Despite assurances made last week by Treasury Secretary Scott Bessent that all of the U.S. gold reserves kept at the Fort Knox military installation are “present and accounted for,” President Trump continues to insist that he and Elon Musk will soon travel to Kentucky to make sure the gold bars haven’t been stolen.

Recent public statements from Donald Trump and Elon Musk question whether the gold stored at Fort Knox is actually there. It almost certainly is. Here's a rundown of the history of the gold is gone conspiracy theories and how we know we actually have gold at Fort Knox.

No, President Donald Trump is not actually going to Fort Knox to make sure the gold is safely stockpiled there. It’s regularly audited, and the numbers are publicly reported down to the last troy ounce. There’s no reason he couldn’t send a trusted aide on that mission.