Now that we’re all awake and recovering from the commercials—I mean, the football game—let’s talk about gold.

According to the U.S. Treasury Department, the book value of the gold held by the government is approximately $42.22 per troy ounce, while the market value stands at $2,900.

If the government were to revalue its gold reserves, it could reduce the need to issue Treasuries. And a lower Treasury supply? That’s good news for interest rates.

We expect rates to continue their slow ride down though bumpy. Get out their and start looking at homes. Contact your agent, contact us and lets get to getting.

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