Musk recently made a big move on X: suggesting using DOGE (the Department of Government Efficiency) to audit Fort Knox's gold reserves. This has actually sparked quite a response.

Key data: the US has 4,580 tons of gold stored at Fort Knox, valued at $42.63 billion at current prices. The last full audit was in 1953, 53 years ago. In 1974, a small part was audited, but no one has gone in since then.

Senator Rand Paul also chimed in, saying he wanted to verify the gold's existence 10 years ago and was approved but ultimately couldn't go. Now he supports the audit.

Musk's logic is straightforward: "This gold belongs to the American people. Why shouldn't we verify if it's still there?"

Interestingly, Australia recently discovered fake gold at the Bank of England, which has led to doubts about the reliability of gold stored around the world. Plus, with gold prices hitting new highs (Goldman Sachs predicts $3,100 per ounce by the end of the year), transparency has become a hot topic.

Some even compare this to Bitcoin, saying digital assets at least have transparent ledgers, making them much more transparent than traditional gold.