Ron Paul says 'people ought to own the gold, not the government', doubts the accounting at Fort Knox is 'trustworthy'

Former U.S. Representative Ron Paul is advocating for Americans to shift their investments from cash to gold coins. During an interview with Kitco News, Paul criticized the handling of the bond crisis by Treasury Secretary Scott Bessent, suggesting that people should stock up on gold as soon as possible. Paul also expressed doubts about the reliability of the accounting at Fort Knox, the U.S. government's gold depository.

He stated that he doesn't believe anyone truly knows the extent of the gold reserves there, citing inconsistencies in the way the government accounts for these assets.