Every $4,000 increase in gold prices is an additional $1T Bessent could add to the TGA to buyback USTs, simply by instructing Warsh to revalue US official gold, per👇
Higher gold prices are now Bessent's (& Warsh's) friend, NOT their "enemy" (as Volcker once said.)
Let's watch.
This could prove 100% accurate if he swaps ALL the Federal debt for T-Bills, then uses those T-Bills to back 0% yielding stablecoins, then cuts the rate on those T-Bills to 0.60% (b/c the banks don't deserve 3.5% on stablecoins).
You're gonna want to own more gold & BTC though.
BREAKING: Iran has completely ruled out any future negotiations with the Trump administration, declaring it will wait out Donald Trump's term until January 20, 2029, per Iranian outlets and Ghalibaf advisor's post.
"Trump will not reach an agreement with us. We will accompany him until his term ends," said Majid Shakeri, advisor to Parliament Speaker Ghalibaf.
He posted: "The path to victory is neither fighting nor a deal — it is managing the process of neither war nor peace, up to the point of victory. Publicly confirming negotiations with the U.S. is sheer folly. The winning approach is denial, ambiguity, and strategic patience."
Iran's conditions remain unchanged: $300 billion in compensation, release of frozen assets, and withdrawal of U.S. forces. Until then, the Strait stays closed.
@solexfresh599 Why bust out a video and be a douche canoe to the very people that will risk their lives to save you from harm in the event you have an emergency. Just show your paperwork man. It’s completely constitutional for them to board.
@taylorkenneyitm I agree with everything you’ve said, I am old and have heard this same analysis before, yes we kick the can down the road always and will forever print so…the question really is….WHEN?! When does it all come crashing down? If you can tell me that then save me the rest please.
@draso99 @BrunoLabs@NoLimitGains That’s the point I was trying to make. No cash flow doesn’t stop. The franchisee still has to pay rent on the property.
@BrunoLabs@NoLimitGains They don’t need to. MCD has a positive cash flow just from the real estate they own. They actually considered a few years back, converting to a REIT.
@SimonDixonTwitt Simon……why can’t the government just say….you cannot transact in BTC? I don’t see how BTC in self custody can ever be a thing unless it will be FIC controlled.