Did US Treasury Just Intervene In Gold Market To Start Enacting Stephen Miran's Gold-to-FX Playbook

May 8, 2025

We've seen a lot of unusual activity in the gold market over the past few months.

And a fund manager named Michael McNair is looking at some of the footprints, and believes the US treasury may have already begun implementing chairman of the Council of Economic Advisors Stephen Miran's 'gold-to-FX' playbook.

Arcadia Economics

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A single ounce of gold (about 28 grams) can be stretched into a gold thread 5 miles (8 kilometers) long.
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