Market News: Trump May Consider Revaluing Gold Reserves
Hello everyone, good evening. PANews reports on February 15 that, according to Jin Ten, Bloomberg macro strategist Simon White wrote that gold and silver are pouring into U.S. warehouses at an unprecedented rate since the pandemic. The accumulation by emerging market central banks over the years may have caused a shortage of physical metals in Western countries. Another less likely theory is that the U.S. is preparing to revalue the worth of its gold reserves.
Old Trump is estimated to be stirring things up again with national debt.