Treasury Secretary Scott Bessent Confirms Gold Reserves Intact Amid Speculation
U.S. Treasury Secretary Scott Bessent confirmed that all U.S. gold reserves are present at Fort Knox during a Fox News interview, addressing long-standing speculation about their existence. He also noted the shift from commodity-backed currency to fiat money in the 1970s and mentioned ongoing receipt of gold from Venezuela.
Topics: fiat currency Fort Knox gold reserves gold holdings U.S. Treasury