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Gold and Silver Cap a Strong Week as Dollar Faith Wavers, Warsh Faces First Test at Jackson Hole - KITCO

Source: KITCO

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DW NOTE

Kevin Warsh inherits a Fed balance sheet still holding $6.9 trillion in assets after fifteen years of "temporary" interventions, now managing markets through the closure of the Strait of Hormuz with rates unchanged at 5.25–5.50%. Gold rallied 6.77% this week to $4,677 while the VIX sits at 15.26 — a crisis discount that only makes sense if you believe central banks control reality itself.

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Gold and Silver Cap a Strong Week as Dollar Faith Wavers, Warsh Faces First Test at Jackson Hole - KITCO

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Hedge Funds Pile Into Fuels as U.S. Supply Squeeze Deepens

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