The Weekly Insight
The Weekly Insight Podcast brings you weekly information about what you need to know about what is going on in the market every week.
The Weekly Insight
The Dollar Trilemma (And Why Precious Metals Just Tanked)
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Andrew Dorr
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Markets have been pricing in a weaker dollar for months. Gold, silver, and Bitcoin all jumped in value. And traders were expecting a Fed chair announcement that would continue that theme. Instead, they got Kevin Warsh – a hawk whose resume screams “strong dollar”.
The result? More than $8 trillion in paper wealth vaporized as gold, silver and Bitcoin all retreated. But the issues that caused the price spike haven’t gone away.
Read more here: https://insightwealthgroup.com/the-weekly-insight-the-dollar-trilemma-and-why-precious-metals-just-tanked/
