Will Gold Be Revalued? George Gammon Predicts Inflation
The US government claims to hold 8.1 tons of gold. It has valued the gold on its balance sheet at $11.1 billion that amounts to $42 per ounce, the same price in 1973. The current price of gold just hit $4000 per ounce – there is a $990 billion difference!
The Federal Reserve holds the gold certificates/ titles to the gold that corresponds to the value of the gold. If the US government now says that the gold is worth $4000 per ounce, the value of the gold certificates held by the Fed goes up to nearly $1 trillion, which will flow into the US government/US Treasury coffers. Gammon says that politicians will want to monetize this “extra money” to buy votes and put the money in their pockets. Or it could be spent on more wars.
Gammon says that revaluing the gold up to $4000 per ounce will not necessarily increase the price of gold. But injecting $1 trillion into the economy will cause inflation. He revealed that commercial banks can create money in the same way, causing more inflation.
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https://needtoknow.news/2025/10/will-gold-be-revalued-george-gammon-predicts-inflation/
https://youtu.be/Hy6FAcLzXoo
https://www.zerohedge.com/precious-metals/gold-revaluation-imminent-us-treasury-hoard-tops-1-trillion-first-time