Egged On By Right-Wing Conspiracy Theorists, Trump Wants To Visit Fort Knox To Make Sure Gold Is Still There
President Donald Trump wants to personally visit Fort Knox, which holds the United States Bullion Depository, to make sure that none of the government’s gold bars have been stolen.
In recent months, right-wing conspiracy theorists from Glenn Beck to Alex Jones have raised questions about whether the nation’s gold reserves are intact. Social media accounts that promote conspiracies have resulted in increased pressure on administration officials.
Scott Bessent, Trump’s Treasury secretary, reassured people in an exchange with Bloomberg in February that all the gold the government owns remains safely in Fort Knox.
Fears of gold being stolen from Fort Knox have been a consistent worry since the late 1900s.
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Gold is a precious metal that many investors consider a safe investment due to its general stability during times of economic turmoil, such as the current economic uncertainties caused by Trump’s tariffs.
Critics argue that Trump’s sudden interest in Fort Knox may be more closely tied to his family’s substantial stake in the cryptocurrency industry, which many view as a potential substitute for gold or even the U.S. dollar.
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