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Is Gold Likely to be Repriced?
Episode 17
This episode discusses the US Administration's potential consideration of repricing its gold reserves. This action, which involves valuing gold at its current market price instead of an outdated value, could significantly inflate the recorded worth of US gold holdings. The discussion explores the potential ramifications of this move, including possible effects on gold prices, the US balance sheet (likened to quantitative easing), and the broader global financial landscape. Experts cited suggest this could validate gold's monetary role and trigger a worldwide shift in commodity investments, while an audit of Fort Knox gold reserves is planned to assess feasibility.
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Read the article that this episode is based on at https://goldiracompaniescompared.com/news-items/gold-silver-bulletins/us-administration-considers-repricing-gold-potential-global-market-disruption-ahead
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Published on 9 months, 1 week ago