Gold Revaluation Risks ‘Messy’ Outcome for Fed, Wrightson Says
Revaluing the US gold stockpiles might look tempting under debt-ceiling constraints, but it would have far-reaching implications for the financial system, boosting liquidity and prolonging the Federal Reserve’s balance-sheet unwind, according to Wrightson ICAP.
source https://www.livemint.com/market/stock-market-news/gold-revaluation-risks-messy-outcome-for-fed-wrightson-says-11739903932445.html
source https://www.livemint.com/market/stock-market-news/gold-revaluation-risks-messy-outcome-for-fed-wrightson-says-11739903932445.html
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