Not belittle you but… a belittling post from you to object to belittling. That kind of self awareness is pure Trumpian.
You have to love the irony of Contra's source being the "Titcoin Podcast" guy. Also, you have to love the commitment of Bitcoin Bros to getting the government to pay them large sums of money because...well, why not?
It shouldn't be that hard to do. I realize it is a lot of gold. If you want to do it in depth you would have to unstack it all and count it, both at Fort Know, but also the West Point mint.
I would be surprised if there is a physical audit by DOGE. More likely they will want to look at the access logs and how much was withdrawn with line items like “PSYOP Project X”.
I don't think the Fed holds any meaningful amount of gold. Does the Federal Reserve own or hold gold?
Someone's been shot with a dart in the jugular with amphetamine and rabies. Lol... Musk is a rare talent.
Reminder. Don’t believe everything musk claims in posts on x….. “Almost half of those line-item savings could be attributed to a single $8 billion contract for the Immigration and Customs Enforcement agency. But it appears that the DOGE list vastly overstated the actual intended value of that contract. A closer scrutiny of a federal database shows that a recent version of the contract was for $8 million, not $8 billion. A larger total savings number published on the site, $55 billion, lacked specific documentation.” Even the $8 million is an upper bound on the amount saved by canceling the contract. Since $2.5 million had already been spent on the contract, according to data on USAspending.gov, that suggests that canceling it saved $5.5 million at most.“ DOGE claims to make $8B saving — on a contract worth just $8M - NewsBreak DOGE Claimed It Saved $8 Billion in One Contract. It Was Actually $8 Million.
I guess it isn't common knowledge that the total value of a contract is only the maximum of the contract vehicle. The government is only obligated to pay a fraction at award, mostly to recoup the cost of bidding IMO. I'd say quite a bit of ceiling never gets used on a lot of contracts. Some contracts get awarded and then never get used because the requirement went away. You'd be surprised how many contractors think that they win this big contract award means the government is on the hook to fully fund it. In this case, it probably cost more for a contracting officer to formally cancel the contract than just tell the vendor the government had no intention of funding future delivery orders.
