Concerning Fort Knox

This was posted by Elon Musk within the hour:

 

pic.twitter.com/yrClmRrmiP

— Elon Musk (@elonmusk) February 28, 2025

Trump and Musk To Visit Fort Knox

Cue up the main theme from Goldfinger...

  

 

DOGE To Look At Fort Knox?

Above, Ken Adam's Fort Knox set in Goldfinger. Eon Productions/Danjaq photo.

With DOGE (Department of Government Efficiency) beginning their work, led by Elon Musk, there are several government agencies that are targets for their audits. They started with USAID with interesting results.

It is said that the IRS may be audited soon. 

One place that should be audited, at least according to Sen. Rand Paul of Kentucky, is Fort Knox, where the U.S. gold depository is located. How much gold is there is a secret. Even the interior of Fort Knox is a secret. The Fort Knox set in Goldfinger came from set designer Ken Adam's imagination.

A couple of years ago, I blogged an article on Fort Knox with the title, "Does Fort Knox Still Have Gold?" It is probably a safe guess that it does, but the question remains, how much?

The Federalist blog posted an article, "Elon Musk to audit Fort Knox Gold?" It would be interesting to find out how much gold is there and, also, who owns it. 

Considering that gold's current COMEX spot price is around $2,913/toz, it would be a good idea to audit Fort Knox to see just how much gold is there.

Does Fort Knox Still Have Gold?

Above, Fort Knox U.S. Bullion Depository.

One of the most memorable movie sets in film has to be the Fort Knox set in Goldfinger (1964), the third James Bond movie starring Sean Connery.

The set design by Ken Adam, it is said, bears no resemblance to the real Fort Knox gold depository facility. 

United States Gold Bureau has posted an article asking, "Does Fort Knox Still Have Gold?" 

The article begins with:

If you didn't learn about Fort Knox in history class, you may be aware of it from the James Bond movie Goldfinger. Have you ever wondered what Fort Knox is really like and how much gold the U.S. holds there?

Fort Knox is one of the most secret and secure places in the United States. Few people get to go inside, so it's a popular subject for speculation. 

The facility doesn't allow visitors, so it's impossible to know exactly how much gold there is at Fort Knox. Whether you're a gold investor or just curious about this bullion bunker in Kentucky, Fort Knox gold is a fascinating subject.

Here's a closer look at Fort Knox and its mysterious gold supply.

To read more, go here. 

Willys M38A1 Jeeps In "Goldfinger"

Above, a M38A1 Willys Jeep in Goldfinger. IMCDb.org photo.

At the time that the James Bond movie, Goldfinger (1964) was made, the Willys Jeep M38A1 had been in production for twelve years.

Last night, I was watching Goldfinger. It had been a while since I last viewed it. During prior viewings, my attention wasn't focused on the Jeeps in the movie. Since I now have a 1952 M38A1, they caught my attention. I spotted two Willys M38A1 Jeeps in the movie. (IMCDb lists them as 1951 models in error.)

During the scenes leading up to the attack on Fort Knox in Kentucky, one M38A1 was in the caravan going to Fort Knox. There was another M38A1 containing soldiers supposedly killed by Delta 9 nerve gas.

After spotting them, I got out my cell phone and snapped some photos of the two Jeeps from my television screen.

Here they are:

 

It would be interesting if some Jeep enthusiasts owns these Jeeps today.

Silver American Eagle and Gold

When I returned home from my mini-vacation to Monument Valley last week, waiting for me in my post office box was the 2022 Silver American Eagle that I ordered the previous week.

Since Bidenflation has eaten away our purchasing power, it is prudent to invest in precious metals such as gold and silver.

Gold is much too pricey, but silver is affordable at roughly (spot price) $18.48 per ounce. 

I generally go for Morgan dollars, but I haven't seen any deals that would entice me lately.

Here's the 2022 Silver American Eagle:

Speaking of precious metals, a bill has been introduced in congress to put our currency back on the gold standard. 

"Gold Standard Restoration Act" Introduced In Congress

Above, the Fort Knox set from Goldfinger (1964). Eon Productions/United Artists.

From Kitco News:

(Kitco News) - One American politician proposes bringing stability back to the U.S. economy and its currency by introducing a new gold standard.

Last week, U.S. House Representative Alex Mooney (R-WV) introduced the Gold Standard Restoration Act. The bill looks to peg the U.S. dollar to gold to address the growing inflation threat, massive deficit spending and instability within the U.S. monetary system.

"The gold standard would protect against Washington's irresponsible spending habits and the creation of money out of thin air," said Rep. Mooney in a statement.

"Prices would be shaped by economics rather than the instincts of bureaucrats. No longer would our economy be at the mercy of the Federal Reserve and reckless Washington spenders," Mooney added.

The bill noted that the dollar, referred to as the Federal Reserve note, has lost more than 30% of its purchasing power since 2000. At the same time, the U.S. has lost 97% of its purchasing power since the Federal Reserve Act was passed by congress in 1913.

The proposed legislation would require the Federal Reserve and the U.S. Treasury to disclose all records pertaining to the government's gold reserves and gold-related transactions over the last 60 years.

The bill has a "snowball's chance in hell" of passage, but at least someone is bringing awareness about how worthless our currency is and what should be done about it. 

To read more, go here.