President Trump’s pick for Treasury Secretary, Scott Bessent, has stated that he believes the world is on the cusp of a “global economic reordering”. And he would “like to be a part of it”.
Interestingly, Bessent is a major gold bull: “I think we’re in a long-term bull market in Gold. We’re seeing reserve accumulation by central banks. I follow it closely. It’s my biggest position.”
A gold enthusiast as U.S. Treasury Secretary? Interesting. Ironically, gold fell more than 3% when Trump announced his appointment, apparently due to Bessent’s hawkish budgetary credentials. 3-3-3
Bessent has proposed the 3-3-3 economic plan for America, consisting of:
