Discussion on US Currency and Gold Reserves

It wasn't exactly an even trade,

but for President Trump, it was pretty even. He usually comes out on top.

Not usually. Always. Always. Always. What are we looking at here?

These look exquisite.

Yeah, so these are the

displays of our currency over the years.

Some of it, we used to have silver certificates.

We used to be backed by silver, sometimes gold, and then in the 70s,

we just went to what was called fiat currency,

where you didn't have to keep gold or silver in the vault.

If any of these are still outstanding, though, the silver or gold for them is

at Fort Knox, waiting for them to be claimed, if so needed.

Have you visited Fort Knox? I haven't. I haven't. People on my staff has.

We're going to the treasurer's office.

The treasurer has been to Fort Knox, and I am happy to say all gold

is present and accounted for. The U S.

has the largest pile of gold in the world,

over a trillion dollars at current market value.

And we're getting more gold from Venezuela.

End of transcript · 184 words

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