Governments grappling with high debt are exploring an unusual accounting maneuver – revaluing national gold reserves at current high market prices to generate funds without raising taxes or borrowing more, according to a Federal Reserve analysis. Global Precedent Exists for Tapping Gold Reserves’ Hidden Value, Fed Says A recent note published by the Federal Reserve […]High-Debt Nations Eye Gold Reserve Profits for Funding, Fed Note Shows
Governments grappling with high debt are exploring an unusual accounting maneuver – revaluing national gold reserves at current high market prices to generate funds without raising taxes or borrowing more, according to a Federal Reserve analysis. Global Precedent Exists for Tapping Gold Reserves’ Hidden Value, Fed Says A recent note published by the Federal Reserve […]