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Bessent vs Bond vigilantes, 30y back to 5.25%..! / USD weaker, PM's rally hard, BTC on Genuis act, debasement trade 2.0 !!
- sc0172
- 11 minutes ago
- 3 min read
Debasement trade is back on, GOLD, BTC etc..
Bessent: "Our message to our allies, our trading partners, is that global growth is the way to take care of this mountain of debt" >>> don’t know about you, but the more I listen to Bessent—and genuinely try to understand what he is saying—the more it comes across as desperation: talking endlessly about anything and everything, while mumbling through it all with his rather smug face, losing the market's respect...
US Treasury Secretary Bessent: There's a very good chance we have seen a peak in the fiscal deficit ... (Bookmark this one!)...
Markets : 'the' trade ''Long gold/ short @SecScottBessent'' and/or the return of the 'debasement trade', by the way the U.S (not only..) will NEVER repay the huge amount of debt, debt is repaid by 'inflation', GOLD is real value, fiat currencies-money debases, not sur anyone can stop this... OWN GOLD (silver, PLAT, PALL..etc..), #BTC up on U.S. Treasury Department proposes GENIUS Act stablecoin rule, UK consumer confidence improves, crude on 1month high too not helping the inflation outlook + commods rally, copper etc.., #USD ''debasement'' trade more real than ever, again...It's either the bond market you protect or the currency... the USD is the natural release valve IMHO...
Gold, the first battle of critical minerals war begins! The United States imposes sanctions on Chinese gold companies, and the China Gold Association solemnly declares
The price of a pound of ground beef is close to $7/lb..sky is the limit !
Jeff Currie : Wake up, folks. Commodities are telling you something, and yesterday the Treasury confirmed it / Thread
Stan Druckenmiller told Scott Bessent exactly what it would take to stop Washington from spending: "the clowns in Washington - unless they get a signal from the bond market, they're just going to keep spending" - video
Texas has now halted up to 1,800 data center projects
Switzerland, China agree on a trade deal giving 99.8% of Swiss exports duty-free access to Beijing
''band-aid on a bullet hole'.... Scott Bessent takes on bond vigilantes in $32tn Treasury market
Сarm1ne on X: "Stan Druckenmiller told Scott Bessent exactly what it would take to stop Washington from spending: "the clowns in Washington - unless they get a signal from the bond market, they're just going to keep spending" this is him explaining the arithmetic nobody runs on corporate https://t.co/qvll2IV8Ky" / X
Megatron on X: "🇺🇸🇨🇳 The Chinese are now making fun of the US financial situation and the massive $40 trillion debt https://t.co/TJH72SepYR" / X
James E. Thorne on X: "Ignore Bessent at Your Peril Machiavelli’s central lesson of statecraft was simple: dangers seen from afar can be managed; dangers ignored until they are obvious become unmanageable. Wall Street should apply that rule to Scott Bessent. Ignore him at your peril. The bond market https://t.co/BBVzxhPnZc" / X
This is fiscal dominance with a digital dimension. Treasury increasingly sets the incentives; the Federal Reserve reacts within constraints shaped by debt service, market functioning and dollar strategy. Wall Street keeps parsing buybacks, currency intervention, stablecoin legislation and Bitcoin as unrelated events. They are not. Debt is the constraint. Yield management is the response. Digital dollars are the distribution channel. And Bessent is defining the rules.
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