You are here

Gold bonds advocate Judy Shelton joins Treasury Department

Section: Daily Dispatches

From VBLGoldFix, Substack
Thursday, October 1, 2026

Judy Shelton has joined the Treasury Department as counselor to Secretary Scott Bessent, bringing an advocate of gold-convertible government bonds into his office as inflation and deficit concerns drive up U.S. borrowing costs.

The New York Times' DealBook column reported her appointment on Sept. 16, alongside rising bond yields despite Treasury's multibillion-dollar buybacks. Bessent defended those purchases, saying yields would have been higher without them. The Independent Institute also lists Shelton as counselor to the Treasury secretary.

... Dispatch continues below ...


... ADVERTISEMENT ...

Fisher Precious Metals offers great prices
with personal service from a family team

Family-owned and operated Fisher Precious Metals is a great low-cost source for precious metals -- coins, rounds, and bars. But we also get you the highest prices available when you sell your precious metals.
 
Expect a personal approach with Fisher Precious Metals. You can always speak directly with the owners within 24 hours if not immediately. We provide you a team you can get to know and call at any time to discuss your investments with no pressure to buy.

Check our Google reviews to see what our clients have to say:

https://g.page/FisherPreciousMetals?share

Contact us at 1-800-390-8576 or Info@FisherPM.com or visit us here:

https://fisherpreciousmetals.com/


Shelton proposed Treasury Trust Bonds in a 2012 Cato Journal paper: zero-coupon securities repayable in dollars or a specified quantity of gold at the bondholder's choice. The structure would protect lenders against the dollar losing value relative to gold. ...

... For the remainder of the report:

https://vblgoldfix.substack.com/p/gold-bond-advocate-judy-shelton-joins

* * *

Join GATA here:

New Orleans Investment Conference
Hilton New Orleans Riverside Hotel
Wednesday-Saturday, October 28-31, 2026

https://neworleansconference.com/gata/

* * *

Support GATA by purchasing
Stuart Englert's "Rigged"

"Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon:

https://tinyurl.com/3xt6uw66

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Donations of $500 or more will entitle the donor to a 1-ounce silver round commemorating GATA's work:

https://www.gata.org/sites/default/files/GATA-silver-round-front.png