PANews reported on March 5 that according to Zerohedge, Bloomberg macro strategist Simon White wrote an analysis that the market expects the United States to revalue its gold reserves to provide funds for the purchase of cryptocurrencies. Although Trump announced last weekend that he would establish a strategic reserve fund for cryptocurrencies, he did not answer the question of how to purchase these cryptocurrencies, which leaves the possibility for the revaluation of US gold reserves. U.S. Treasury Secretary Bessant's recent comments on the monetization of the asset side of the balance sheet pointed out a feasible way to finance cryptocurrency funds, namely: the United States can revalue its gold holdings, but the revaluation of gold may weaken or strengthen the reserve status of the US dollar and undermine the independence of the Federal Reserve, which has a significant impact.
Analysis: US may finance cryptocurrency purchases by revaluing gold reserves
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Author: PA一线
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