Trump Considers Selling Fort Knox Gold

With gold reaching just over $3,110 per ounce, President Trump is considering sell all of the gold in Fort Knox, this according to an Associated Press report.
At present, America’s reported holding in gold is 8,133.46 metric tons. One metric ton is equal to 35,274 ounces. That comes to 286,899,668.04 ounces, or at today’s price of gold, $892,257,967,604.40.
What would happen to the price of gold if that many ounces came onto the market?
Clubs and Associations
- American Numismatic Association
- American Numismatic Society
- British Numismatic Society
- Central Ohio Numismatic Association
- Central States Numismatic Society
- Florida United Numismatists
- Numismatic Society of India
- the Cincinnati Numismatic Association
- The Royal Canadian Numismatic Association
- The Royal Numismatic Society
Coin Links
- Boy Scouts Merit Badge
- Buffalo Nickels
- Bureau of Engraving and Printing
- Calculate your coin's gold, silver, or metallic worth
- Coins & Currency in Colonial America
- David Lawrence Rare Coins Reference Library
- Dayton Metro Library – Coin Books
- Fixing PVC damage
- Indian Head Cents
- Legandary Coins and Currency from the Smithsonian
- Medalblog
- Mints of the World
- Monnaie de Paris
- NapoleonicMedals.org
- raregoldcoins.com
- Royal Canadian Mint
- Smithsonian Institution Collection
- Starting a coin collection
- The Kittredge Collection
- The Perth Mint
- The Pobjoy Mint
- The Princeton University Numismatic Collection
- The Royal Mint
- United States Mint
- University of Virginia Coin Collection
- Where is my coin from?
Coin News
Miami Valley Coin Dealers
Speciality Clubs
- American Tax Token Society
- Barber Coin Collectors' Society
- Dayton Diggers Metal Detecting Club
- Early American Coppers
- Encased Collectors International
- Fly-In Club
- Liberty Seated Collector's Club
- Medal Collectors of America
- National Token Collectors Association
- Numismatic Bibliomania Society
- The Bust Half Nut Club
- The Civil War Token Society
- The Colonial Coin Collectors Club
- The Elongated Collectors
- The John Reich Collectors Society
- The Society of Paper Money Collectors
- The Token and Medals Society
- Unrecognised States Numismatic Society
- Worldwide Bi-Metallic Collectors Club