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mhluongotoday at 10:34 AM1 replyview on HN

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


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mort96today at 10:36 AM

So they could sell it again and buy it again and realise another $15b?

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