John Paulson drops out of the operating for Treasury Secretary

Hedge fund titan John Paulson is dropping out of the operating for Treasury Secretary.

“My advanced monetary obligations would stop me from holding an official place in President Trump’s administration right now,” he stated.

Now that is clearly harm management as he lobbied arduous for the place however appears to have misplaced. Final week I highlighted that he was a gold bug and if he acquired the job it may very well be good for gold.

All indicators level to George Soros-acolyte Scott Bessent because the main candidate. He is a long-time FX and macro dealer, which after all means he is the proper man for the job.

This text was written by Adam Button at www.ubaidahsan.com.



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