Scott Bessent casually says the U.S. has more than $1 trillion in gold—and that it doesn’t matter for the dollar

A strategist asserts that China is winning the conflict in the Middle East, which will trigger a revolution in the world order. This shift is expected to make gold the primary winner, with predictions suggesting it could hit $15,000 by December, while the US dollar becomes the loser. Meanwhile, Scott Bessent notes that the U.S. holds over $1 trillion in gold, though he argues this specific reserve does not impact the dollar's status.