Trump’s talking about auditing Fort Knox. It might be a $750 billion maneuver. - MarketWatch
1. Trump repeatedly mentioned visiting Fort Knox to check on the gold reserves. He emphasized the importance of the legendary location. 2. Treasury confirms annual audits assure all gold is present and accounted for. This backs the security of gold holdings. 3. A separate audit might trigger a dramatic revaluation of gold holdings. It could instantly add hundreds of billions in value. 4. Revaluation could help postpone raising the debt ceiling through Treasury maneuvers. Historical precedents suggest this could occur again.