$DOGE
🔥 The Fed Chair battle = life or death for markets? The real driver behind the precious metals surge might be THIS person
一起聊聊呗！
The fight over the next Federal Reserve Chair is heating up — and the precious metals market is already celebrating.
🟡 London gold has broken above $4,420/oz, hitting a historic high
⚪ Platinum is up more than 126% this year
Behind this frenzy, the market is betting on one key variable: who becomes the next Fed Chair.
Trump has openly called Powell a “complete idiot” and made it clear he wants a replacement who is willing to cut rates aggressively. He has even stated that immediate rate cuts are a hard requirement.
One of the most talked-about candidates, Hassett, has publicly supported rate cuts greater than 25 basis points, triggering intense market speculation about a policy shift.
By contrast, the current Fed — despite already cutting rates three times to 3.5%–3.75% — has hinted that next year’s cuts may slow. According to the latest CME data, the probability of no rate change in January is 79%.
Yet precious metals don’t seem to care.
Why? Because the market believes the short-term rate path doesn’t matter. Hassett is seen as the real catalyst — if he takes office, delayed but substantial rate cuts could eventually materialize.
This rally isn’t just about gold and silver anymore:
Platinum has surged past $2,000
Palladium is also exploding upward
A rebound in industrial demand combined with expectations of easing suggests that next year’s gains could even outperform gold and silver.
⚠️ But risks remain:
If Hassett fails to secure the position or loses support for aggressive cuts, precious metals could face sharp volatility and pullbacks
Forced rate cuts could reignite inflation, further undermining the Fed’s independence
Key questions: ❓ What are the real odds of Hassett being elected?
❓ Can aggressive rate cuts truly sustain a precious metals bull market?
❓ How long can platinum and palladium keep