Bessent confirmed the value of gold held at Fort Knox, linking it to Iran's use of gold outside the dollar system.
1 report, 1 independent
Updated Aug 25
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What happened
Bessent confirmed the value of gold held at Fort Knox, linking it to Iran's use of gold outside the dollar system.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Scott Bessent
United States Secretary of the Treasury
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Fort Knox
United States Army post in Kentucky, United States
Related events
- European institutions are moving gold out of US soil, specifically from Fort Knox.
- Ron Paul questioned the transparency of gold holdings following recent actions taken by the Treasury regarding market expectations.
- The Treasury launched an economic onslaught against Iran, while Treasury bond buybacks ignited liquidity hopes for Bitcoin and gold.
- Rand Paul and Steven Mnuchin discussed gold reserves at Fort Knox and contrasted gold holdings with fiat currency policy.
- Scott Bessent spoke on behalf of the U.S. Treasury regarding Iran, while the Iranian regime continues to utilize the IRGC for political control.