Gold Surge Gives U.S. Treasury an ‘Antiques Roadshow’ Surprise
1. U.S. gold reserves are valued at over $1 trillion. 2. Gold prices surged 46% this year, reaching over $3800 an ounce. 3. Marking U.S. gold to market could unlock $990 billion but destabilize the Fed. 4. Central banks added 166 tons of gold in just three months, seeking diversification. 5. Fed's expected rate cuts will enhance gold's investment appeal further.