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Grok Q&A

By: De_Composed in GRITZ | Recommend this post (0)
Sun, 23 Feb 25 3:45 PM | 7 view(s)
Boardmark this board | Grits Breakfast of Champeens! 		Msg. 04539 of 04546
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Grok 3 AI answers tough questions:


What would happen if there’s no gold at Fort Knox?

If there’s no gold at Fort Knox, the implications would depend on why it’s gone and how that reality plays out. Fort Knox, officially the United States Bullion Depository, holds a significant portion of the U.S. government’s gold reserves—about 147 million troy ounces as last reported, worth roughly $350 billion at today’s prices. It’s not the entirety of U.S. gold (the Federal Reserve Bank of New York holds more), but it’s a big chunk and a symbol of economic stability.

If the gold vanished due to theft or secret depletion, the immediate effect would be a crisis of confidence. The U.S. dollar isn’t backed by gold anymore—hasn’t been since the Nixon administration ditched the gold standard in 1971—but the reserves still signal financial credibility to markets and foreign governments. No gold could spark panic, rumors of insolvency, or conspiracy theories, potentially tanking the dollar’s value as investors flee to other assets like cryptocurrencies or rival currencies. Think inflation spikes, stock market chaos, and a hit to U.S. global leverage.

Economically, though, the absence wouldn’t directly cripple the government’s ability to function. The U.S. economy runs on fiat currency, backed by faith in the system, not bullion. The Treasury could keep printing money, and the Fed could manage interest rates—gold or no gold. But if the disappearance was public knowledge, the psychological blow might trigger a self-fulfilling collapse: people stop trusting the system, hoarding goods or dollars, and trade grinds down.

On the flip side, if the gold’s been quietly sold off or moved (say, to settle debts or fund black projects), and nobody knows, the practical impact might be zilch—until someone audits the vaults. The last full audit was in 1953, with partial checks since, so skepticism already simmers in some circles. A confirmed empty vault would fuel those flames into a bonfire.

Geopolitically, adversaries like China or Russia might pounce, questioning U.S. power or pushing their own gold-backed systems. Allies could waver too, rethinking reliance on a seemingly shaky dollar.

Realistically, the gold’s probably still there—security’s insane, with 30,000 troops nearby at Fort Campbell and layers of tech and manpower guarding it. But if it’s not, the fallout hinges on whether the truth stays buried or breaks loose. Either way, the actual metal matters less than what people believe about it.

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