This is ‘horrible for the world economy’ but also good for gold price – Todd Horwitz

Kitco News, Released on 11/28/21

The re-appointment of Jerome Powell as Fed Chair means a steer away from more radical, progressive monetary policies, which would simultaneously cause gold to rally and spell disaster for the world economy, said Todd “Bubba” Horwitz of BubbaTrading.com.

0:00 – Fed action
6:00 – Inflation, economy
11:00 – Future
12:23 – Gold, silver, U.S. dollar

Todd Horwitz — known as Bubba — is chief market strategist of BubbaTrading.com. He is a regular contributor on Fox, CNBC, BNN, Kitco, and Bloomberg. He also hosts his daily podcast ‘The Bubba Show.’ He is a 36-year member of the Chicago exchanges and was one of the original market makers in the SPX.

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