Let me first state my conclusion: precious metals are only temporarily in shock, and there is a high probability they will continue to rise, reaching 8000 in 2-3 years.

My reasoning process:

1. Assume Kevin Warsh comes to power and tightens monetary policy

Using future dollars that will be worth more

To pay off the previously flooded U.S. debt

The outcome is particularly good: liquidity in U.S. assets dries up, a complete collapse across the board, the government permanently shuts down, the dollar exits the historical stage, and the world returns to the gold standard. Any country without sufficient gold reserves will become a third-rate country, so the logic of central banks continuing to buy gold still holds, and gold remains strong.

2. Assume Kevin Warsh comes to power and implements QE

Using worthless dollars

To pay off the flooded U.S. debt

This can continue to extend life for America

Commodities + U.S. stocks continue to rise and thrive,

Brothers, this is likely the path, even if he is a hawk, but hawks are also part of the faction, doing whatever it takes, he is just a bachelor commander.

So, no matter how you choose, debts must be repaid and water must be released. Even if Trump chooses Reagan, it will be the same for you, watch and see baby!