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?


Monday, March 31st, 2025 Uncategorized