The Latest Breaking News from Kevin Warsh

If your portfolio has taken a nosedive recently, you’re not alone. Some investors have taken to online platforms like Reddit to discuss their losses, with some citing as much as an 80% loss from their portfolio’s “top.” There’s a name behind the chaos, and it’s Kevin Warsh. When President Donald…

“Price action had long since detached from any sane discussion on debasement, but it often takes only a small ripple to trigger a broader correction,” noted Deutsche Bank’s Jim Reid.

March S&P 500 E-Mini futures (ESH26) are down -0.57%, and March Nasdaq 100 E-Mini futures (NQH26) are down -0.92% this morning, pointing to a lower open on Wall Street as investors continue to sell risky assets amid a rout in precious metals.

Gold rebounded on Tuesday after extended losses following Trump's nomination of Kevin Warsh as new Fed chair last week.

It was a night of poor taste and a big ego.

Trump’s pick of ‘respected central banker’ Kevin Warsh as Fed chair prompts investors to sell safe haven assets

Gold and silver prices recover early losses, after choice of Kevin Warsh as next Fed chair triggered heavy losses in precious metal prices

The price of gold fell from a record $5,600 to $4,770 per ounce. On Friday, the price of silver fell by 31%. This is the biggest percentage drop in the price of this bullion since March 1980. What could be the reasons for such declines?

After months of speculation, US President Donald Trump confirmed he will be nominating Kevin Warsh as the next chair of the US Federal Reserve. The appointment has been closely watched in the context of Trump’s ongoing conflict with the Fed and its current chairman Jerome Powell.

"Should Warsh find himself in the minority, he would have to decide whether he would tolerate being outvoted."

He wants it "fully and finally resolved."