The gold, silver, and bitcoin rally halts following the new hawkish Fed nominee pick, Warsh.

some record drops is what we're seeing in the metal space as that precious metal rally that we've seen all year long just unwinding in a severe form. Gold futures down 7%. Spot gold has seen its biggest drop since the early 80s.Also, silver seeing its biggest drop on record. Silver futures down more than 26% right now. Now, you could say that Trump's pick of the next Fed chair, Kevin Ward, he's seen as more of a hawk.So that doesn't bode so well if you're looking at a stronger dollar. But traders will tell ...