America’s Hidden $863B Gold Stash Potentially To Be Used to Fund a Bitcoin Reserve

The article discusses a potential gold price revaluation that could be used to fund President Trump's bitcoin ambitions. The author suggests that the US government is hiding the true value of gold, which is estimated to be $863 billion, and is instead using a book value of $11 billion. This discrepancy could be used to fund a US sovereign wealth fund and a strategic bitcoin reserve. The article also touches on the potential consequences of a gold price revaluation, including a spike in interest rates and a decrease in the value of the US dollar. The author argues that the US government is hiding the true value of gold to avoid admitting that the US dollar has lost 98.7% of its value against gold since the Bretton Woods agreement was abandoned.

Key Points:

• The US government is hiding the true value of gold, estimated to be $863 billion, and is instead using a book value of $11 billion.
• The discrepancy between the true value of gold and the book value could be used to fund a US sovereign wealth fund and a strategic bitcoin reserve.
• A gold price revaluation could lead to a spike in interest rates and a decrease in the value of the US dollar.
• The US government is hiding the true value of gold to avoid admitting that the US dollar has lost 98.7% of its value against gold since the Bretton Woods agreement was abandoned.