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

0 0 Tuesday, February 18, 2025 Edit this post

Revaluing the US gold stockpiles might look tempting under debt-ceiling constraints, but it would have far-reaching implications for the fin...

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.

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