Trump gonna steal gold now.
Even putting aside the more outlandish (not “implausible”, just outlandish) theories about what Trump might be up to here, this is an objectively insane thing for an American president to say. He just announced to the world that ~$700bn of the US cash reserves are stored in a location that is not secure enough to prevent theft. At a time when the US debt to GDP is already skyrocketing and foreign lenders are getting increasingly concerned about America’s ability to make good on their debts. Is he trying to engineer a bond market crisis? Because this is the sort of thing you’d do if you were.
Imagine if you were trying to take down the US. All you would need to do is whisper the right things in his ear. But I’m sure that’s not what’s happening.
Imagine if you were trying to take down the US, and you decided to do anything at all differently from what he has done. The shame of the inefficiency would be too much.
Imagine if you’d raped a bunch of children and you were running out of ways to distract the world from the distractions you’d already tried. Crashing the whole world economy makes sense in the “if I can’t have it, nobody can” toddler brain that he’s working with at this point.
He does this all the time
He sells a bunch of stuff, crashes the market, then he buys a bunch of it back super cheap. Then, he announces something that makes the price stabilize, and he sells. Repeat.
It’s how he used the presidency to jump from millionaire to billionaire
Not to forget about the crypto scams, presidential merchandise, obvious corruption, polymarket bullshit… to name only a handful.
Bribes. Don’t forget the straight up BRIBES.
Fort Knox
Looks inside
„I O U $700bn“Not just US Bullion, other countries store their bullion there too. I believe France already removed it’s holdings or was in the process of
IIRC they sold it in situ and bought gold at home from the proceeds, so that they didn’t have to call the US bluff.
Thanks for the clarification. I hadn’t followed up on whether it was in progress or not. Much appreciated
Yeah my source is a Lemmy comment so take that as you will
It’s not about theft but “creative” accounting to multiply the reserves on paper. This should never be done on the gold reserves, but history have seen bigger scams than that.
They
Any time he says “People are saying,” … it’s him. He thinks he’s people.
Seriously, every accusation is a confession with these people. He’s hoping they give him some gold to take home as a souvenir.
He’s hoping they give him some gold to take home as a souvenir.
He already thinks that it’s all his, and he’ll want it all.
He wants to know how much he can steal, or/and use to gild everything he’s going to remodel at mar a lago and the White House.
(((They)))
He’s looking for any excuse to get in there so he can walk out with some of the gold.
Fuck knows what he’ll do with it, given his obsession with that precious metal. Shave bits off and put it on his hamberders; melt it and create a gold crown with built-in toupee; create yet another fucking statue to himself or another gold toilet to shit in; store it in his Mar A Lago bathroom like it’s some sort of classified info; use it for his stupid ball room; jizz all over it.
A golden crown, you say?
Anyone who’s ever seen molten gold knows that this is an incredibly bad representation. It glows bright yellow/orange. It doesn’t look like the gold paint they’re pouring here.
Not the point 🥲
This was probably an artistic choice to make it look like gold rather than any molten metal to the average watcher.
What is that from?
Game of Thrones
Considering that the average gold bar used by banks is around 12kg, he’s going to need someone to help him to carry those out.
Hey, maybe he’s finally found a use for Eric!
To be fair I want to see someone steal gold bars. I think it would be hilarious to see someone trying to drag a bag with ten bars in it, torn between not wanting to leave any of it behind and not being able to get the bag to move.
Yes, but if he can get in he might be able to just DOGE it.
No, he will follow the pattern of buying calls on gold beforehand, then detonating a nuke in Ft. Knox so the gold supply is irradiated, making the value of his gold skyrocket.
This was in a movie once. I think it was called “The President That Couldn’t Slow Down”
That ballroom isn’t going to tacky itself up.
He’ll want to hold an event at Mar-a-lago with a giant stack of gold. Then the stack disappears. The Supreme Court then says that since he stole it as the president it is legal.
I hope he drinks it.
“Well, looks like “they” stole it. Such a shame. Nothing else to see here.” -Trump
Why would Joe Biden & Barack HUSSEIN Obama do this?
Treasury Secretary Steve Mnuchin and Senate Majority Leader Mitch McConnell visited in August 2017 during Trump’s first term.
There was also a bunch of chatter about Musk visiting about a year ago, but that never happened.
So we’re just in a loop of making shit up.
Sure, technically it’s been ~9 years since someone in the Trump administration has publicly been there, but Trump’s current Treasury Secretary Scott Bessent also agrees that all the money is there and regularly audited.
I know we all know it’s bullshit, but I wanted to add some facts to the conversation.
(And yes, there is some irony in the source of the facts being Trump’s various Treasury Secretaries.)
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they steal a lot
(In a singing commercial jingle voice) Every accusation is a confeeeeeeeesion
Trump is a thief so he thinks that everyone is a thief. Plus, I think trump did away with that Fort Knox gold a while ago so I look forward to his “surprised” face, to judge his acting skills.
That gold hasn’t been there since the 70s at least. We moved it all to a less well known location. Trump wasn’t involved, or else he would have stolen it all.
You mean his smirk when the “assassin” ran around outside the ballroom?
I called this out during the DOGE days. Elon was tweeting about it, and I was like watch, they’re gonna “audit” it and find it’s magically all gone
Trump: i swear it was empty when i opened the door!
All that gold sitting around without a ballroom, anything could happen!
"We have found hundreds of billions of dollars of fraud so far, and we’ve just started,” Trump said
He meant to say “We have done hundreds of billions of dollars of fraud so far”
Another sympom of a rotten brain.
From what I understand, Fort Knox having gold is just used to distract from it really being underneath a building in a secure complex in New York. If it has some it’s miniscule to what was there in say the 1950s.
Your understanding is correct.
Fort Knox holds about 4.6 thousand metric tons; the Federal Reserve in NY has about 6 thousand.
You can take a tour if you’re there. They put the gold in the basement, directly on the bedrock because it’s too expensive to build floors strong enough to hold it. You go down a security elevator and end up in a trap with the most intense locking mechanism you will ever encounter.
That said, the vast majority of what the Fed does, isn’t in gold. Their daily cash transactions dwarf the total amount of physical gold
This is correct. We don’t store the US’s gold there. We do store some valuable stuff like the crown jewels of either Denmark or the Netherlands there, but theft from Fort Knox would be all but impossible. I’m not gonna say that Ethan Hunt couldn’t do it, but knowing what the security system entails there, it would take an Ethan Hunt, or Jason Borne, to pull it off.
Just a regular Monday for Nicolas Cage.
Takes a thief to recognize game
