Bessent steps in to save the market, rescue long-term bonds, and lower long-end interest rates, all of which damage the credibility of the dollar. Economic data isn’t great, and inflation resilience is lacking. At this point, it’s even more certain—Trump will TACO before the midterms. Walsh plays the hawk, Bessent acts as the real dove to backstop. Just look at DruckenMille’s holdings, it’s clear—old friends. Still bullish on gold and Bitcoin.