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Ft Knox hypothetical

Posted on 2/22/25 at 10:35 am
Posted by Bamafig
Member since Nov 2018
4764 posts
Posted on 2/22/25 at 10:35 am
First off, yes, I realize that we are not on the Gold Standard. Got it. Understood.

IF Trump walked in and found it to be completely empty, what would he do?

1. Makes the announcement and markets crash.
2. Does not disclose the information.
3. Makes the announcement and the real movers simply shrug because they knew it wasn’t there anyway, while feigning anger.
4.?
Posted by aTmTexas Dillo
East Texas Lake
Member since Sep 2018
19533 posts
Posted on 2/22/25 at 10:38 am to
Secret grand jury assembles.
Posted by prplngldtigr
just up da bayou from down
Member since Dec 2004
7451 posts
Posted on 2/22/25 at 10:38 am to
It’s a good question.

Let’s first start my determining what does the gold represent in the first place?

As you say - the US is no longer on the gold standard.
It’s not the nation’s wealth.

What IS the purpose of the gold?

Just read it’s worth 435billion.
About what Dems scam through Act Blue in a weekend.
This post was edited on 2/22/25 at 10:43 am
Posted by momentoftruth87
Your mom
Member since Oct 2013
85046 posts
Posted on 2/22/25 at 10:40 am to
Why would he hide it? I’d assume launch an investigation to look into it further. I doubt it would crash the economy, it would just be another embarrassment for our country.
Posted by Evolved Simian
Bushwood Country Club
Member since Sep 2010
22973 posts
Posted on 2/22/25 at 10:47 am to
If it's gone, you'll see a temporary disruption, but it will be a very big one. Our markets have been pretty resilient when it comes to recovery in recent years, though.

Half a trillion dollars (147 million ounces at 3k per oz) would put a dent in the national balance sheet, for sure.
Posted by SlayTime
Member since Jan 2025
1673 posts
Posted on 2/22/25 at 10:48 am to
Livestream it.
Posted by pizzathehut
west monroe
Member since Jul 2016
962 posts
Posted on 2/22/25 at 10:48 am to
Austin Powers will find goldmember
Posted by Miner
Birmingport
Member since Nov 2017
1380 posts
Posted on 2/22/25 at 10:50 am to
I may be mistaken, and please correct me if so, but I thought we also stored some other countries gold, as well. If so, I imagine some shite would fly.
Posted by OU Guy
Member since Feb 2022
20172 posts
Posted on 2/22/25 at 10:54 am to
What if its more than thought? Would we then use the excess to back Bitcoin?
Posted by Great Plains Tiger
Member since Sep 2005
268 posts
Posted on 2/22/25 at 10:58 am to
1)Immediate disclosure
2)Immediate investigation
3)Immediate accountability

Gold would skyrocket, US would lose credibility, dollar would drop significantly, US markets would sell off and most severely in financial sector
Posted by Bamafig
Member since Nov 2018
4764 posts
Posted on 2/22/25 at 11:05 am to
quote:

Gold would skyrocket Gold would skyrocket


I guess that depends on where the missing gold is. If it was slowly placed in circulation it would have increased the supply and should lower the price, now that it’s known. If it was just moved or relocated to other countries, still out of circulation, maybe not.

I’m not a Gold Bug or financial guy, so just spit-balling.
Posted by bama1959
Huntsville, AL
Member since Nov 2008
4980 posts
Posted on 2/22/25 at 11:06 am to
quote:

Gold would skyrocket, US would lose credibility, dollar would drop significantly, US markets would sell off and most severely in financial sector


I think the dollar and our stock market would be ok. We're 36T$ in debt so how much would .5T$ more hurt?
Supposedly there's only 23T$ in gold in the world so losing $.5T would spike prices somewhat.
This post was edited on 2/22/25 at 11:13 am
Posted by Great Plains Tiger
Member since Sep 2005
268 posts
Posted on 2/22/25 at 11:08 am to
I think it would be a confidence issue. That’s a big lie to have kept going for so long.
Posted by cajunangelle
Member since Oct 2012
157507 posts
Posted on 2/22/25 at 11:09 am to
Last inspection 1974

Posted by Pandy Fackler
Member since Jun 2018
19687 posts
Posted on 2/22/25 at 11:11 am to
quote:

First off, yes, I realize that we are not on the Gold Standard. Got it. Understood.

IF Trump walked in and found it to be completely empty, what would he do?

1. Makes the announcement and markets crash.
2. Does not disclose the information.
3. Makes the announcement and the real movers simply shrug because they knew it wasn’t there anyway, while feigning anger.
4.?


The gold is in Fort Knox, but let's pretend for a second it's not. Well the guy has to say something now. He told the world he was gonna go check to see if it was still there.
This post was edited on 2/22/25 at 11:12 am
Posted by bama1959
Huntsville, AL
Member since Nov 2008
4980 posts
Posted on 2/22/25 at 11:11 am to
quote:

I think it would be a confidence issue. That’s a big lie to have kept going for so long


My math was wrong on gold. We have about 1/40th of amount of gold in the world so it probably wouldn't spike gold too much either
This post was edited on 2/22/25 at 11:34 am
Posted by cajunangelle
Member since Oct 2012
157507 posts
Posted on 2/22/25 at 11:13 am to
1974 tour FULL video



Couldn't the Treasury Sec order a inspection tour?
Posted by Chief One Word
Eastern Washington State
Member since Mar 2018
4241 posts
Posted on 2/22/25 at 12:06 pm to
Aliens must think we are a weird bunch. Gold vaults, nuclear weapons and people that eat other people and shite like that.
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