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Elon Musk has proposed a livestream of Fort Knox to allow the American public to see the gold reserves, which he believes belong to them. He expressed excitement about the idea, especially amid ongoing speculation about the status of the gold, which is reported to be securely stored and accounted for by the U.S. Treasury. Musk's comments come as both he and former President Trump have called for confirmation of the gold's presence, amidst conspiracy theories surrounding the depository.
Berkshire Hathaway's investment model is inspiring firms like KKR, Brookfield, and Pershing Square to adopt similar long-term strategies, particularly through insurance-backed capital. At the Bloomberg Invest conference, executives discussed expanding into private markets and the impact of tariffs on economic stability, with contrasting views on the future of private investments. Concerns were raised about the potential risks of current trade policies undermining the global economic framework established post-World War II.
Ron Paul and his son, Rand Paul, have raised concerns about the transparency of U.S. gold reserves at Fort Knox, advocating for audits amid suspicions that the government may not possess all the gold it claims. Elon Musk has expressed support for these calls, highlighting a broader discourse on government transparency and conspiracy theories surrounding the gold's security. Despite past assurances from officials and limited access to the vault, rumors persist about the gold's whereabouts, fueled by historical allegations and cultural references.
Elon Musk has called for a gold audit at Fort Knox, the U.S. military base known for holding over 147 million ounces of gold, amid long-standing conspiracy theories about missing reserves. His comments, supported by Sen. Rand Paul, highlight the absence of audits since 1974, raising public concerns about the gold's status. Access to Fort Knox is highly restricted, and while there is no evidence of missing gold, the last tour occurred in 2017.
Elon Musk's Department of Government Efficiency (DOGE) is facing calls from social media users and lawmakers to conduct a comprehensive inspection of Fort Knox, where about half of the U.S. gold reserves are stored. The last full review occurred in the 1950s, raising concerns about the accuracy of reported gold holdings, which could impact global gold markets. Experts suggest that an inspection could reveal discrepancies in purity and dimensions of the gold, potentially shaking public confidence in government claims.
Elon Musk is advocating for an audit of the U.S. gold reserve at Fort Knox, prompted by Sen. Rand Paul's call for increased transparency regarding the nation's vast gold holdings, valued at $425 billion. Paul has sought access to verify the reserve for a decade, emphasizing the importance of gold in maintaining trust in the dollar. Despite past visits by officials, critics argue that the lack of regular audits raises concerns about the reserve's integrity.
Elon Musk has been encouraged by Senator Rand Paul to audit the gold reserves at Fort Knox, estimated to be worth $425 billion. This call for transparency comes amid ongoing conspiracy theories about the vault's contents, which have not undergone a comprehensive audit in decades. Fort Knox, heavily fortified and historically significant, holds about 147.3 million ounces of gold, yet its relevance has diminished since the U.S. abandoned the gold standard in 1971.
The race to acquire TikTok intensifies as ByteDance faces a mandated sale to a US buyer or a ban. Notable contenders include YouTuber MrBeast, billionaire Frank McCourt with "The People's Bid," and tech moguls like Elon Musk and Larry Ellison, while other potential buyers include Steven Mnuchin and Bobby Kotick. The urgency grows as the deadline approaches, with various proposals emerging to reshape the platform's future.
Donald Trump’s recent appointment of David Sacks as the “AI and crypto czar” signals a shift towards less regulation and increased innovation in technology and cryptocurrency. This move, influenced by tech leaders like Elon Musk, aims to provide clarity for the crypto industry and foster advancements across various tech sectors. Observers anticipate a more crypto-friendly environment in Trump’s second term, potentially revitalizing venture capital investments.
A federal appeals court upheld the PAFACA Act, allowing for a potential TikTok ban in the U.S. due to national security concerns. TikTok's lawsuit claimed the law infringes on free speech, but the court ruled it does not suppress content, leaving the app's future uncertain as it may appeal to the Supreme Court. The Biden administration could extend the deadline, placing the decision in the hands of President-elect Trump.
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