Fort Knox gold audit
Officials talked about an audit all spring. The rules needed one to start.
The title said
Will DOGE audit Fort Knox before May?
The rules said
Yes required DOGE to initiate an audit of the Fort Knox gold by 30 April 2025. The rules were generous about the form: any physical or in-person investigation would qualify. They were not generous about talk.
What happened
Trump told reporters on 19 February 2025 that they were going into Fort Knox to make sure the gold was there. Musk offered to livestream a walkthrough. Neither happened, no audit was begun, and the market resolved No. A separate market on whether gold was missing from Fort Knox, which traded about $3.5m, also resolved No.
The lesson
An announcement is not an act. If the rules name an act, price the act.
What our card would have shown
- R2Rules don't say what counts as done
Sources
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