May 9, 2026

Treasurys

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Iran war not to end soon? Treasury’s Bessent says US has ‘plenty of money to fund this war’

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US treasury secretary Scott Bessent on Sunday said the United States has “plenty of money to fund” its war against Iran, asserting that President Donald Trump is keeping “all options on the table” amid the ongoing Middle East conflict.Speaking to NBC News, Bessent defended the administration’s actions, saying Trump acted within his legal authority. “President…

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Gold price rally impact: US Treasury’s gold reserves cross $1 trillion in value; over 90 times fixed value of $11 billion

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The United States maintains a unique system where gold is held directly by the government rather than the central bank. (AI image) Gold prices have been reaching new lifetime highs and the value of gold reserves with countries is surging as well! The US Treasury’s gold reserves have crossed $1 trillion in value, marking a…

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