Gold Jumps As Trump Says "Very, Very Close" To Fed Chair Decision
The Dollar index dropped and gold jumped as President Trump told reporters during a meeting with the prime minister of Singapore that he was "very very close" to a decision on who would be the next chair(person) of The Fed...It's temporary
Jerome Powell continues to be the front-runner...
keep in mind:
Powell = bullish
Taylor = more bullish
Powell + Taylor = super bullish
*Powell 59%
source: predictit
The Dollar index dropped and gold jumped as President Trump told reporters during a meeting with the prime minister of Singapore that he was "very very close" to a decision on who would be the next chair(person) of The Fed...It's temporary
Jerome Powell continues to be the front-runner...
keep in mind:
Powell = bullish
Taylor = more bullish
Powell + Taylor = super bullish
*Powell 59%
source: predictit
Comment:
as expected. gold slump
