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Celerity

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66. I have seen all sorts of claims on the internet over the years, but the way I look at it, the entire Knox supply's total

Reply to DENVERPOPS (Reply #64)

Wed Apr 23, 2025, 08:30 PM

Apr 2025

value (at current price) is actually (and this is mind-blowing) LESS than what one person, Musk, was worth on December 18th, 2024. That is when he when he briefly (per Bloomberg's valuation) passed the 500 billion USD mark in terms of his net worth. Forbes pegged him then at (if memory serves) 486 billion USD, in terms of his net worth. The price of gold was far less back then, so Musk was easily worth more than all the gold in Ft Knox at that point. Musk is now worth around 200 billion USD less (give or take 10 billion USD or so) than his all-time high. The Trumpian 2.0 regime has not been kind to Musk, and the berk can blame himself for much of his personal reversals of fortune.

I said all that to put the US dollar amount of the US gold reserves into perspective. It is small beer in the overall financial system's machinations.

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The whole stock market crash and recovery was a ruse to make billions [View all] bif Apr 2025 OP

Yes. But it's not over yet. The unintended consequences continue. Scrivener7 Apr 2025 #1

I agree. Duncanpup Apr 2025 #3

But, hey, pootin is thrilled with kraznov's initiatives SheltieLover Apr 2025 #6

Yes pootie loves his cockholster Krasnov. Duncanpup Apr 2025 #10

Trump has played his cards badly. NCDem47 Apr 2025 #45

Staying out WVlaserguy Apr 2025 #2

I can't cash out Old Crank Apr 2025 #16

Marjorie Traitor Greede said it's all really super-legal like. Kid Berwyn Apr 2025 #4

Not even legal-adjacent, Marge. dchill Apr 2025 #15

Yes it seems quite obvious it was a huge lucrative scam. Irish_Dem Apr 2025 #5

They have done this many times DENVERPOPS Apr 2025 #26

When in power the GOP always backs up their limos to the US treasury. Irish_Dem Apr 2025 #46

If you look at a graph DENVERPOPS Apr 2025 #47

It is all by design. Irish_Dem Apr 2025 #49

This time, DENVERPOPS Apr 2025 #51

Musk and Trump probably have already done it. Irish_Dem Apr 2025 #52

About a month ago DENVERPOPS Apr 2025 #53

Yep. They helped themselves to plenty of souvenirs. Irish_Dem Apr 2025 #54

The way I have it figured is that DENVERPOPS Apr 2025 #55

Jebus God yes I have seen the gold shit storm in the Oval Office. Irish_Dem Apr 2025 #57

Knowing Trump, DENVERPOPS Apr 2025 #58

Yep velvet Elvis paintings right up his ally. Irish_Dem Apr 2025 #59

That is not how Bitcoin works, it is literally impossible to 'commandeer the entire BitCoin and Crypto supply' Celerity Apr 2025 #61

Thank you for the comprehensive DENVERPOPS Apr 2025 #62

The US currently has around 147.3 million ounces of gold stored at Fort Knox in Kentucky. At the current price of $3,328 Celerity Apr 2025 #63

Thx again Celerity DENVERPOPS Apr 2025 #64

I have seen all sorts of claims on the internet over the years, but the way I look at it, the entire Knox supply's total Celerity Apr 2025 #66

Sorry, I Can't Buy That ProfessorGAC Apr 2025 #7

+1. Never ascribe malfeasance when incompetence is one of the top hypotheses. Without specific Bernardo de La Paz Apr 2025 #19

thanks for interjecting a bit of solid reason stopdiggin Apr 2025 #34

Thanks misanthrope Apr 2025 #44

Let's see the post-DOGE jobs numbers & earnings reports. CrispyQ Apr 2025 #32

Nice rose colored glasses you have on there bobalew Apr 2025 #41

Prove It! ProfessorGAC Apr 2025 #43

In my way of thinking it seemed DENVERPOPS Apr 2025 #56

Did you notice DENVERPOPS Apr 2025 #50

And since it is such a good scam Marthe48 Apr 2025 #8

It's comical at this point wolfie001 Apr 2025 #21

Trillions... Largest heist in human history. yourout Apr 2025 #9

What recovery? Prairie Gates Apr 2025 #11

I think we're only halfway back from the losses we suffered after the tariff fiasco Walleye Apr 2025 #28

Yep!! At 10% the *CURRENT tariffs that are still in force are worse than Smoot Hawley uponit7771 Apr 2025 #48

Absolutely GoodRaisin Apr 2025 #12

I looked at the market Coolgoober Apr 2025 #13

He's either an idiot or an evil genius - can't be both GreatGazoo Apr 2025 #14

He's an idiot. Evidence is overwhelming for that explanation and absent for other explanations Bernardo de La Paz Apr 2025 #20

It's circumstantial evidence but evidence all the same Ponietz Apr 2025 #42

I think he's a total fucking idiot bif Apr 2025 #25

he is neither, he is a con.... stillcool Apr 2025 #30

This was a givin. William769 Apr 2025 #17

Yes it is Warpy Apr 2025 #18

Exactly right. "Pump and dump". It even has a name. FadedMullet Apr 2025 #22

There's so much pumping and dumping it's nauseating Walleye Apr 2025 #29

Traitor Iamscrewed Apr 2025 #23

Agree republianmushroom Apr 2025 #24

No. it wasn't. stopdiggin Apr 2025 #27

The only thing he's done in since Jan. 20th stillcool Apr 2025 #31

some of the things done, yes. stopdiggin Apr 2025 #35

what's brilliant about it? stillcool Apr 2025 #37

These more mellow statements are just spin to save Trump's ass. The inevitable tide of tariff recession is coming. Doodley Apr 2025 #33

True it is but there is so much more to come. The markets try to react today based on what they think the twodogsbarking Apr 2025 #36

There's been little recovery. spanone Apr 2025 #38

Yeah, this whole cycle is hardly over Johonny Apr 2025 #65

pity the suckers who sold off last week or the week before. WarGamer Apr 2025 #39

Congressional oversight should launch a major probe into INSIDER TRADING Martin Eden Apr 2025 #40

Yup republianmushroom Apr 2025 #60

Think of the current stock market as a craps game. Old Crank Apr 2025 #67

I'm inclined to agree... I hope if we ever get rid of them they are charged with insider trading etc. Meowmee Apr 2025 #68