SecurityFortuneabout 2 hours ago
Bessent: $1 trillion in gold irrelevant to dollar
5 min read
Treasury Secretary Scott Bessent confirmed all gold at Fort Knox is present and accounted for, valued at over $1 trillion at current market prices. Bessent stated the gold is inconsequential to the dollar's value today, as the U.S. moved to fiat currency in the 1970s.
Level
Hype check
Tap to vote and see what everyone thinks.
