This week, speculation about Fort Knox's gold reserves reached a new high, as gold emerged as the best-performing 'Trump trade'.
As seen at Holland Gold
This week, speculation about Fort Knox's gold reserves reached a new high, as gold emerged as the best-performing 'Trump trade'.
At the same time, China appears to be selling off US Treasuries en masse and European equities have significantly outperformed their US counterparts since Trump's inauguration. Read on!
You may remember Fort Knox from the iconic Bond film Goldfinger. In this 1964 classic, Sean Connery as 007 is tasked with stopping the villain Auric Goldfinger.
Goldfinger plans to make Fort Knox's gold supply radioactive with an atomic bomb, causing the value of his own gold holdings to skyrocket.
According to US Mint, there are 147.3 million ounces of gold in Fort Knox, which is more than 4,580 tons. This amounts to more than half of the US gold reserves with a current value of approximately $425 billion. But is the gold really there?
Auteur: Yael Potjer
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