Speculation is heating up over whether the U.S. gold reserves at Fort Knox will finally be audited—and Polymarket traders are putting money on it. The crypto-based prediction market platform launched bets on February 17. This has allowed users to wager on whether Elon Musk’s Department of Government Efficiency (DOGE) will push for an audit by May 2025, according to Cointelegraph.
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At the time of writing, the odds stand at 56%. This shows doubt on whether this long-standing mystery will finally get clarity. Calls for an audit intensified after Kentucky Senator Rand Paul demanded an investigation, with conservative commentator Glenn Beck urging Donald Trump to “restore full faith and credit” by opening Fort Knox’s doors to cameras, as reported by CoinTelegraph.
Musk’s DOGE Puts SEC in Its Crosshairs
While Musk’s DOGE pushes for government transparency, its latest target is the U.S. Securities and Exchange Commission (SEC). According to Politico, Musk’s team is “at the gates” of the SEC, expanding its cost-cutting mission. DOGE even created a dedicated SEC page, asking the public to report “waste, fraud, and abuse” at the agency.
The coming months could bring high-stakes drama in both gold markets and crypto regulation; therefore, it is very important for investors to monitor their favorite cryptocurrencies on TipRanks. Click on the image below to find out more.
