Have to say, Walsh and Besant, as Trump's right-hand men in managing financial power, really know their stuff and work seamlessly together. At a time when Walsh still can't fully control the Fed and the Fed's credibility is damaged, making rate cuts impossible, Besant directly stepped in to suppress long-term U.S. Treasury yields. Just now, they managed to push the 30-year Treasury yield down from 5.3% to 5.2%, and the 10-year Treasury yield from 4.7% to 4.6+%. The impact was immediate. Plus, at 1:00 AM Beijing time on August 20, there's a $16 billion auction for 20-year Treasuries, and at 2:00 AM, the Fed minutes will be released. So this expanded repo information might not drive risk assets up significantly but is more likely to create room for hedging in advance. As for specific strategies, considering that the gold storage concept has hit a short-term resistance level, it might actually be better to take this opportunity to short at the highs. This kind of policy intervention is similar to the U.S.-Japan joint intervention in exchange rates—it can only brake in the short term but can't reverse market trends. @BITstocks_CN Buy U.S. stocks on BIT, 10,000+ U.S. stocks and ETFs, real holdings, enjoy dividend payouts.