President Donald Trump continues to tease a possible trip to Fort Knox, Kentucky, to verify that the gold stockpile, long reported to be stored at the military base, is indeed there.
“We’re gonna go into Fort Knox to make sure the gold is there,” Trump said.
According to the U.S. Mint, the last time a gold vault was inspected by individuals other than authorized personnel was during President Franklin D. Roosevelt’s visit to the Bullion Depository in 1943 — 82 years ago.
Trump made similar comments in February, telling reporters, “You know that? We’re gonna go into Fort Knox. Do you know about that?”
One of the things we do want to look — I mean, we hope everything’s fine with Fort Knox, but we’re gonna go to Fort Knox, the fabled Fort Knox, to make sure the gold is there,” he said.
“Where would the gold have gone?” a reporter asked.
“If the gold isn’t there, we’re gonna be very upset,” the president replied.
According to the United States Bullion Repository, as of Monday, 147.3 million ounces of gold, valued at about $435 billion, were in circulation. Gold opened at $2,950.01 an ounce on the markets.
The United States Bullion Depository at Fort Knox has safeguarded the nation’s precious metal reserves since 1937, becoming synonymous with security and protection. In addition to storing gold reserves, Fort Knox also serves as the U.S. Army’s Human Resources Command Center and hosts the Army’s largest annual training event each summer, the Economic Times reported.
