Trump’s Treasury Secretary will be a George Soros disciple or a gold bug – report
globalreutersNovember 8, 20241 Mins read An earlier report highlighted John Paulson and Scott Bessent as possible candidates for Treasury Secretary and now Reuters sources say those are the leading candidates.
I wrote about Paulson earlier in the week and emphasized that he’s a major gold bull. Now, I don’t know that he’s going to advocate adding to US gold reserve but he’s certainly not going to advocate for selling them.
Meanwhile, in the irony of ironies, Bessent is a George Soros acolyte and worked from him from 1991 to 2000 (a time of the famous pound bet) then returning in 2011 to spend four years as chief investment officer.
The deep state always wins, but it’s also a win for an FX guy.
This article was written by Adam Button at www.forexlive.com.
Recent Posts
Categories
Related Articles
Fed’s Kashkari: The fundamentals seems strong and I’m optimistic that will continue
Comments from the Minneapolis Fed President in conversation with Yahoo Finance.We have...
BofA: Life don’t come easy for CHF: What’s the trade?
BofA suggests staying short on CHF, particularly against USD and GBP, as...
USDCHF extends above the 200 day MA
The USDCHF has moved up to a high of 0.88357. That is...
US 10 year yield looks to close at the highest level since July 1
The high yield close for the 10-year note last week reached 4.433%....
Leave a comment