Powell: Opening Remarks | Metals Mine

  • Powell: Opening Remarks

    From federalreserve.gov

    I am deeply honored to have been asked to speak here today about the remarkable legacy of George Shultz. Just to be clear, I will not address current economic conditions or monetary policy. I have been an admirer of George Shultz since my college years. I saw him then and now as a great role model, as I mentioned a few months ago when delivering the Baccalaureate address to Princeton's class of 2025, 50 years after my own graduation. As I told the graduates, when I faced the world after college, I had no real plan, but knew that I wanted to combine a private-sector career with public service. I had in mind a few ... (full story)

Added at 7:03pm

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Bakker
Dec 1, 2025 7:26pm
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Quoting Trader#8CF4
{quote} did you even read the article???? "Just to be clear, I will not address current economic conditions or monetary policy."
Let me spell it out for you. Even if he didn't touch on economic conditions he "shook gold a bit". Does it sink in now??
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future911
Dec 1, 2025 7:07pm
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Go to sleep Powell it’s Ueda’s turn
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Bakker
Dec 1, 2025 7:13pm
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But he shook gold somewhat!
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seantrades
Dec 1, 2025 7:39pm
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Quoting future911
Go to sleep Powell it’s Ueda’s turn
Right it's too late in the day for him.
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Trader#997D
Dec 1, 2025 7:51pm
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Quoting Bakker
But he shook gold somewhat!
I’d say that was a pre planned stop run to screw over weak longs. Just like last night when they took several stocks down in low volume after hours trading. These guys make a killing by playing games in off hours. I watched them take Nvidia down to about 174 on nothing, buy all they wanted, then sold it above 180. That’s why you see banks have good trading profits, it’s not by accident. It’s hard to move things during the American session but easy overnight.
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Ericedge
Dec 2, 2025 3:04am
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Economic statement from key bank officials can distort trend temporarily but It cannot change the market established trend.
Trader#8CF4
Dec 1, 2025 7:14pm
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Quoting Bakker
But he shook gold somewhat!
did you even read the article???? "Just to be clear, I will not address current economic conditions or monetary policy."
Reply
Trader#BB58
Dec 2, 2025 2:02am
Permalink
I’d say that was a pre planned stop run to screw over weak longs. Just like last night when they took several stocks down in low volume after hours trading. These guys make a killing by playing games in off hours. I watched them take Nvidia down to about 174 on nothing, buy all they wanted, then sold it above 180. That’s why you see banks have good trading profits, it’s not by accident. It’s hard to move things during the American session but easy overnight.
Reply
Trader#CDDE
Dec 1, 2025 7:57pm
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But usd is declining against gbp
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Trader#4B5A
Dec 2, 2025 6:52am
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Quoting Trader#CDDE
But usd is declining against gbp
Yes, you are right.
But maybe an EUR/USD long seems stronger than a GBP/USD long.
What do you think?
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Trader#B90D
Dec 2, 2025 9:51am
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I call him OnvariNezhad. like Ahmadi nezhad of Iran. He does not know what he is doing. May Trump fuck him off
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Trader#D509
Dec 1, 2025 7:33pm
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Powell is a lame duck, he doesn’t matter anymore. Rates will be at least a point lower next year, dollar will not do well but equities will go higher than anyone expects.
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