Cold Water From The SecTreas

By TF Just when it appeared that the movement to officially revalue gold and audit the US's gold reserves was gaining real momentum, SecTreas Bessent showed up on Bloomberg TV overnight to claim that using gold as an "asset" wasn't in Trump's plans and that "all of the gold is in Ft Knox". It was curious timing, to say the least. Here's the clip. Pretty straight forward. One concern I have...

Feb 20, 2025 - 18:27
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Cold Water From The SecTreas

By TF

Just when it appeared that the movement to officially revalue gold and audit the US's gold reserves was gaining real momentum, SecTreas Bessent showed up on Bloomberg TV overnight to claim that using gold as an "asset" wasn't in Trump's plans and that "all of the gold is in Ft Knox". It was curious timing, to say the least.

Here's the clip. Pretty straight forward. One concern I have...