Gold Jumps as Treasury Buybacks Revive Debasement Concerns

Published on August 21, 2026

Gold climbed to the highest in three months as the US Treasury’s bold intervention to try to stem a damaging increase in borrowing costs revived investor fears about its fiscal burden.

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Bitcoin on Track for Biggest Weekly Gain in Over Three Years

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Market exuberance returned to cryptocurrencies when US Treasury Secretary Scott Bessent announced Wednesday the department would at least double the size of its long-dated bond buybacks, triggering an upswing that forced traders to liquidate billions in short positions.

Keeping The Pace Up

August 21, 2026
Outdoor sports and exercise are more difficult at the height of summer. Runners slow their paces, and teams start their practices early to beat the heat. Competitors must marshal their energy carefully to perform at their best.