The global financial world has recently been stirred by a piece of news: the United States may revalue its gold reserves at book value. What does this mean? Simply put, if the valuation is adjusted from the historical record of $42 per ounce to the market price, over one trillion dollars could be released on the Federal Reserve's balance sheet out of thin air. This isn't actual money printing, but the effect is similar—financial markets will interpret it this way.

The question is, is this really a bailout or something else? From three perspectives, it’s quite clear:

First, liquidity shock. Revaluing gold essentially means "we acknowledge gold as the true value anchor." This will ignite demand for gold, further pushing up its price. Historical data shows that for every 1% increase in inflation expectations, gold prices typically surge by 2%. Imagine how violent that linkage can be.

Second, the dollar credit issue. In the long run, this may reflect the U.S. re-evaluating the credibility of its fiat currency. Once this logic unfolds, gold prices of $5000 to $8000 are no joke. This is the pricing logic in the de-dollarization era, and everyone holding assets should ponder this.

Third, opportunities in the crypto market. Gold and digital assets like Bitcoin and Ethereum are, in a sense, hedges against fiat currency credibility. When gold surges, crypto assets often resonate. Whether this logic will continue to hold in 2026 is worth paying attention to.

In the short term, gold may surge toward $4400, with intense volatility along the way. But in the long run, a new asset pricing logic is already forming. The fundamental question is: in an era of dollar credibility revaluation, how should you allocate your assets? This is not just about gold but also involves your understanding of digital assets like Bitcoin and Ethereum.