Last week, U.S. President Donald Trump called for an audit of Fort Knox - the ultra-high security facility where the U.S. government (supposedly…) stores its gold holdings.

Trump’s good buddy and trusted DOGE advisor Elon Musk has also raised public doubts about whether the gold reserves are actually there. 

It’s been decades since Fort Knox was last audited, and now President Trump and Elon Musk are raising a question that has lingered among those often labelled “conspiracy theorists”:

Is the gold actually still there?

Remso Martinez, part of our marketing team here at Expat Money®, spent extended training periods at Ft. Knox twice during his US Army career. When I saw the news that Trump and Musk were questioning whether the gold was there, I asked Remso for his thoughts. 

“I don’t know about gold, but I remember Ft. Knox had millions of ticks and mosquitos,” he replied.

For the sake of Americans, let's hope that Ft. Knox is full of more than pesky insects. 

Officially, Fort Knox holds 147.3 million ounces of gold—and U.S. Treasury Secretary Scott Bessent has stated that “all the gold is presented and accounted for.”

But if the U.S. Treasury is so confident, why not let the public see for themselves?

The fact that the President of the United States and the world’s richest man are openly questioning whether the U.S. government even knows where its gold is should be sounding alarm bells.

Shouldn’t you be asking the same questions about your own assets?

If the very institution responsible for backing the U.S. dollar can’t guarantee its own gold supply, what does that say about the financial system? 

What does that say about the fiat currency sitting in your bank account?

Here’s what I know for sure: Governments lose track of assets all the time.

Fiat currencies are being devalued at an alarming rate, and gold has remained the most trusted store of wealth for thousands of years. 

But here’s the catch—it only works if YOU control it.

Gold sitting in some government vault (so they say) does nothing for you. 

If you’re serious about protecting your wealth, you must own and store your gold where no government can seize it, freeze it, or “misplace” it.

This is why so many of our clients are moving their gold into secure, offshore vaults. I highly recommend you do the same.

In the meantime, do YOU think the gold is still in Ft. Knox? 

Time will tell if this is all just a publicity stunt, but it’s sure as heck worth keeping an eye on…

Speak soon,

Mikkel

P.S. You can meet our trusted offshore gold partners in person at the Wealth, Freedom and Passports conference, now just a few short weeks away, from March 14-15 in Panama City, Panama. Head to expatmoney.com/conference to secure your tickets, and I’ll see you there.

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