Tech billionaire Elon Musk has his sights set on an audit of the U.S. gold reserve at Ft. Knox through the Department of Government Efficiency (DOGE) after it was revealed there is no yearly review for the world-renowned stash. Sen. Rand Paul, R-Ky., who invited Musk to review the gold reserve on X over the weekend, joined "FOX & Friends" to discuss the need for greater transparency about the massive reserve after trying to verify it himself for a decade. "I think some of them may not think it needs to be audited all the time, but I think the more sunlight, the better, more transparency, the better. And also, it brings attention to the fact that gold still has value and implicitly, not explicitly, but implicitly, gold still gives value to the dollar," Paul told Lawrence Jones on Monday. "That's why we don't get rid of it," he continued. "We've got it. The IMF has it, the World Bank has it. Most of the central banks… around the world have gold, and it's an implicit trust that the dollar still has some backing." Elon Musk's DOGE prepares to audit US gold reserves at Fort Knox after urging by Sen. Rand Paul This has the potential to be fun. It could make for some entertaining political theater. Conspiracy theories are sure to abound.
The official government positions seem to be a "What if Fox News ran the US government" experiment. This seems to be a "What if some incel tweeting racist memes from his mother's basement ran the US government" experiment.
At most its $300B. What is the big deal? We spent $3T+ keeping the economy from crashing under Trump during Covid.
No one in congress took him seriously when he talked about introducing legislation regarding this but he finally found someone who will indulge his crankery
Maybe Musk could do one thing right before moving onto the next. $50 million in condoms! No? OK, USAID paid Politico millions! No? OK, Fema used disaster funds to house immigrants in a luxury hotel! No? OK, we paid the Reuters news service for social deception! No? OK ... uh ... Fort Knox!
Yeah, people seem outraged. What you are seeing is a combination of eye rolling with an acknowledgement of having to explain to some idiots in the 10 seconds that they will devote to this issue why other idiots doing a high school-level book report on the US government got it wrong in their 10 minute look into an issue (followed by 10 days worth of inaccurate tweeting).
Yeah, why are people so mad about the biggest idiots in the world being constantly rewarded and indulged.