Tag Archives: scott bessent
Death of the Penny and What this Means for Gold
The death of the penny – a token – may be a practical matter. Why fabricate something at a loss? But, more so, it is the result of decades of reckless deficit spending in Washington. Continue reading
Bessent Enters the Meat Grinder
Scott Bessent should have kept his mouth shut. He also should have kept his money in his pocket. The billionaire had a good thing going. He was leading a charmed life managing his hedge fund Key Square Group and preserving historic pink mansions in Charleston with his husband and their kids. But that was before he threw his money and support behind Donald Trump’s election campaign. Continue reading
Posted in Government Debt, MN Gordon
Tagged debt, dollar, janet yellen, scott bessent, treasury secretary
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