Gold revaluation is unlikely in the near term. However, the fact that it has moved from fringe speculation to official modelling is a development worth noting.
The Fed’s Colin Weiss examines gold revaluations in five countries: Curacao, Germany, Italy, Lebanon, South Africa, signal growing interest in unlocking reserve value.
Higher prices appear to have put a drag on central bank gold buying. However, the pace of expanding gold reserves remains far above the historical average.
President Donald Trump made headlines when he fired Bureau of Labor Statistics Commissioner Erika McEntarfer after a particularly bad July jobs report, calling it rigged.
Congress recently passed the GENIUS Act, which provides a regulatory framework for private banks and other organizations to develop and operate stablecoins.
