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Elon Musk's Dogecoin Army Joins Rand Paul's Gold Reserve Audit Crusade

Coin WorldSunday, Feb 16, 2025 1:32 pm ET
1min read

Senator Rand Paul has called for an audit of the U.S. gold reserves stored at Fort Knox, urging Elon Musk's Dogecoin (DOGE) community to support the initiative. The Kentucky senator, known for his libertarian views, has been a vocal critic of the Federal Reserve's monetary policy and has long advocated for a return to the gold standard.

The U.S. government has not conducted a full audit of its gold reserves since the 1950s, and Senator Paul believes that an audit is necessary to ensure the integrity of the U.S. dollar and the stability of the global financial system. In a tweet, he wrote, "I urge @elonmusk and the @Dogecoin community to support an audit of our gold reserves at Fort Knox. We need transparency and accountability in our monetary system."

Elon Musk, the CEO of SpaceX and Tesla, has been a vocal supporter of cryptocurrencies, including Dogecoin. In the past, he has used his influence to promote the adoption of cryptocurrencies and has even accepted Dogecoin as payment for SpaceX merchandise. However, it remains to be seen whether he will support Senator Paul's call for an audit of the U.S. gold reserves.

The Dogecoin community has been active in supporting various causes, including charity and social issues. In the past, the community has raised funds for causes such as the Jamaican bobsled team, the water crisis in India, and the construction of a well in Africa. If the Dogecoin community were to support Senator Paul's call for an audit, it could potentially bring significant attention to the issue and put pressure on the U.S. government to act.

The potential impact of an audit on the U.S. dollar and the global financial system is significant. If the audit were to reveal that the U.S. government does not have enough gold to back its currency, it could lead to a loss of confidence in the dollar and potentially trigger a global financial crisis. On the other hand, if the audit were to confirm that the U.S. government has enough gold to back its currency, it could help to restore confidence in the dollar and strengthen the U.S. economy.

In conclusion, Senator Rand Paul's call for an audit of the U.S. gold reserves at Fort Knox has the potential to bring significant attention to the issue of transparency and accountability in the U.S. monetary

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02/16

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Luka77GOATic
02/16
@clefjames How long have you been working with Elizabeth Towles, and what specific strategies has she advised you on?
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Ok-Swimmer-2634
02/16
$RIVN Ford is losing less money than Rivian when it comes to selling electric vehicles and you think this one is worth more! Tesla is the only other company that can compete with Rivian in terms of volume, even if having one is like owning a Corolla now. Rivian could benefit from tariffs on luxury cars made in America, but even Cadillac is outselling the R1S (yes, I know the Lyric is smaller). I'm just saying Rivian has to work much harder to compete
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Medical-Truth-3248
02/16
$TSLA Making America great? Number of federal workers lost since Jan 20, 2025. 🧵 US Forest Service: 3,400 USDA: 2,400 Interior Dept: 2,300 Energy Dept: 2,000 Health & Human Services: 1,300 National Park Service: 1,000 VA: 1,000+ Land Management: 800 SBA: 720 Homeland Security: 400 Bonneville Power: 400 EPA: 388 FEMA: 200 General Services: 100 Consumer Financial Protection Bureau: 100 Energy Dept (Education): 60 US Citizenship and Immigration Services: 50 Office of Personnel Management: 30 Immigration Judges: 20
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DeFi_Ry
02/16
$TSLA amazing product Musk is doing great 😔
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johnnyko55555
02/16
@DeFi_Ry How long you been holding TSLA? You think it's still a good entry point?
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Excellent_Chest_5896
02/16
Dogecoin mob backing a gold reserve audit? If they dig up dirt, could shake the monetary system. 📉🔍
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Electrical_Green_258
02/16
@Excellent_Chest_5896 What if it boosts Bitcoin?
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Buffet_fromTemu
02/16
Musk's DOGE army could shake up gold market.
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Zurkarak
02/16
I'm all in for more crypto and gold mix. Diversify, folks. $TSLA and $AAPL won't save you in a fiat crash.
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FTCommoner
02/16
@Zurkarak How long you been holding TSLA and AAPL? Curious if you got any specific targets in mind for when the fiat hits the fan.
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MrJSSmyth
02/16
I'm all for audits, but a full gold standard return? Might be too extreme. What's your take? 🤔
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ghostboo77
02/16
@MrJSSmyth Rebut: Gold standard's not that extreme, it's sound money.
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provoko
02/16
@MrJSSmyth Chat: Yeah, audits are cool, but full gold standard might be too rigid, you know?
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ContentSort1597
02/16
Fort Knox audit sounds like a meme stock rally waiting to happen. Watch for gold and crypto correlations. 🤑
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skarupp
02/16
@ContentSort1597 Think gold will moon?
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SussyAltUser
02/16
Elon's DOGE army joining forces with Rand Paul? 🚀🤔 Could be a wild ride for gold bugs and crypto nerds alike.
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Repa24
02/16
Musk's influence + DOGE community = serious clout. If they push for gold transparency, we might see real market moves.
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rareinvoices
02/16
Elon's DOGE army could shake things up if they rally behind Paul. Might be worth watching for some serious meme power.
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MustiXV
02/16
Fort Knox better be ready for this
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Throwaway420_69____
02/16
@MustiXV Good.
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Hungry-Bee-8340
02/16
Gold audit sounds like a wild goose chase, but transparency never hurts. Who's in for some gold bugs action?
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SnowySalesman
02/16
@Hungry-Bee-8340 Sure, transparency's cool.
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GnosticSon
02/16
Gold audit? Might reveal some hidden gems.
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crentony
02/16
@GnosticSon Digging for gold in Fort Knox? Better watch out for doge miners.
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Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.
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