In a shock that ripped through the financial markets, silver saw its worst single-day drop since 1980, plunging by a staggering 30%. Compounding the metal market mayhem, gold also tumbled, intensifying investor anxiety. This surprising turn of events was influenced by the calming effect of Warsh’s selection, which eased fears about the Federal Reserve’s independence. Kevin Warsh, a former Fed governor known for his hawkish views, has been chosen for a pivotal role at the institution, causing ripples of relief. Despite ongoing uncertainties, experts maintain a cautiously optimistic outlook, believing this may serve as a necessary correction enabling future stability. Read More
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