$1,000 Silver?
$1,000 SILVER [SERIOUSLY, STOP LAUGHING] – Bix Weir, Chris Marcus, Jean-Claude (rumble.com)
The Exchange Stabilization Fund (ESF) is a U.S. Treasury emergency reserve account that can be used to intervene in the foreign exchange markets and provide financing to foreign governments1234. It consists of U.S. dollars, foreign currencies, and Special Drawing Rights (SDRs), which is an international reserve asset created by the International Monetary Fund1234. The ESF was established in 1934 under the Gold Reserve Act and has been used in several financial crises, such as the Mexican rescue package of 1995 and the Asian crisis of 199745. The ESF is under the exclusive control of the U.S. Secretary of the Treasury, but its use and availability have been controversial and subject to congressional oversight5.