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.