Correction — it is claimed that Fort Knox has $130 billion in gold. Since there have been no audits of its gold in a very long time, and since both R and D administration seem uninterested in starting one, we simply have to rely on the government not lying to us if we wish to believe this number. Which, as we all know, is not guaranteed.
Oh, I don’t have some theory I’m pushing. I wouldn’t be surprised if the gold were all or mostly there. But in my experience, if you don’t audit your stock for a long time, when you do there will be some serious surprises…