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Trump is now moving forward with additional tariffs, the other tariffs have proven not to cause inflation like the Fed had said and now Trump is free to move with additional tariffs. Switzerland wants to help with gold refining to help with their tariffs. Gold could be revalued and this will change everything. The [DS] believe they have trapped Trump in a Gov shutdown. This is being driven by Soros and Trump was expected this. He created EO back in Feb for this very reason to drain the swamp quickly. Trump is now setting the stage to shutdown their riots and stop WWIII they are trying to start. Trump has issued a peace plan with Gaza and Israel, it is now up to the [DS] stated funded terrorists. Peace through Strength.

 

Economy

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https://twitter.com/briefing_block_/status/1972692864007115084

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 return.

That means, as we detailed previously, that an update of the reserves' value in line with today's prices would unleash roughly $990 billion into the Treasury’s coffers, dramatically reducing the need to issue quite so many Treasury bonds this year.

  Germany, Italy and South Africa all have taken the decision to revalue their reserves in recent decades, as an August note from an economist at the Federal Reserve discussed.

 

US gold re-marking would have implications for both the Treasury & Fed balance sheets. 

US Treasury: assets would rise by the value of the gold re-marking & liabilities would rise by the size of gold certificates issued to the Fed.

Federal Reserve: assets would rise by value of gold certificates & liabilities would rise by a crediting of cash in the Treasury cash balance (Exhibit 4). And here is the punchline: the Fed balance sheet impact would look like QE though no open market purchases would be required & Fed liability growth would initially be in TGA. 

In other words, the best of all words: a QE-like operation, one which see the Fed quietly funnel almost $700 billion in cash to the Treasury... but without actually doing a thing!

On net, a gold re-marking would increase the size of both Treasury & Fed balance sheets + allow for TGA to be used for Treasury priorities (i.e. SWF, pay down debt, fund deficit, etc). Meanwhile, the Fed and Treasury magically conjure some $990 billion out of thing air to be spent on whatever, all because the Treasury agrees that the fair value of gold is... the fair value of gold.

 Source: zerohedge.com

 

Political/Rights