US Treasury Secretary Scott Bessent suggested that in the next 12 months the Treasury will revalue its Gold inventory & monetize the asset side of the US balance sheet. Currently, the value of US gold reserves in the national account is priced at only $42.22 per ounce, established in 1973. If priced at the current value $2,900 per ounce, this would also cause Gold prices to soar along with other assets such as $Bitcoin (BTC.CC) that may be re-monetised at a later date.
MonMon OctOctOctOct 2018
08:55
