'What we’re watching at Jackson Hole isn’t coordination. It’s a financial standoff. The Fed prepares what Treasury denies. Congress writes what the White House ignores. Everyone knows the $42.22price is a joke, but nobody wants to be the one who admits the emperor’s gold is naked. They’re all positioning for the crisis that makes confession inevitable.
Strip it down. The truth? We’re not hiding $863 billion. We’re hiding that fiat money is a 50-year Ponzi scheme — and new marks are getting scarce. The $42.22 gold price is the last fig leaf covering the fact that we’ve been playing monetary make-believe since Pink Floyd dropped “The Dark Side of the Moon.”
Which brings us back to Bessent. He says we’re not revaluing gold. And if you can’t trust a man defending a lie that’s off by a factor of 80, who can you trust?'
Pressure on NST's hedge portfolio??
https://www.marketwatch.com/story/heres-the-secret-powell-trump-a...
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Last
$19.94 |
Change
0.240(1.22%) |
Mkt cap ! $28.51B | |||
| Open | High | Low | Value | Volume |
| $19.55 | $20.02 | $19.44 | $100.7M | 5.071M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2512 | $19.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.98 | 2000 | 1 |
View Market Depth
| Last trade - 16.18pm 05/09/2025 (20 minute delay) ? |
| NST (ASX) Chart |