Fed turmoil and too-low interest rates should boost gold prices, silver gains US critical mineral status – Heraeus | Metals Mine

  • Fed turmoil and too-low interest rates should boost gold prices, silver gains US critical mineral status – Heraeus

    From kitco.com

    Political interference with the Fed and the prospect of rates dropping too low to restrain inflation will be bad for the dollar but good for gold, while silver’s new U.S. designation as a critical mineral should boost demand even as the solar buildout slows, according to precious metals analysts at Heraeus. In their latest precious metals update, the analysts wrote that the Trump administration is disrupting the Federal Reserve. “Trump has sacked Fed governor Lisa Cook, who is taking legal action to defend her position, regarding incorrect mortgage filings that were revealed by the housing finance regulator,” ... (full story)

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