USA Revaluation of Gold

trew said:
Wasn't that from over a year ago?
Click to expand...
Yes.

(grok)
Bessent said this on March 18, 2025, during an appearance on the All-In Podcast (the "All-In DC" episode).

This was in response to speculation that his earlier comments about “mobilizing the asset side of the balance sheet” (in the context of a potential sovereign wealth fund) meant revaluing U.S. gold reserves (currently carried at the statutory $42.22/oz price).

Bessent has made similar clarifying statements in other interviews since early 2025 (e.g., Bloomberg in February 2025). Gold has roughly doubled in price since then, but Bessent’s position on official revaluation has stayed consistent in public remarks.
 
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