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The 'debasement trade' returns after Bessent bond maneuver. Crypto and gold are back in style - CNBC

Source: CNBC

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DW NOTE

Scott Bessent announced a Treasury buyback programme in February that would require the government to borrow money to purchase its own debt — textbook monetisation dressed up as "liquidity management." Six months later, gold is at $4,703 and the 10-year yield is at 4.74%, up nearly half a percentage point since the programme began. The debasement trade isn't returning; it never left.

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The United States has imposed sanctions on a Turkish investment bank and two subsidiaries, accusing them of helping Iran move oil revenue and providing access to the international financial system as Washington intensifies its campaign to squeeze Tehran. The US Treasury Department on September 4 des

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The 'debasement trade' returns after Bessent bond maneuver. Crypto and gold are back in style - CNBC

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Gold Is Only Insurance If You Can Reach It! -Vince Lanci - SilverTrade

‘Synchronised build-up of physical, futures, and options exposure’ to drive gold price higher - Société Générale - KITCO