Category: Reserves

Elon Musk, through DOGE, is shaking up the swamp and freaking out the Left. While his team is working toward government transparency, one of its next moves needs to be digging into perhaps the biggest financial secret in U.S. history: the real status of the American people’s gold. For almost 90 years, America’s gold reserves at Fort Knox have been locked away, unseen and mostly unverified. The last official audit was over 70 years ago, and as Glenn explains, that audit was hardly comprehensive. So what’s really inside Fort Knox? With global markets shifting and questions mounting, Glenn says NOW is the time for real transparency. He traces the murky history of America’s gold — from FDR’s confiscation to Nixon’s break from the gold standard — and warns of the financial reckoning on the horizon. He heads to the chalkboard for a simple explanation of rehypothecation and why it matters. Is all of our gold accounted for? And if not, what happens next? As Glenn, Elon, and Sen. Rand Paul (R-Ky.) push President Trump to open the vault and restore public trust, Treasury Secretary Scott Bessent assures Americans on Bloomberg that the gold is accounted for and promises, “Any U.S. senator who wants to come and visit can arrange a visit through our office.” Sen. Mike Lee (R-Utah), who was previously denied access to Fort Knox after multiple requests, tells Glenn he’s ready to take Sec. Bessent up on his offer.