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You must be visible, competent and famous to be able to afford a special edition sports car

Gold Revaluation Risks ‘Messy’ Outcome for Fed, Wrightson Says​

  • Surge in Fed assets could be seen as quantitative easing
  • Move may extend debt-ceiling X-date to 2026: Barclays’ Abate

By Alex Harris
19 February 2025 at 2:16 AM SGT
Updated on
19 February 2025 at 4:06 AM SGT
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Revaluing the US gold stockpiles might look tempting under debt-ceiling constraints, but it would have far-reaching implications for the financial system, boosting liquidity and prolonging the Federal Reserve’s balance-sheet unwind, according to Wrightson ICAP.

Treasury is allowed to pledge its holdings of physical gold to the Fed in exchange for cash. The proposal, which was also floated in 2023, centers around the idea that the government should revalue gold reserves from the $42.22 per ounce — the legacy Bretton Woods price — to market value. That would put the collateral value of the Treasury’s gold reserves at roughly $750 billion, up from about $11 billion, according to Wrightson ICAP.
 
No need to do that. Just drive car over to JB and arrange to have it stolen. Then report it stolen to the Johor Police and your insurance company in Singapore. There are crooked dealers who will issue u new ownership papers and register the car as Malaysian. Then u can get Malaysian insurance for it. After that, u can drive your ex SInkie car in Malaysia. Just cannot drive it in Singapore.
Vunderbar!
It's amazing how the private sector can overcome gomen imposed difficulties.
 

Gold Revaluation Risks ‘Messy’ Outcome for Fed, Wrightson Says​

  • Surge in Fed assets could be seen as quantitative easing
  • Move may extend debt-ceiling X-date to 2026: Barclays’ Abate

By Alex Harris
19 February 2025 at 2:16 AM SGT
Updated on
19 February 2025 at 4:06 AM SGT
Save
Translate

Revaluing the US gold stockpiles might look tempting under debt-ceiling constraints, but it would have far-reaching implications for the financial system, boosting liquidity and prolonging the Federal Reserve’s balance-sheet unwind, according to Wrightson ICAP.

Treasury is allowed to pledge its holdings of physical gold to the Fed in exchange for cash. The proposal, which was also floated in 2023, centers around the idea that the government should revalue gold reserves from the $42.22 per ounce — the legacy Bretton Woods price — to market value. That would put the collateral value of the Treasury’s gold reserves at roughly $750 billion, up from about $11 billion, according to Wrightson ICAP.
People are talking about cars and cheebye brain like you bring this US Gold Stockpile up for fuck? Are you Stuffycunt's clone. Because that bitch is dumb as shit like you.
 
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People are talking about cars and cheebye brain like you bring this US Gold Stockpile up for fuck? Are you Stuffycunt's clone. Because that bitch is dumb as shit like you.
Is to warn peanut brain like u
So that u have headup
Hope u are doing well
 
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