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https://www.zerohedge.com/news/2026-07-15/treasury-secretary-talking-about-gold-pay-attention Is the Trump administration planning to link the $USD to gold again? Treasury Secretary Scott Bessent appeared on Fox News business yesterday. During the conversation with Jesse Waters, he made several key statements. One of them… “we [the $USD] used to be backed by silver, sometimes gold.” And a few moments later regarding Fort Knox… “all gold is present and account for… the U.S. has the largest pile of gold in the world, over a $1 trillion at current market value.” These are major statements by the Treasury Secretary. For one thing, Bessent puts to rest conspiracy theories that the U.S. no longer has its gold holdings in Fort Knox. This signals that the $USD remains strong as the reserve currency of the world, backed not only by the full faith and credit of the largest most dynamic economy, but also by the largest gold holdings. As for the comment that the $USD “used to be backed by silver, sometimes gold,” this is a remarkable statement for many reasons. First and foremost, rarely if ever do you hear major financial insiders talk about the fact that the $USD was previously backed by silver and gold. Granted the comment was made in regard to displays of the U.S. currency over the years, but this is still a major admission of a fact many Americans don’t know. Moreover,

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