Adjusting the bookkeeping on America’s gold reserves could add $750 billion to the U.S. Treasury overnight—but one expert says cashing out could trigger an ‘Armageddon’ event and tank the market

Treasury Secretary Scott Bessent (left) pledged to “monetize” America’s assets when Donald Trump (center) signed an executive order calling for Bessent and Commerce Secretary nominee Howard Lutnick (right) to create a plan for a sovereign wealth fund.

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