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The re-appointment of Jerome Powell as Fed Chair suggests a guide far from even more radical, progressive monetary plans, which would simultaneously cause gold to rally and spell disaster for the world economy, said Todd "Bubba" Horwitz of BubbaTrading.com.
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0:00 – Fed activity
6:00 – Rising cost of living, economic situation
11:00 – Future
12:23 – Gold, silver, U.S. buck
#gold #silver #Fed
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This is 'horrible for the world economy' but also good for gold price - Todd Horwitz
The re-appointment of Jerome Powell as Fed Chair means a steer away from more radical, progressive monetary policies, which would simultaneously cause gold to rally and spell disaster for the world economy, said Todd "Bubba" Horwitz of BubbaTrading.com.
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Todd Horwitz on Twitter: @Bubba_Trading (https://twitter.com/Bubba_Trading)
0:00 - Fed action
6:00 - Inflation, economy
11:00 - Future
12:23 - Gold, silver, U.S. dollar
#gold #silver #Fed
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
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