Elon Slays Sacred Golden Cows
What strange timeline are we living in?
Over the holiday Elon Musk sent the gold world into a frenzy.
The madman openly questioned whether Fort Knox’s gold was still there.
Source: X
In his post Elon referenced a separate note from Senator Mike Lee (Utah Republican):
As a U.S. senator I’ve tried repeatedly to get into Fort Knox
Fort Knox: “You can’t come to Fort Knox.”
Me: “Why?”
Fort Knox: “It’s a military installation.”
Me: “I’m a senator; I go to military bases all the time.”
Fort Knox: “You still can’t come. Because, you can’t.”
It does seem strange that a gold audit hasn’t been done since the 1950’s… And why can’t our politicians visit the gold, anyway?
We need a full gold audit. With Elon’s support, it looks like that may finally happen. Senator Rand Paul is also on board, along with his father Ron.
I honestly wasn’t sure we’d ever see the day where such things would be openly questioned. Let alone audited.
We have officially entered a new era. Previously untouchable subjects are now open for debate.
The Overton Window Shifts
The “Overton window” is the range of subjects which are considered acceptable to discuss in society.
I’ve never seen it shift as rapidly as it has over the past five years. Not even close.
Just a few years back anyone who questioned U.S. gold reserves was considered a wacky conspiracy theorist. Suddenly it’s a mainstream issue.
And it goes far beyond the monetary world. For example, it’s now widely acknowledged that COVID was a man-made virus.
Joe Rogan and Elon Musk are openly saying that Democrats increased immigration to gain votes and power.
The Overton window has been blown open by hurricane-force winds. It appears we’re finally going to get some of the change we’ve been waiting for.
Is the Gold There?
The United States Treasury reports 8,133 metric tons of gold reserves. Fort Knox holds 4,500 of those tons.
So… is it there? Jim Rickards is my go-to expert on these issues, and he says we don’t have any reason to doubt official reserve numbers.
Jim was recently quoted by Newsweek on this very topic:
Attorney and investment banker James Rickards told Newsweek that an audit would “help restore the confidence of U.S. citizens in government representations,” but that there was “no reason to doubt that the U.S. has exactly the amount of gold that it represents, about 8,133 metric tons.”
Jim also has an elegant explanation for why they haven’t done any gold audits since the 1950’s. He says it’s because the government wants to downplay the importance of gold. Why audit something so unimportant? They want the dollar to be center-stage.
However, we’re not out of the woods yet. Mr. Rickards says the government may have leased out too much of its gold. More from Newsweek:
[Jim Rickards] said an interesting revelation could be how much of the U.S. gold is leased—i.e., given to borrowers in exchange for fees, which Rickards described as “a way to inject more gold into the banking system than actually exists in physical form.”
“That’s a can of worms that only a few experts understand and the government has definitely not wanted to acknowledge. DOGE may open the can of worms,” he continued.
I truly hope it’s all there and unencumbered. Our nation’s monetary future may depend on it.
We probably won’t know for sure whether the U.S. gold reserves are intact for some time. DOGE has much to do, but auditing the Federal Reserve and Treasury should be high up on that list.
In the meantime, there are key takeaways here. The Overton window is now wide open. What were previously crazy conspiracy theories are officially up for debate in the mainstream discourse.
Some will prove to be nothing-burgers, but I believe many of these previously “unmentionable” topics are critical issues we need to discuss. Like immigration, healthcare, fraud, and waste of taxpayer dollars. Pretty important stuff…
I call it progress. We should be able to question our system, and demand the best of it. I believe this is one of the most important developments so far in Trump’s second term.
Let the slaying of sacred D.C. cows begin (metaphorically!).
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