We collect cookies to analyze our website traffic and performance; we never collect any personal data.Cookies Policy
Accept
Michigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
Reading: Elon Musk imagines Fort Knox empty as others pitch Strategic Bitcoin Reserve
Share
Font ResizerAa
Michigan PostMichigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
© 2024 | The Michigan Post | All Rights Reserved.
Michigan Post > Blog > Crypto & Web 3 > Elon Musk imagines Fort Knox empty as others pitch Strategic Bitcoin Reserve
Crypto & Web 3

Elon Musk imagines Fort Knox empty as others pitch Strategic Bitcoin Reserve

By Editorial Board Published February 18, 2025 2 Min Read
Share
Elon Musk imagines Fort Knox empty as others pitch Strategic Bitcoin Reserve

It’s broadly accepted that the USA holds roughly 147.3 million ounces of gold at Fort Knox. Nonetheless, Elon Musk and others have determined to publicly query this truth.

Daniel Ivandjiiski, the blogger behind ZeroHedge, has taken to X to make the declare that the final time somebody noticed the gold was approach again in 1974.

Musk, who’s now a particular authorities worker, responded to this declare, demonstrating his shock that it’s not checked extra continuously. He then posted a meme that implied the gold at Fort Knox was gone.

Sadly for the credulous Musk, Ivandjiiski is mendacity. 

Screenshot 2025 02 18 at 11.20.34%E2%80%AFAM

Screenshot 2025 02 18 at 11.20.42%E2%80%AFAM

Screenshot 2025 02 18 at 11.20.52%E2%80%AFAM

Screenshot 2025 02 18 at 11.21.14%E2%80%AFAM

Screenshot 2025 02 18 at 11.21.25%E2%80%AFAM

Screenshot 2025 02 18 at 11.21.33%E2%80%AFAM

Screenshot 2025 02 18 at 11.21.47%E2%80%AFAM
Photographs launched underneath the Freedom of Data Act.

Throughout Donald Trump’s first time period, his Treasury Secretary, Steve Mnuchin, in addition to members of Congress, together with Mitch McConnell, visited Fort Knox and had been allowed to view the bullion held there.

Moreover, the paperwork that had been launched that included the photographs of these politicians visiting Fort Knox additionally famous that the Treasury Workplace of Inspector Basic does conduct “audits of United States Mint Custodial Gold Schedules” on an annual foundation.

Additionally they confirmed that these audits embody “an inspection of all gold compartments and joint seals to verify the compartments are locked, and the seals are intact and have not been tampered with.”

Nonetheless, regardless of these confirmations, some Bitcoiners have already hopped on Musk’s lies about Fort Knox and have determined to take a position in regards to the chance that the gold is certainly lacking and that its absence will convey in regards to the much-lusted-after Strategic Bitcoin Reserve.

Different Bitcoiners and politicians have their very own concepts in regards to the gold. For instance, Cynthia Lummis proposed that the Federal Reserve revalue its gold certificates and use the funds to buy billions of {dollars} value of bitcoin. 

TAGGED:bitcoinElonEmptyFortimaginesKnoxMuskpitchreservestrategic
Share This Article
Facebook Twitter Email Copy Link Print

HOT NEWS

Air high quality alerts stay in impact this morning

Air high quality alerts stay in impact this morning

Michigan
June 6, 2025
Why did Zia Yusuf resign as chairman of Reform UK?

Why did Zia Yusuf resign as chairman of Reform UK?

About quarter-hour earlier than Zia Yusuf's shock resignation, a number of senior Reform figures had…

June 6, 2025
Chancellor Julio Frenk suggests he’ll be actively concerned with UCLA athletics

Chancellor Julio Frenk suggests he’ll be actively concerned with UCLA athletics

Julio Frenk doesn't seem like a college administrator content material to look at his faculty’s…

June 6, 2025
From STRF to STRD — is Michael Saylor simply promoting junk bonds?

From STRF to STRD — is Michael Saylor simply promoting junk bonds?

Some followers of Michael Saylor have grown uninterested in his alliterative naming conference for a…

June 6, 2025
HSBC sounds out ex-McKinsey chief Sneader about chairmanship

HSBC sounds out ex-McKinsey chief Sneader about chairmanship

A former McKinsey boss is among the many candidates being thought-about to switch Sir Mark…

June 6, 2025

YOU MAY ALSO LIKE

Musk Vs Trump Feud | Economics

COMMENT: OK. I have no idea how Socrates does it, however you stated on the WEC that Trump’s time period…

Economics
June 6, 2025

Mallers says no bitcoin rehypothecation at Strike — however what about re-pledging?

Jack Mallers suffered social media blowback this week after a viral tweet accused his firm, Strike, of rehypothecating the bitcoin…

Crypto & Web 3
June 5, 2025

Mallers says no bitcoin rehypothecation at Strike — however what about re-pledging?

Jack Mallers suffered social media blowback this week after a viral tweet accused his firm, Strike, of rehypothecating the bitcoin…

Crypto & Web 3
June 5, 2025

Bitcoin | Economics

QUESTION: Why Bitcoin has been robust in latest weeks?? Greatest Gerry ANSWER: Bitcoin is the first automobile for cash laundering. Even…

Economics
June 5, 2025

Welcome to Michigan Post, an esteemed publication of the Enspirers News Group. As a beacon of excellence in journalism, Michigan Post is committed to delivering unfiltered and comprehensive news coverage on World News, Politics, Business, Tech, and beyond.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 | The Michigan Post | All Rights Reserved

Welcome Back!

Sign in to your account

Lost your password?