Given what Bessent said the other day about “monetizing the asset side of the balance sheet” when discussing the sovereign wealth fund, it is just so clear that Treasury is set to revalue America’s gold position.

A Friday “surprise” announcement is imminent. Then again, might be a good idea for someone to audit that gold. Highly doubtful it’s even there anymore.

New ATL for the US dollar against gold 🎉

A whole 0.38 % move. Amazing.