Trump Wants to Check on the Gold at Fort Knox. His Allies Are Cashing in on the Fear
- Donald Trump has not yet visited Fort Knox, despite plans announced in February 2024 to verify the presence of the gold reserve there.
- Concerns about missing gold at Fort Knox arose from longstanding worries and recent fears fueled by conspiracy theories and calls from public figures like Glenn Beck.
- Birch Gold Group, endorsed by Donald Trump Jr. And promoting gold investments, links its messaging to the idea that audits could reveal gold shortages and proposes gold IRAs as beneficial.
- Fort Knox stores nearly half of the government's total gold reserves, totaling approximately 147 million ounces, and has been subject to annual audits that have consistently reported no major issues.
- The controversy has increased gold demand, especially physical bars stored offshore in places like Singapore, driven by economic uncertainty and distrust in domestic financial institutions.
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Gold Rush 2.0. Why Gold Could Hit $8,900 By 2030 — And How The Ultra-Rich Are Already Preparing By Vaulting Wealth In Singapore
There is a strong shining link emerging between Singapore and gold; as global markets struggle with rising uncertainty from mounting geopolitical tensions to Trump’s unpredictable policies, the world’s ultra-wealthy are moving super fast to secure their wealth. And increasingly, that means parking gold not just anywhere, but in Singapore, the new global haven for precious …
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Total News Sources12
Leaning Left2Leaning Right0Center3Last UpdatedBias Distribution60% Center
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60% Center
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C 60%
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