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The Treasury Tried To Stop This And It Didn't Work | Gold Above $4,600
16 minutes Posted Aug 22, 2026 at 12:00 am.
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A war didn't lift gold. The highest long yields in 19 years didn't sink it. And the US Treasury, which has spent decades promising to be predictable, surprised the market on purpose. Gold finished the week above $4,600. US public debt passed $40 trillion for the first time. And Kevin Warsh gives his first Jackson Hole keynote as Fed chairman on August 28. Gary Wagner, Ole Hansen and Thomas Kaplan each sat down with Jeremy Szafron this week. None of them spoke to each other. All three said a...