Also reading about US accumulating gold apparently? Is there a plan to get back on the gold standard? 🤔
Discussion
That would be nice.
I highly doubt it and repegging dollar to gold would be too painful financially and take away too much power from the US. I think the government is just doing what lots of other people and institutions are doing to survive in an insolvent system - buying hard assets.
its a bet on tariffs, if tariffs get imposed price on imports from UK will jump, so anything over before then will be able to be sold at a premium
Maybe they’re setting up to revalue gold for the next reset.🧐
Don't think so. I'm pretty sure it's a response to a reduction in trust in the value of the dollar related to all the tomfoolery and hijinks going on right now in Washington DC. People are scared, and when they're scared they tend to buy metals as a hedge against the worst outcomes.
