{"id":13500,"date":"2025-02-17T14:47:47","date_gmt":"2025-02-17T14:47:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=13500"},"modified":"2025-02-17T14:47:47","modified_gmt":"2025-02-17T14:47:47","slug":"will-auditing-fort-knoxs-gold-reserve-pump-bitcoin-price-to-over-500000","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=13500","title":{"rendered":"Will Auditing Fort Knox\u2019s Gold Reserve Pump Bitcoin Price to Over $500,000?"},"content":{"rendered":"<div>\n<p>Fort Knox gold reserve audit will likely drive Bitcoin price to over $500,000. Massive shipment of the yellow metal from London to New York?<\/p>\n<p><span data-preserver-spaces=\"true\">Gold <\/span><span data-preserver-spaces=\"true\">is widely regarded<\/span><span data-preserver-spaces=\"true\"> as \u201creal\u201d money and a perfect store of value<\/span><span data-preserver-spaces=\"true\">\u00a0for hedging against inflation.<\/span><span data-preserver-spaces=\"true\"> Before the Bretton Woods Agreement, every fiat currency <\/span><span data-preserver-spaces=\"true\">was backed<\/span><span data-preserver-spaces=\"true\"> by gold and could <\/span><span data-preserver-spaces=\"true\">be redeemed<\/span><span data-preserver-spaces=\"true\"> for gold at any time. That was then; things changed after 1971.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Now, over 50 years after the last successful audit, there are growing calls for the Department of Government Efficiency (DOGE), a task force created by the Donald Trump administration to streamline government efficiency and reduce costs, to <a class=\"general-link\" href=\"https:\/\/nypost.com\/2025\/02\/16\/us-news\/elon-musk-wants-to-crack-open-fort-knox-and-audit-the-gold-reserves\/\" target=\"_blank\" rel=\"noopener nofollow\">audit gold reserves<\/a> held at Fort Knox.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Audit Gold Reserves At Fort Knox<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The United States government has long claimed to hold<\/span><span data-preserver-spaces=\"true\">\u00a0nearly 5,000 tons of gold at Fort Knox. However, after over five decades without an audit, there is ample room for speculation and even conspiracy theories about the <\/span><span data-preserver-spaces=\"true\">true<\/span><span data-preserver-spaces=\"true\"> status of America\u2019s gold holdings. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Concerns from whistleblowers suggest that a significant portion of the initial gold may be missing and that the <\/span><span data-preserver-spaces=\"true\">true<\/span><span data-preserver-spaces=\"true\"> reserve could be far less than initially thought.<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"Ron Paul - Is There Really Any Gold in Fort Knox?\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/ZznsCxeAMpY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span data-preserver-spaces=\"true\">For this reason, many users on X want DOGE to step in and conduct a full-scale, independent audit. In reply to a post on X, Elon Musk, who heads DOGE, <\/span><a class=\"general-link\" href=\"https:\/\/x.com\/elonmusk\/status\/1890869046096060559\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">asked<\/span><\/a><span data-preserver-spaces=\"true\"> whether <\/span><span data-preserver-spaces=\"true\">reviews were done <\/span><span data-preserver-spaces=\"true\">yearly<\/span><span data-preserver-spaces=\"true\">. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Ron Paul confirmed that <\/span><span data-preserver-spaces=\"true\">audits weren\u2019t done every year<\/span><span data-preserver-spaces=\"true\">. Ron Paul has also been calling for a full audit of the <a class=\"general-link\" title=\"Trump Blames Federal Reserve Jerome Powell Speech After FOMC Meeting 2025\" href=\"https:\/\/99bitcoins.com\/news\/trump-blames-federal-reserve-jerome-powell-speech-after-fomc-meeting-2025\/\" rel=\"\">Federal Reserve<\/a> without success. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Interestingly, the response on X coincided with a dip in gold prices, which have been <\/span><span data-preserver-spaces=\"true\">downward<\/span><span data-preserver-spaces=\"true\"> since President Trump won the election in November 2024.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Will Bitcoin Price Spike To $500,000?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">On X, observers <\/span><span data-preserver-spaces=\"true\">are convinced<\/span><span data-preserver-spaces=\"true\"> that a potential audit of the United States\u2019 gold reserves could have profound implications for Bitcoin, often called the digital version of gold. <\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Here\u2019s what\u2019s going to happen: <\/p>\n<p>1. Elon pushes Trump to audit Fort Knox.<br \/>2. Audit reveals there is less than 500 tons of gold.<br \/>3. Trump realizes China and Russia have way more gold than the U.S., but very little Bitcoin.<br \/>4. Trump issues EO for Strategic Bitcoin Reserve, citing\u2026 <a href=\"https:\/\/t.co\/hQrAk7vMj1\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/hQrAk7vMj1<\/a><\/p>\n<p>\u2014 Walker<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/26a1.png\" alt=\"\u26a1\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> (@WalkerAmerica) <a href=\"https:\/\/twitter.com\/WalkerAmerica\/status\/1891165097642307629?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">February 16, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-preserver-spaces=\"true\">If Musk pressures the president to audit Fort Knox and the audit reveals that the government holds fewer bars than reported, the findings could trigger a financial crisis.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">With this new information and the United States realizing that other world powers like China and Russia hold more gold, Trump might <\/span><span data-preserver-spaces=\"true\">choose to<\/span><span data-preserver-spaces=\"true\"> pivot towards Bitcoin. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In that case, the crypto task force could approve the creation of a strategic Bitcoin reserve, citing national security, allowing the federal government to buy BTC to keep up.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">What would happen next is that gold prices would tank while BTC prices soar as other nations follow suit. The sequence of events could easily see Bitcoin more than 5X, soaring to over $500,000.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full\" src=\"https:\/\/www.tradingview.com\/x\/leJBvsiw\/\" width=\"1499\" height=\"859\"><\/p>\n<p>(<a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSDT\/\" target=\"_blank\" rel=\"noopener nofollow\">BTCUSDT<\/a>)<\/p>\n<h2><span data-preserver-spaces=\"true\">Gold Drops Amid Massive Withdrawal Requests<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Overall, there is no discounting the possibility of Fort Knox <\/span><span data-preserver-spaces=\"true\">being audited<\/span><span data-preserver-spaces=\"true\"> and the United States discovering it has less gold in its reserves after 50 years. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The push for this audit comes at a time when cracks are beginning to form in gold prices. The yellow metal is down 2% from around $2,950 all-time highs printed last week.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full\" src=\"https:\/\/www.tradingview.com\/x\/spiCG3PO\/\" width=\"1499\" height=\"859\"><\/p>\n<p>(<a class=\"general-link\" href=\"https:\/\/www.tradingview.com\/symbols\/GOLD\/ideas\/\" target=\"_blank\" rel=\"noopener nofollow\">Gold CFDs<\/a>)<\/p>\n<p><span data-preserver-spaces=\"true\">Recent reports <\/span><a class=\"general-link\" href=\"https:\/\/www.independent.co.uk\/news\/world\/americas\/us-politics\/jpmorgan-gold-banks-trump-tariffs-london-new-york-b2698797.html\" target=\"_blank\" rel=\"noopener nofollow\"><span data-preserver-spaces=\"true\">reveal<\/span><\/a><span data-preserver-spaces=\"true\"> that the Bank of England is facing a possible \u201cgold run\u201d due to fears of Trump starting a trade war. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Since November, withdrawal requests have spiked, and the central bank reportedly struggles<\/span><span data-preserver-spaces=\"true\">\u00a0to keep up with demands.<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"Gold Shortage: The Crisis in London &amp; New York!\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/lrlY-wATnBg?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span data-preserver-spaces=\"true\">Observers also report that gold is being moved from London to New York as traders look to book higher profits, arbitraging at COMEX.<\/span><\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/analysis\/top-crypto-trends-for-bull-run\/\" target=\"_blank\" rel=\"noopener\">Crypto Trends For Bullrun \u2013 January 2025<\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h3 class=\"nnbtc-key-takeaways__title\">Fort Knox Gold Audit: Trigger For Bitcoin to Hit $500,000?<\/h3>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        People want United States government to audit gold reserves at Fort Knox     <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         Will audit findings reveal shortage and squeeze to over $500,000 for Bitcoin?     <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n         Gold bars moving from London to New York where prices are higher     <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/will-auditing-fort-knoxs-gold-reserve-pump-bitcoin-price-to-over-500000\/\">Will Auditing Fort Knox\u2019s Gold Reserve Pump Bitcoin Price to Over $500,000?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Fort Knox gold reserve audit will likely drive Bitcoin price to over $500,000. Massive shipment of the yellow metal from London to New York? Gold is widely regarded as \u201creal\u201d money and a perfect store of value\u00a0for hedging against inflation. Before the Bretton Woods Agreement, every fiat currency was backed by gold and could be [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-13500","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13500"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13500\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}