Would Project 2025 Abolish The Federal Reserve? What About Reinstituting The Gold Standard?
Portfolio Pulse from Hayden Buckfire
The Heritage Foundation's Project 2025 proposes radical changes to U.S. monetary policy, including potentially abolishing the Federal Reserve and returning to the gold standard. These proposals have faced significant opposition from top economists. The SPDR Gold Trust (GLD) is mentioned as being near all-time highs.
July 18, 2024 | 7:05 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
The SPDR Gold Trust (GLD) is mentioned in the context of Project 2025's proposal to return to the gold standard. This could increase interest in gold as an investment.
The proposal to return to the gold standard could drive increased interest in gold investments, potentially benefiting GLD. However, the proposal faces significant political and expert opposition, making its implementation uncertain.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50