USA Revaluation of Gold

[betterinvestmentthanshare]

Straight from the horse’s mouth

https://twitter.com/x/status/2063403197478113746

So there you have it.
NOPE

 

[spannermonkey]

And watch the back flip in days to come.

 

[sammysilver]

And watch the back flip in days to come.

My thoughts exactly!

 

[trew]

Wasn't that from over a year ago?

 

[jultorsk]

Wasn't that from over a year ago?

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.

 

[boston]

It’s only a matter of time for gold to be revalued on the government’s balance sheet.

How much and when is conjecture, but in my opinion it will happen.

 

[mmm....shiney!]

It’s only a matter of time for gold to be revalued on the government’s balance sheet.

Why? The government doesn't need it, it currently has an endless supply of funds at its disposal and the balance sheet never has to balance.

 

[mmm....shiney!]

Bessent is probably approaching it from the angle that a revaluation of gold would create too much instability in financial markets as commercial entities and pension funds for example holding or exposed to the gold market would find their balance sheets under pressure necessitating forced sales and re-alignments.