Treasury $750B Gold Revaluation Dey Fund Bitcoin & Debt Relief
US Treasury get 261.5 million ounces of gold for Fort Knox, dem dey officially value am for $42.22 per ounce, or $11 billion total. But based on market price now wey be over $3,400 per ounce, the gold dem hold fit worth about $750 billion. Dis big gap don bring back talk about say make dem revalue gold so dem go fit unlock hidden capital to take help pay national debt or save am for strategic bitcoin reserve. One Federal Reserve research note sabi how countries like Germany and South Africa take gold revaluation finance debt reduction or cover loss dem. E talk the book keeping steps: make dem retire old gold certificates, revalue reserves, transfer assets to the Fed, then make dem issue new certificates without moving actual gold. People wey dey support the idea talk say the new money fit help pay the $37 trillion national debt or start sovereign wealth fund or bitcoin reserve, wey Senator Cynthia Lummis suggest and former President Trump agree. People wey no like the idea warn about inflation risk, secret money printing, and how this one get connection with the 1934 revaluation wey shift monetary control from Fed go Treasury. Even though Treasury Secretary Scott Bessent talk say e no go do revaluation, the Fed note show say the idea of gold revaluation fit dey get more acceptance now.
Neutral
Di artikul put di theoretical way for di US Treasury to revalue dia gold reserves an fit use di money for fund bitcoin reserve. Even though dis kin move fit show say government dey behind di demand for BTC, di idea still na only speculation. Just like before wen dem talk about selling sovereign gold, no be so e sure say dem go take action soon. Traders dem no go just change how dem dey do because of one research note wey Federal Reserve do. For long term, if dem officially approve bitcoin reserve, e fit make market stable and more people go start to use am. But because of political wahala, inflation palava, and Fed independence matter, e no too likely for dem to put am for ground. Dis one mean say e no go affect Bitcoin price or crypto trading for short or long time.