Surpassed #احتياطيات_الذهب# at the US Department of the Treasury one trillion Dollar in market capitalization, for the first time ever. 🪙
But in the records? Its value is still only 11 billion Dollar, thanks to a fixed price in 1973 of 42.22 Dollar per ounce.
This means that America's largest strategic reserve is less than its true value by about 90 times.
Reminder: Fake accounts do not change the economic reality. Gold is being repriced against the declining Dollar, which is a signal that cryptocurrency investors understand well. ⚡ #BTC #ETH #XRP #Cryptomarketrebound
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Surpassed #احتياطيات_الذهب# at the US Department of the Treasury one trillion Dollar in market capitalization, for the first time ever. 🪙
But in the records? Its value is still only 11 billion Dollar, thanks to a fixed price in 1973 of 42.22 Dollar per ounce.
This means that America's largest strategic reserve is less than its true value by about 90 times.
Reminder: Fake accounts do not change the economic reality. Gold is being repriced against the declining Dollar, which is a signal that cryptocurrency investors understand well. ⚡
#BTC #ETH #XRP
#Cryptomarketrebound