Had to dig this up from way back….from 2011.
https://www.foxbusiness.com/markets/trump-accepts-gold-instead-of-dollars-from-tenant
https://finance.yahoo.com/news/Why-Did-Donald-Trump-Accept-wscheats-1484261614.html
Had to dig this up from way back….from 2011.
https://www.foxbusiness.com/markets/trump-accepts-gold-instead-of-dollars-from-tenant
https://finance.yahoo.com/news/Why-Did-Donald-Trump-Accept-wscheats-1484261614.html
https://dailyreckoning.com/top-10-donald-trump-tweets-gold/
Where this gets really interesting is that Trump could effectively use gold to devalue the dollar and make gold double overnight through one simple executive action. He could instruct Treasury Secretary Steve Mnuchin to change the way gold is valued on the books.
Currently gold is valued at $42 per ounce, which was the price of gold in 1971 when President Richard Nixon closed the gold window. By directing Mnuchin to “mark gold to the market price,” Trump would cause the Fed’s balance to strengthen by $350 billion. As a result, gold could immediately soar.
https://www.newsmax.com/finance/adambaratta/trump-gold-secret-weapon/2019/04/12/id/911487/
As I have repeatedly observed Donald Trump shows a strong affinity for gold. He has also shown a keen intuitive grasp of how the gold standard was crucial to having made America great:
Donald Trump: “We used to have a very, very solid country because it was based on a gold standard,” he told WMUR television in New Hampshire in March last year. But he said it would be tough to bring it back because “we don’t have the gold. Other places have the gold.”
Trump’s comment to GQ: "Bringing back the gold standard would be very hard to do, but boy, would it be wonderful. We’d have a standard on which to base our money."
You remember when Trump looked up into the sky during the solar eclipse?
https://nypost.com/2017/08/25/mnuchin-viewed-the-solar-eclipse-atop-200b-of-gold/