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Message: <blockquote data-quote="vantexan" data-source="post: 6066128" data-attributes="member: 24302"><p>Read the paragraph above it.  The statutory price is the value Congress set on it and hasn't changed since 1973.  This only pertains to the gold the U.S. government holds.  Not to the world gold price.  If anything Congress would change the value of its gold to reflect current market prices in order to be competitive.  They aren't going to decree gold is worth $100k(for example) an ounce because nobody will buy it at such a high price.</p></blockquote><p></p>