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Fortune
Fortune
Chris Morris

Elon Musk and DOGE could turn their attentions on Fort Knox soon

Photo of Elon Musk (Credit: Kenny Holston-Pool/Getty Images)
  • Elon Musk has hinted he could steer DOGE to investigate gold reserves at Fort Knox. The suggestion, posted on Twitter/X, comes as conspiracy theorists are once again implying the precious metals are not there.

Elon Musk’s Department of Government Efficiency could soon add Fort Knox to the list of government departments the task force is investigating.

In a series of posts on Twitter/X over the weekend, Musk raised questions about whether the gold reserves at Fort Knox are truly there.

“Who is confirming that gold wasn’t stolen from Fort Knox?” he wrote. “Maybe it’s there, maybe it’s not. That gold is owned by the American public! We want to know if it’s still there.”

In a separate post, he wrote, “Looking for the gold at Fort Knox,” followed by a popular South Park meme featuring a character saying, “Annnnd it’s gone.”

The alarm-raising about the status of the U.S. gold reserves got its start at 3:50 a.m. on Monday, when Musk replied to a post from Alex Jones about Fort Knox’s “missing gold” by saying, “It would be cool to do a live video walkthrough of Fort Knox!” That led to a follow-up frenzy, with an account claiming to be Utah Sen. Mike Lee (though not his office’s official account) complaining he was not permitted to gain access to the installation.

Conspiracy theories about the missing gold are not new. It has been the topic of books and podcasts for years, but there has been no credible indication that the U.S. gold reserves have vanished.

The government, on a monthly basis, issues a report that details gold reserve levels around the country, as well as whether the gold is being used to create congressionally authorized coins or being held in deep storage.

Fort Knox is the most famous repository for gold, but vast quantities are also held at mints in West Point and Denver as well as the Federal Reserve vault in New York. 

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