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Gold Revaluation Imminent? US Treasury Hoard Tops $1 Trillion For First Time
On the back of a 45% surge in the price of gold this year, the US Treasury's hoard of the barbarous relic has surpassed $1 trillion in value for the first time in history. That is more than 90 times what's stated on the government's balance sheet and is reigniting speculation that Treasury Secretary Bessent could revalue (mark to market) the massive pile of precious metal Unlike most countries, the US’s gold is held by the government directly, rather than the central bank. The Fed instead holds gold certificates corresponding to the value of the Treasury’s holdings, and credits the government with dollars in ... (full story)
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From nypost.com | Sep 29, 2025
The value of Americas gold hoard has topped $1 trillion for the first time as bullion smashes through record highs. Prices surged above $3,824.50 an ounce on Monday, extending a 45% rally this year that has been fueled by safe-haven buying at a time of trade wars, geopolitical turmoil and fears of a government funding crisis. The US Treasury holds the ...
Gold futures traded higher for a second consecutive session, reaching another all-time high for the year. This move was supported by a weaker USD and lower Treasury yields, with demand driven by a flight to safety. The trend of strength was not isolated to Gold, as Silver futures also reached a 14.5-year high.
From darden.virginia.edu | Sep 29, 2025
Gold is shining especially bright right now. The precious metal keeps setting new price records, surging past $3,800 an ounce on Monday for the first time. The price has climbed an impressive 45% this year, extending a strong run from last year. 2025 is shaping up to be golds best year since the 1979 melt-up, when an energy crisis triggered an inflationary ...