How Much Gold Does The United States Government Own?

The United States federal government stores the gold it owns at Fort Knox.

Well, we hope it has gold. Here’s more from The Washington Examiner:

Mnuchin announced Monday, while appearing with McConnell at a Chamber of Commerce event in Louisville, Ky., that he would tour the bullion depository so that he could personally attest that the roughly $200 billion worth of gold there is part of the government’s assets.

The status of the government’s gold at Fort Knox is sometimes the subject of speculation and conspiracy theories. The stores are reviewed by the U.S. Mint, and the Treasury reports that the government has 147 million ounces of gold stored there.

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