E311 - Why Did Treasury Hire the Architect of a Gold-Backed Bond?
Published: October 9, 2026
Duration: 8:44
Why would the U.S. Treasury hire one of the most prominent advocates of gold-linked government debt at a moment when borrowing costs are rising and foreign central banks are accumulating physical gold?
In Episode 311 of The Secret War on Cash, Dean Heskin and Chris Agelastos of Swiss America Trading examine the appointment of economist and longtime gold advocate Judy Shelton as counselor to Treasury Secretary Scott Bessent.
Shelton has spent years arguing that gold should play a larger role in the monetary system.
One of her more unusual proposals involves Treasury Trust Bonds.
Her 2012 concept...
In Episode 311 of The Secret War on Cash, Dean Heskin and Chris Agelastos of Swiss America Trading examine the appointment of economist and longtime gold advocate Judy Shelton as counselor to Treasury Secretary Scott Bessent.
Shelton has spent years arguing that gold should play a larger role in the monetary system.
One of her more unusual proposals involves Treasury Trust Bonds.
Her 2012 concept...