Tag: Treasury Secretary Scott Bessent
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They’re Changing Your Money: Why July 4, 2026 Could Mark a Turning Point for the Dollar
Something extraordinary is happening to the U.S. monetary system, and most people are still looking at the pieces instead of the whole picture. On March 26, 2026, the U.S. Treasury announced that newly printed American paper currency will carry President Donald J. Trump’s signature alongside Treasury Secretary Scott Bessent’s signature, marking the first time in…
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Gold Revaluation Imminent? US Treasury Hoard Tops $1 Trillion For First Time
On the back of a 45% surge in the price of gold this year, the US Treasury’s hoard of the barbarous relic has surpassed $1 trillion in value for the first time in history. That is more than 90 times what’s stated on the government’s balance sheet and is reigniting speculation that Treasury Secretary Bessent could revalue (mark…
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Raw Capitalism Returns: The S&P 500 Tumbles Amid Trump-Era ‘Detox Period’
In a market shock that has sent tremors through Wall Street, the S&P 500 plummeted from approximately 6,100 in mid-February to 5,611 by late March 2025—a sharp correction that reflects more than just economic volatility. This decline is tied directly to a deliberate policy shift under newly appointed Treasury Secretary Scott Bessent, who is orchestrating…