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Rand Paul Visits Fort Knox, Says Gold Is There and Uses Inspection to Warn About Inflation

  • Senator Rand Paul visited the U.S. Bullion Depository at Fort Knox, Kentucky, confirming that about 147 million ounces of gold are stored in the U.S., with roughly half held at Fort Knox itself.
  • He highlighted that since 1971, when the U.S. left the gold standard, the dollar's purchasing power has significantly decreased, contributing to inflation and higher prices.
  • Paul criticized government fiscal policies, stating that Congress spends without limit while the Federal Reserve creates money to cover deficits, which fuels inflation.
  • He called for an independent audit of Fort Knox's gold reserves, noting the long gap since the last full audit and addressing public concerns about the gold's presence and the reliance on fiat currency.
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RedState broke the news in Camarillo, United States on Monday, August 10, 2026.
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