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Adjusting the bookkeeping on America’s gold reserves could add $750 billion to the U.S. Treasury overnight—but one expert says cashing out could trigger an ‘Armageddon ...
At gold’s current spot price of about $2,920 ... According to David Teeters, a professor at IESE Business School, a $750 billion mark-to-market gain would deleverage the government’s balance ...
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Trump's Treasury Secretary Eyes $750 Billion 'Gold Windfall'—But Could Selling Reserves Crash the Market?
Doing so would add approximately $750 billion to the government's ... Capital Advisors told Fortune that simply marking up the value of gold reserves doesn't provide cash flow.