U.S. to Revalue Its Gold Reserves

From SprottMoney

Some have speculated that this official revaluation will be utilized to pay down and retire some of the $37T in U.S. federal debt, and maybe it will. However, far more likely is a revaluation for the purpose of funding President Trump’s Sovereign Wealth and/or Bitcoin Reserve funds. Revaluing the official U.S. gold reserves from $42.22/ounce to the current market price of $3400 would “create” nearly $800B in what would be termed “debt neutral” cash, and that $800B would be used to finance Trump’s funds. 

Think that’s crazy? You’re sorely mistaken.