The Status Quo Changes Things? SchiffGold Friday Gold Wrap Nov. 26, 2021

The Status Quo Changes Things? SchiffGold Friday Gold Wrap Nov. 26, 2021

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Earlier this week, President Joe Biden announced Jerome Powell will serve a second term as chair of the Federal Reserve. In effect, Biden stuck with the status quo. But the markets reacted as if big changes are afoot. Gold sold off hard, falling back below $1,800 an ounce. In this episode of the Friday Gold Wrap podcast, host Mike Maharrey talks about Powell’s appointment and the market’s reaction to it.

The SchiffGold Friday Gold Wrap podcast combines a succinct summary of the week’s precious metals news coupled with thoughtful analysis. You can subscribe to the podcast on Apple Podcasts and Stitcher.

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Silver Demand Expected to Exceed 1 Billion Ounces in 2021

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