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Ipso

Posted by Buygold @ 11:48 on October 1, 2026  

Do you know if treasury and the administration can just unilaterally revalue gold or is that something that needs approval of Congress?

You can bet Dems will try to block anything he does.

edit:

Never mind, I asked Grok, the current price was set by statute in 1973. In order to revalue, Congress would have to amend the statute.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.