Trump Revisits Treasury Inspection, Reassess Gold or Reshaping the 'Ultimate Nuclear Weapon' of US Dollar Credit under the US Debt Crisis According to Golden Finance, on May 12th, US President Trump reiterated in an interview on May 10th his desire to visit the Fort Knox vault in Kentucky to confirm if there is still gold in the vault. Trump had previously publicly expressed doubts that "certain people" may have stolen gold. At present, neither the White House nor Fort Knox have responded to Trump's remarks, and it is unclear whether a visit will be arranged. It is reported that the Fort Knox Treasury was built in 1936 and holds approximately 147 million ounces of gold, accounting for 56% of the official gold reserves in the United States. The Federal Reserve Board of Governors released a research brief titled "Official Reserve Revaluations: The International Experience" in August 2025, exploring how governments can generate disposable cash by revaluing gold on accounting books at "market prices" without actually selling gold. The report clearly compares the recorded value of 261.5 million ounces of gold held by the US Treasury Department to the statutory price of $42.22 per ounce determined in 1973 (totaling approximately $11 billion). If calculated at the current gold price (approximately $4700 per ounce), the revaluation of the total reserves of 261.5 million ounces in the United States would generate an accounting surplus of over $1.2 trillion, which is seen as the "ultimate nuclear weapon" for reshaping US dollar credit in the context of the US debt crisis. Many macro strategic analysts in the United States have long advocated this view: they believe that revaluation of gold is the last resort for the United States to instantly reduce its debt ratio and inject liquidity into the system through accounting methods when facing unsustainable debt pressures. In 2025, US Treasury Secretary Vincent publicly mentioned the need to "mobilize the asset side of the US balance sheet," although he subsequently became cautious about an immediate reassessment of gold, this was seen by the market as a signal of policy shift. (Dongxin Society)