Trump’s Treasury Secretary will be a George Soros disciple or a gold bug – report

News

John Paulson

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.

Scott Bessent was George Soros’ top lieutenant

Articles You May Like

These 8 stocks hit 52-week high, rallied up to 18% in a month
Trump aims to revive the Keystone XL pipeline (politics report)
USDCAD Technical Analysis – We are at a key support zone
Russia deputy prime minister says oil market is balanced thanks to OPEC+
UK CPI set to rise above BoE target in October, core inflation to remain high

Leave a Reply

Your email address will not be published. Required fields are marked *