learn extra: Michael Saylor copies Grayscale, tells US to crash gold for BTC
At some stage in Donald Trump’s first time period, his Treasury Secretary, Steve Mnuchin, as properly as contributors of Congress, collectively with Mitch McConnell, visited Citadel Knox and were allowed to see the bullion held there.
Moreover, the documents that were launched that incorporated the pictures of these politicians visiting Citadel Knox also approved that the Treasury State of industrial of Inspector Total does conduct “audits of United States Mint Custodial Gold Schedules” on an annual foundation.
They also confirmed that these audits encompass “an inspection of all gold compartments and joint seals to substantiate the compartments are locked, and the seals are intact and safe no longer been tampered with.”
Then again, despite these confirmations, some Bitcoiners safe already hopped on Musk’s lies about Citadel Knox and safe determined to make investments relating to the probability that the gold is certainly missing and that its absence will consequence within the total-lusted-after Strategic Bitcoin Reserve.
Completely different Bitcoiners and politicians safe their have suggestions relating to the gold. As an instance, Cynthia Lummis proposed that the Federal Reserve revalue its gold certificates and expend the funds to amass billions of greenbacks price of bitcoin.