Trouble at the Fed supports gold and silver | Metals Mine

  • Trouble at the Fed supports gold and silver

    From home.saxo

    President Trump’s attempted—and legally contested—removal of Fed Governor Lisa Cook is less about an individual and more about the institution. Whatever the legal outcome, the signal is clear: political pressure on the central bank is rising, and it may over time introduce an “independence premium” into U.S. assets—supportive for gold in particular—because investors hedge governance risk with real assets. The initial reaction has been a cautious recalibration rather than a panic: gold firmed, front end yields wobbled lower on earlier cut chatter, while risk assets lost some altitude. From here, two ... (full story)

Comment Options
  • Story Stats

  • Related Stories