🔔Gold and silver continue to plunge overnight
The impact stems from Trump's latest statements.
• Trump officially selected Kevin Warsh for the position of Fed Chair for the next term.
• Trump stated he has known Kevin for a long time and believes he will be one of the greatest Fed Chairs.
• An army is advancing toward Iran, even larger than the Venezuela incident.
• Will discuss interest rate cuts with Kevin Warsh.
This news seems favorable for the crypto and gold markets, yet the price action is moving contrary to the news. Is this a case of price manipulation for political purposes?
Currently, the strength of the dollar is declining, and President Trump is seeking every way to improve the situation. Meanwhile, two nations are actively accumulating strategic gold and silver reserves, acting as major counterweights to the United States.
