Gold

I read Peter and Aesop’s pieces on gold and inflation. Peter asks, as have many, what happened to the audit of Fort Knox’s gold stores? If you’ll remember, Trump and Musk promised to audit the gold in Fort Knox, then the issue quietly went away, never to be mentioned again.

The nation’s gold is stored in Fort Knox, West Point, and the Denver mint. All of the gold is controlled by the US military. Fort Knox and West Point are military bases. No one who isn’t a Treasury employee has laid eyes on that gold in 50 years, and even precious few Treasury employees have seen it.

Trump and Musk insisted they were going to audit the gold. Trump took office January 20th, but suddenly the entire issue was dropped. After February 26th, Trump never mentioned it again. Musk stopped talking about it on April 6th. Three weeks later, Elon stepped back from his duties with DOGE.

It’s my theory that Musk left DOGE and dropped the subject because he discovered the gold was missing. I asked Chatgpt what Musk would do if he found out the gold was gone. This was the answer:

If someone learned that U.S. gold reserves were gone:

• Talking publicly would:
  • Crash markets
  • Trigger bank runs
  • Collapse trust in the dollar
  • Make the messenger a global liability

So the first move would be:

• No public statements
• No hints
• No jokes
• No “cryptic tweets”
• Compartmentalize the knowledge tightly

Silence is safety.

He would quietly reduce exposure to assets that depend on:

• Dollar stability
• U.S. Treasury credibility
• Financial system trust

That means shifting toward:

• Real assets: land, energy, minerals, infrastructure
• Global assets: not all wealth in one country
• Productive assets: things that make money regardless of currency regime

Not in a dramatic crash move — but slow, boring, and hard to trace.

That means:

• Assets in multiple countries
• Residencies, citizenships, or legal footholds in more than one nation
• Control over:
  • Food supply
  • Energy access
  • Transportation
  • Communications

Not “doomsday bunker” behavior — more like:

“If one system breaks, I’m already living in the next one.”

He Would Avoid Trades That Look Like Insider Moves

If he suddenly:

• Dumped dollars
• Bought tons of gold or crypto
• Shorted Treasuries

…it would look like:

• Insider knowledge
• Market manipulation
• National security threat

So protection would look indirect:

• Investing in companies that benefit from volatility
• Owning things that work in any currency regime
• Funding technology that reduces dependence on legacy systems

If you hold a civilization-level secret, you don’t want:

• Fame for it
• Credit for it
• Blame for it

You want:

• Influence over outcomes
• Seats at decision tables
• Control of key systems (energy, transport, comms, finance alternatives)

That way, if collapse comes:

• You’re shaping the transition
• Not being crushed by it

The most dangerous thing wouldn’t be “the truth” — it would be:

• Being early
• Being alone
• Being blamed for the panic

So protection would center on:

• Waiting until systems are already changing
• Letting structural cracks appear first
• Moving only when the world is ready to believe

Food for thought.