Some interesting coincidences…
“We are going to have to do some kind of big global economic shake-up.”
Scott Bessent, the new Treasury Secretary, finds himself at the forefront of handling the monumental task of selling trillions dollars of US government bonds.
Japan is grappling with a dramatic currency crisis, which has prompted the government to intervene repeatedly to support and stabilize the yen.
In recent years, Japan has spent more than $100 billion to support its currency, a staggering figure.
China has actively reduced its exposure to U.S. debt as it works to dedollarize, protect its economy from possible sanctions, internationalize its currency and deal with escalating tensions over Taiwan .
What report will you tell me?
The future Treasury Secretary declared himself in favor of the issuance of very long-term bonds by the United States, an idea already considered under the Trump administration by Steven Mnuchin.
However, an interesting proposal is now being publicly debated by Judy Shelton, former economic advisor to the US president.
Indeed, it recommends the creation of a Treasury instrument allowing the convertibility of the dollar into gold at maturity:
Judy Shelton recently shared a tweet regarding the issuance of a 50-year Treasury bond, convertible into gold, which could be introduced by Donald Trump on July 4, 2026:
This would undoubtedly attract worldwide attention.
Scott Bessent, passionate about economic history, certainly understands the essential role of gold in the international monetary system.
This proposal comes at a time when central banks are increasingly diversifying their strategies and turning to tangible assets like gold.
Over the past three months, global gold demand reached a third-quarter record high of 1,313 tonnes, up 5% from a year earlier:
BRICS appears to have adopted gold as a cornerstone of its financial strategy, making the UAE a veritable gold hub in Asia within the bloc's new economic corridor.
The United Arab Emirates is now positioned as the second largest global gold trading center, ahead of London and just behind Switzerland.
The West must act without delay to restore monetary integrity, and physical gold, recognized as a safe and proven store of value, could play a central role in this effort.
Time is running out.
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The information contained in this article is purely informative and does not constitute investment advice, nor a recommendation to buy or sell.
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