On Friday the Federal Reserve Bank website published a "FED Notes" article by Colin Weiss regarding the theory and phenomenon of central banks revaluing their gold reserves in order to increase nominal wealth without increasing debt from the printing of debt-based fiat currencies.

"With public debt at high levels, some governments have begun to explore financing additional expenditures without raising taxes while also not increasing public debt outstanding. One possibility is using proceeds from valuation gains on gold reserves, as has been floated in the U.S. and Belgium recently," the paper said.

The government of the U.S. holds 261.5 million troy ounces of gold, according to the paper. Currently the government proclaims a statutory price of $42.22 per troy ounce for the valuation of this precious metal, or about 1.25 percent the current market value per ounce as of the writing of this article – $3,379.40