2 ms·
When something is "realized" is a matter of accounting. It means to make the change, they sold the gold fo currrency, then bought it back. For many of us, reali
by mhluongo 6mo ago
When something is "realized" is a matter of accounting. It means to make the change, they sold the gold fo currrency, then bought it back. For many of us, realizing a gain is when taxes happen, though I'm not sure what it means for a nation state.
https://www.investopedia.com/terms/r/realizedprofit.asp https://www.investopedia.com/terms/r/realizedprofit.asp
- mort96 6mo agoSo they could sell it again and buy it again and realise another $15b?
- atombender 6mo agoNo, there wouldn't be any gains to realize — unless the gold price went up since they bought it, of course. If you buy something for $10 and sell at $15, you realized a gain of $5. If you then buy at $15 and sell it at $15, you realized a gain of $0.