US’ biggest gold depository becomes Elon Musk’s latest audit target

"We’re going to open up the the doors. We’re going to inspect Fort Knox," Trump said in a speech to Republican governors Thursday evening.

"I don’t want to open it and the cupboards are bare," he added.

Musk, the world’s richest man, who was traveling with the Republican president aboard Air Force One, has spent days posting about this issue.

"Who is confirming that gold wasn’t stolen from Fort Knox?" he wrote Monday. "Maybe it’s there, maybe it’s not."

"Livestream it," someone commented. Musk responded with two fire emojis.

The United States Bullion Depository at Fort Knox, Kentucky. Photo by US Mint

Treasury Secretary Scott Bessent says there is an audit every year and that "all the gold is present and accounted for."

"This is something that people are apparently very concerned about," O’Donnell said. "Elon Musk has been promising to verify that the gold is still there."

Bessent said he would be happy to arrange an inspection for any senator who is interested.

The United States Bullion Depository at Fort Knox has stored precious metal bullion reserves for the United States since 1937 and has become synonymous for secure and well protected.

Along with protecting gold reserves, Fort Knox is currently also used as the Army’s human resources command center, and it hosts the Army’s largest annual training event each summer.

The Army post is about 35 miles south of Louisville and encompasses 109,000 acres in three Kentucky counties — Bullitt, Hardin, and Mead.

Camp Knox was established during World War I and became an artillery training center, according to the Army post’s website.

It was made a permanent installation in 1932 and has been known since then as Fort Knox. The first gold arrived at Fort Knox in 1937 with the 1st Cavalry Regiment called on to guard the shipment.