Summarized by David Morenfeld for National Gold Group
On February 3rd, Treasury Secretary Scott Bessent , said “within the next 12 months, we are going to monetize the asset side of the US balance sheet” - to help fund the government. That means finding ways to unlock value from what the U.S. already owns.
Financial Time’s Gillian Tett has suggested that rising speculation of gold revaluation may be behind the surge in gold. In any case, so pervasive is the panic across Wall Street that gold may suddenly be revalued by a factor of +70%, that none other than BofA’s heaviest hitter, former NY Fed staffer Mark Cabana chimed in to opine that the Treasury may indeed shock the world by letting gold “float.”
Three potential areas of US asset monetization:
1️⃣ Selling Government Property & Equipment (PP&E) – Most of the $1.3 trillion worth of land, buildings, and equipment belongs to the Department of Defense. Selling military bases or key assets is highly unlikely due to national security concerns.
2️⃣ Selling Fannie Mae & Freddie Mac Stakes – The U.S. owns $339 billion in shares of these mortgage giants. While privatizing them is an option, it would take over a year—too long to match Bessent’s timeline. Plus, it could shake up the housing market in unpredictable ways.
3️⃣ Revaluing Gold – The Most Impactful Option – This is where things get interesting. The U.S. holds 261 million ounces of gold, but it’s still valued at a ridiculous $42 per ounce—a number set in 1973. At today’s market price of $2,800 per ounce, updating the valuation could instantly inject nearly $700 billion into the U.S. Treasury. That’s real money, and it wouldn’t require selling anything—just adjusting an outdated number.
Wall Street is buzzing, and even Bank of America analysts are weighing in. Could the U.S. let gold “float” to its true value? If so, it would be a game-changer—not just for the government, but for investors holding gold.
With speculation mounting, now might be the time to pay close attention to gold. A revaluation could mean huge gains for those who are prepared.
