Fort Knox Gold Holdings Account for 2.7% of U.S. Debt as $1.07 Trillion Stock Debated

Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar

The Treasury Secretary says he hasn’t been to Fort Knox, but said all $600 billion in gold there is “present and accounted for.”

Scott Bessent Says $1 Trillion in Gold Sits Safe at Fort Knox. Why That Assurance Changes So Little

Treasury Secretary Scott Bessent stepped forward this month with a message crafted to end years of whispers. All the gold is present and accounted for. The United States holds the world’s largest stockpile. Its market value exceeds $1 trillion. Simple words. Yet they land amid a thicket of unresolved questions, congressional demands for independent verification, and a national debt that has climbed toward $40 trillion. Bessent delivered the upda…

Fort Knox, America’s $1 Trillion in Gold, and the Question No One Is Asking

Fort Knox, America’s $1 Trillion in Gold, and the Question No One Is Asking Not only don’t we know how much physical gold is there, but we don’t know who actually owns it. The U.S. stores the gold for numerous foreign countries. Doug Casey Fri, 07/24/2026

Fort Knox Gold Holdings Account for 2.7% of U.S. Debt as $1.07 Trillion Stock Debated

WASHINGTON, July 23, 2026, 07:09 EDT — As a debate over Fort Knox unfolds, data shows that the U.S. gold reserve, valued at $1.07 trillion, is sufficient to cover just 2.7% of the country’s total debt. Treasury states its holdings at 261.499 million fine troy ounces, valued at $11.041 billion. (U.S. Department of the Treasury)…