The nomination of Kevin Warsh is still subject to approval from the US Banking Committee. He is an unknown element. In the past, he is considered a hawk when he was in the Fed. However he may change his stance to be dovish as Trump wants interest rate cut to be as low as 1%.
Whether Kevin Warsh is a hawk or dove, the US is still running trillion dollar deficits year after year. The US is on track to pay over USD 1 trillion per year in interest alone. In FY 2025, interest payments reached USD 970 billion.
This environment is historically bullish for Gold and Silver.
Gold and Silver are not just trades. They are safe haven assets to hold when there is geopolitical instability, trillion dollar deficits & currency debasement.
Gold and Silver are Trust assets.
@Tiger_comments @TigerStars @TigerClub @Tiger_SG @CaptainTiger
Comments