Illya Gerasymchuk
Entrepreneur / Engineer
gold revaluation proceeds are not necessarily used to cover sovereign debt central banks of Italy, Germany, Lebanon, South Africa & Curaçao and Sint Maarten reevaluated gold in the past, with some using the proceeds to finance the government, while others the central bank
gold revaluation will NOT solve the US debt problem the gain would cover less than 3% (≈1 trillion USD) of the outstanding national debt most recently it took ≈9 months for the US government to accumulate $1T in new debt previously, $1T in new debt was added in ≈100 days
