Fed sends surprising message on gold and silver price surge
Yahoo Finance·2026-01-29 22:47

If Powell was trying to calm things down, it didn’t work on the hard‑money crowd. Peter Schiff, who has been hammering the case for gold and silver for years, immediately framed the market’s reaction as a referendum on the Fed.When I put those pieces together, it feels like the Fed is quietly saying, “We see it, but we’re not going to let gold bully us,” which is not the message metals traders wanted to hear.The combination of rate‑cut expectations, geopolitical stress and central‑bank diversification has d ...