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Bessent Decodes Gold’s Rapid Fall

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Scott Bessent stands before a crowd, in front of a burning pile of gold bars.

Gold collapsed in just a few hours, surprising investors and analysts after a historic peak. This sudden shock revealed the speculative mechanisms shaking global markets. Amid the flood of interpretations, that of Scott Bessent, former strategist of the Soros fund and current advisor to the US Treasury, hits the mark. He accuses leveraged speculation by Chinese traders, amplified by margin tightening, for causing what he calls a "speculative blow-off."

L’article Bessent Decodes Gold’s Rapid Fall est apparu en premier sur Cointribune.

6h ago
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