Who's Selling Gold Amid Yen Intervention and Fed Rate-Hike Doubts?

The post questions who is selling gold given Treasury Secretary Bessent's intervention in the yen and reported calls to Kevin Warsh to print dollars to buy yen, moves aimed at keeping U.S. rates from rising.
The author argues it's unrealistic to expect Warsh to hike rates, noting that Powell was perceived as a hawk who wanted to cut the Fed's balance sheet in half but ended up doubling it instead.
The view expressed is that Warsh will ultimately sacrifice the dollar to save the bond market, and that most investors don't own enough gold for what's coming.