Gold price rally impact: US Treasury's gold reserves cross $1 trillion in value; over 90 times fixed value of $11 billion
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The US Treasury's gold reserves now exceed $1 trillion at market prices, vastly surpassing their official $11 billion valuation. Record gold prices, driven by market volatility, have created this potential $990 billion windfall, which could address half the budget deficit. However, revaluing these reserves is not being seriously considered due to financial system concerns. What's Your Reaction?
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