Musk And DOGE May Audit Fort Knox As Rand Paul Questions Gold Supply

Sen. Rand Paul is renewing efforts to verify the US gold reserves at Fort Knox, encouraging Elon Musk’s Department of Government Efficiency (DOGE) to investigate whether the reported 4,580 tons of gold are still in place. Paul’s call for an audit follows an exchange on X, where Musk questioned why the facility is not reviewed annually.

Fort Knox, located in Kentucky, holds an estimated $425 billion in gold, making up more than half of the nation’s total reserves. However, the last widely recognized audit occurred in 1974 when lawmakers and journalists were given a rare glimpse inside. In 2017, then-Treasury Secretary Steven Mnuchin toured the facility, but little information was released from his visit.

Paul’s father, former Rep. Ron Paul, made similar efforts in 2010 to have the gold reserves audited, but his proposal failed to gain traction. Now, with Musk leading DOGE’s aggressive push for government accountability, the prospect of a renewed investigation is gaining attention.

DOGE has already played a key role in uncovering government waste, shutting down wasteful programs and recovering misallocated funds. If allowed to audit Fort Knox, it could answer long-standing questions about the security of the US gold supply.

The gold depository is protected by the US Mint Police, and access is highly restricted. However, public interest in a review is growing, and Paul’s call for an investigation has reignited debates about financial transparency in Washington.

Whether Musk and DOGE will be granted access to the vault remains uncertain, but the push for answers is gaining traction as scrutiny over government spending continues to rise.