The Treasury Is Sitting On A $750 Billion Gold Hoard–Officially Valued At $11 Billion
1. Gold prices have surged over 40% in the last year. 2. A Federal Reserve note discusses revaluing gold reserves as a funding strategy. 3. Current U.S. gold valuation is set at $42.22 per ounce, significantly outdated. 4. Treasury Secretary denies plans for gold revaluation despite renewed interest. 5. Revaluation could increase money supply, raising inflation concerns.