Coin Stories News Block: Gold Market Spooked by Tariff Threat, Fed Eyes Gold Revaluation, Harvard’s Big Bitcoin Bet
6 snips
Aug 11, 2025 This discussion dives into the chaos caused by surprise U.S. tariffs on Swiss gold, shaking the gold market. It highlights a growing pivot toward digital assets, with Harvard making a significant Bitcoin investment. Pro-Bitcoin sentiment is bolstered by Stephen Miran's nomination to the Fed Board, hinting at potential regulatory shifts. The potential revaluation of gold is explored alongside Bitcoin's resilience amid the tumult, showcasing the evolving landscape of macroeconomics and finance.
AI Snips
Chapters
Transcript
Episode notes
Tariff Shock Upends Gold Market
- U.S. CBP ruled Swiss gold bars could face nearly 40% tariffs, sparking chaos across bullion markets.
- Futures surged and spreads widened while the White House promised to clarify the policy.
Bitcoin's Edge Over Physical Gold
- Michael Saylor said Bitcoin's digital nature avoids frictions like shipping and tariffs that plague gold.
- He argued this will accelerate capital migration from physical gold to Bitcoin, boosting institutional adoption.
Fed Considers Revaluing U.S. Gold Reserves
- A Fed note examined revaluing U.S. gold from $42.22 to market prices, dramatically increasing reported reserves.
- Natalie Brunell said the idea could free proceeds to buy Bitcoin and help address long-term U.S. debt.