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Investing.com -- Kentucky Senator Rand Paul has called for an audit of the gold reserves held at Fort Knox. He made the request in a letter to Treasury Secretary Scott Bessent, reigniting a decades-long debate about the U.S. gold reserves, which haven’t been publicly inspected since 1974.
This move by Senator Paul is the latest in a series of calls for audits of Fort Knox’s gold, which have been spurred by conspiracy theories about missing gold. The Fort Knox vault, according to the U.S. Mint, currently holds 147.3 million ounces of gold.
The letter also references previous attempts to audit the gold reserves, like the one initiated by Ron Paul in 2010, as well as ongoing legislative pushes, including a 2021 bill introduced by Representative Alex Mooney. These efforts demonstrate a continuous skepticism about the amount of gold held at Fort Knox.
In a post on X, Paul copied Elon Musk, indicating the tech entrepreneur’s increasing political influence. Musk has recently hinted he could have DOGE investigate the gold reserves at Fort Knox.
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