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Gold and silver take the highway to hell after a stairway to heaven
There's a lady who's sure all that glitters is gold and she's buying a stairway to Heaven -Led Zepplin Gold and silver dropped sharply on Friday with analyst siting that markets reacted to the news that President Donald Trump had selected Kevin Warsh to replace Jerome Powell as head of the Federal Reserve. However, that is only partially true. "I have known Kevin for a long period of time and have no doubt that he will go down as one of the GREAT Fed Chairmen, maybe the best," Trump said in a post on the social media platform. However, Gold fell below $5,000 earlier in the day ahead of Trump's announcement on Truth ... (full story)
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From morningstar.com | Jan 31, 2026
The brakes were pumped on the breathless rally for gold and other precious metals Friday as investors weighed the implications of Kevin Warsh's nomination as the next Federal Reserve chair. Traders pointed to President Donald Trump's pick of Warsh as Fed chair as the catalyst for the bounce in the U.S. dollar Friday, said Michael Armbruster, co-founder and ...
From youtube.com/cmegroup | Jan 31, 2026
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