>>60905597
>Not sure what it even means to "revalue" gold.
It means the US Treasury can to an accounting trick by arbitrarily assigning a value to the (supposed) gold holdings in Fort Knox, and then depositing that amount of newly created fiat into the Treasury General Account (TGA).

Very similar to the gambit that was proposed years ago about creating one giant platinum coin with a face value of one trillion dollars. It's just a mechanism for doing a one time massive money print.
https://en.wikipedia.org/wiki/Trillion-dollar_coin

It wouldn't change the spot price of gold, but would devalue the US dollar somewhat.