The Treasury’s Next Move Isn’t a Rate Cut. It’s a $967 Billion Checking Account.

Two senior Treasury officials say a nearly $1 trillion cash account could help fund the bond buyback program starting September 9. Here is why the funding source matters more for gold and silver than the headline dollar figure.

Gold and Silver Pulled Back Today. The Treasury’s Plumbing Explains Why.

Five things moved in gold and silver today: the price action, the ratio, a new Treasury financing detail, the dollar, and this week’s remaining catalysts. All five trace back to one mechanism, not five separate stories.