Bessent’s Last Treasury Support Falters – Gold Takes Down US Stablecoins
At the top of our blog post, we delve into the recent development where Bessent’s last treasury support wavers, causing a ripple effect in the market as gold strikes down US stablecoins. Introduction When we stumbled upon Sean Foo’s latest…
Bessent’s Treasury Lifeline Fails: China and US Allies Moving Away from USD in Trade
I have been closely following the recent developments, and it seems that Bessent’s Treasury lifeline is faltering. There is a notable shift happening as China and US allies are gradually stepping back from using the USD in their trade transactions.…