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Fort Knox’s significance to the U.S. economy has diminished since the country abandoned the gold standard for the dollar in 1971. For more than a century before that, the government maintained gold stockpiles to support the dollar.
Today, the gold is merely another asset held by the Federal Reserve. Discussions about inspecting Fort Knox to verify the government’s gold reserves faded after Elon Musk raised the issue last year, said The Post.
Last week, in a first for the country, he drove the presidential motorcade down by the Lincoln Memorial Reflecting Pool to personally oversee the renovations taking place there. Trump had instructed his “pool guy” to apply an “American flag blue” coating to the iconic monument.
Trump began teasing a trip to Fort Knox last summer. “We’re gonna go into Fort Knox to make sure the gold is there,” Trump said in July.
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