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Fort Knox is home to nearly 150 million troy ounces (or 5,000 tons) of gold, according to the U.S. Mint.At current prices, the value could be in the hundreds of billions of dollars.
However, the gold in Fort Knox, who owns it, and who should be responsible for its storage and use all feed into a larger question about the U.S. government and who's really in charge.
In August 2017, Steven Mnuchin, who served as Treasury secretary in Trump’s first administration, took a trip to Fort Knox, according to the U.S. Mint’s website.
The first gold arrived at Fort Knox in 1937 with the 1st Cavalry Regiment called on to guard the shipment. Gold bars are stored at the U.S. Depository in Ft. Knox, Kentucky, Sept. 24, 1974.
The first gold arrived at Fort Knox in 1937 with the 1st Cavalry Regiment called on to guard the shipment. With the outbreak of World War II in Europe, ...
President Donald Trump continues to tease a possible trip to Fort Knox, Kentucky, to ensure that the stockpile of gold that has long been reported to be stored at the military base is there. “We’re ...
Le Prince de Conty, a French ship trading with Asia, sank off the coast of Brittany in 1746. The shipwreck was first ...