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30 sats \ 0 replies \ @freetx OP 7h \ parent \ on: Total Balance Sheet Dominance: A Bold Strategy for U.S. Economic Supremacy Politics_And_Law
Very true. The real power here is the announcement. The announcement of the intention would simultaneously cause the crash Gold/boom in BTC.
Having said that, there is no longer any value to holding "heavy rocks", so they would need to be sold at whatever price the market is willing to absorb.
In a sense its even better for US to sell its gold at $150 per ounce as it makes real the demonetization strategy.