Scott Bessent Endorsed Gold? | Wealthion Flash Market Report

Apr 7, 2025

Brett Rentmeester from Windrock Wealth Management dives into the evolving perception of gold as a vital U.S. asset. He discusses Scott Bessent's surprising remarks on gold's relevance in today's financial landscape. The conversation touches on the potential for gold prices to soar, the implications of Trump's tariffs on future markets, and why central banks are boosting their gold reserves. Renting discusses defensive investment strategies focusing on hard assets and the intriguing undervaluation of silver, hinting at a possible shift for investors.

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ANECDOTE

Bicycles as a Store of Value

During Russia's 1998 financial crisis, a friend's grandmother bought 18 bicycles as a store of value.
This unconventional investment proved successful, highlighting the diverse forms that stores of value can take.

INSIGHT

Shifting Views on Gold

Scott Bessent's acknowledgment of gold's value represents a shift from previous administrations.
This suggests a potential recognition of gold as a strategic asset.

INSIGHT

Drivers of Gold Strength

Central bank gold buying and public awareness of economic instability are driving gold's strength.
Basel III regulations, allowing gold as a Tier 1 asset, also contribute.

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For years, gold was dismissed as a “pet rock.” Now, it’s being discussed as a strategic U.S. asset. In the premiere episode of The Wealthion Flash Market Report, Bristol Gold Group’s Trey Reik and Windrock’s Brett Rentmeester break down what could be a turning point for precious metals following U.S. Treasury Secretary Scott Bessent’s surprising comments to Tucker Carlson on gold’s role in the financial system.

They also discuss the Trump administration’s market shocking tariffs, what they mean for financial markets, and how investors should position their portfolios.

Topics discussed:

Windrock’s defensive strategy: hard assets, low correlation, and liquidity
What Trump’s tariff strategy means for markets in 2025
Gold reaching $15k?
Could the U.S. revalue its gold reserves to reduce Treasury bond issuance?
Why central banks are doubling down on gold
Silver’s historic undervaluation and the gold/silver ratio
Basel III’s hidden impact on gold as a Tier 1 asset

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Hard Assets Alliance - The Best Way to Invest in Gold and Silver: https://www.hardassetsalliance.com/?aff=WTH

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#Wealthion #Wealth #Finance #Investing #Gold #Silver #PreciousMetals #GoldInvesting #Macro #MarketUpdate #CentralBanks #EconomicOutlook #HardAssets #GoldVsDollar #PortfolioStrategy #ScottBessent #Windrock

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