US gold revaluation could wipe out 70 per cent of budget deficit amid West Asia conflict
New Delhi [India], March 9 (ANI): The United States could potentially eliminate a massive portion of its budget deficit by changing how it values its gold reserves as the West Asia conflict continues.
A recent report by SBI Research states, 'The corresponding revaluation reserves would create a massive jump in assets first, wiping ~70% of US Budget deficit.'
While these reserves are currently valued at pric