POLL: Will the Gold reserves valued at the current market prices ?

Discussion in 'Economics' started by TrAndy2022, Feb 23, 2025.

Will the Gold reserves valued at the current market prices ?

Poll closed Mar 2, 2025.
  1. Yes, but with no further effects

    0 vote(s)
    0.0%
  2. Yes and Trump will use those ca. $800 billion surplus

    33.3%
  3. No

    66.7%
  1. TrAndy2022

    TrAndy2022

    One more thing the Gold reserves I heard they are rumors now that they gonna be revalued at the current market prices, because they are ridiculous low priced in the books currently. So the finance department could get around $800 billion in addition. This could be used to cut tax rates etc.
    2025-02-23_160711.jpg
     
  2. TrAndy2022

    TrAndy2022

    You might need to autotranslate it into English, but informative video I find...
     
  3. Sprout

    Sprout

    Trump & Musk have designs on what's there and then claim the prior admin 'stole' them. We should all know by now the current playbook of 'accusation as admission' aka projection is modus operandi for MAGA.
     
    albion and piezoe like this.
  4. Handle123

    Handle123

    Biden did his best to make us a 3rd world nation, he probable gave every illegal a gold bar to boot.
     
  5. ktm

    ktm

    While it's really sexy to reduce the deficit - and it needs to be done - pulling all that cash at once out of the economy is likely going to be a shock to the system. We are at all time highs last week with a 36T deficit. Is it worth it if Trump reduces that to 33T in four years and sends us into a depression?

    This massive debt pile didn't get created overnight and it isn't going to get wiped out in 5 or 10 years. Congress and politicians spent decades pissing away our money to achieve this. Even with Elon burning the gov't down, he's only saved about $2.5B according to the WSJ and they are still negative 1T+ on their annual budget.

    Trump is pretending the Titanic is some souped up Honda Civic that he can just flip around in the middle of the street. If he's not careful he's going to break it in half.
     
    albion and SunTrader like this.
  6. SunTrader

    SunTrader

    "Will the Gold reserves valued at the current market prices?"

    Hmmm WTF is the question? Haha

    Don't bother Russian Dummkopf Bot.
     
    piezoe likes this.
  7. Arnie

    Arnie