An earlier report highlighted John Paulson and Scott Bessent as potential candidates for Treasury Secretary and now Reuters sources say these are the main candidates.
I wrote about Paulson earlier within the week and emphasised that he is a significant gold bull. Now, I do not know that he will advocate including to US gold reserve however he is definitely not going to advocate for promoting them.
In the meantime, within the irony of ironies, Bessent is a George Soros acolyte and labored from him from 1991 to 2000 (a time of the well-known pound wager) then returning in 2011 to spend 4 years as chief funding officer.
The deep state all the time wins, but it surely’s additionally a win for an FX man.