CITI SAYS ITS BASE CASE 0-3 MONTH TARGET IS NOW $5,000/OZ FOR GOLD, AND $100/OZ FOR SILVER
CITI SAYS SILVER TO CONTINUE TO OUTPERFORM GOLD
— *Walter Bloomberg (@DeItaone) January 13, 2026
Jerome Powell is under criminal investigation.
The DOJ served grand jury subpoenas on the Federal Reserve three days ago.
In 8 days, the Supreme Court hears the first case in 112 years testing whether a President can fire Fed governors.
$4 trillion in duration positions are pricing rate cuts.
They are not pricing the 30% probability that the institution setting those rates loses its legal independence.
MOVE index: 65.82 Four-year low.
Historical base rate when central bank independence erodes: 71% resulted in significant inflation.
Turkey went from 10% to 85% in 18 months once the constraints failed.
Powell’s chair term expires 15th May 2026.
The credibility premium is the most asymmetric mispricing of 2026.
Full institutional analysis: https://open.substack.com/pub/shanakaanslemperera/p/the-credibility-premium?r=6p7b5o&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true
Jerome Powell is under criminal investigation.
The DOJ served grand jury subpoenas on the Federal Reserve three days ago.
In 8 days, the Supreme Court hears the first case in 112 years testing whether a President can fire Fed governors.
$4 trillion in duration positions are… pic.twitter.com/WINp88pPmN
— Shanaka Anslem Perera ⚡ (@shanaka86) January 13, 2026
JUST IN 🚨: Global Central Bankers come out in defense of Fed Chair Jerome Powell 👀 pic.twitter.com/Zyp3nhkzNm
— Barchart (@Barchart) January 13, 2026
🔴Japanese government bonds SELL-OFF is intensifying:
Bonds are FALLING as rising political risks reignited fears over Japan’s fiscal path.
The 30-year yield rose +12 basis points, to a record 3.52%, while the 40-year yield hit a record 3.79% amid speculation that Prime… pic.twitter.com/gqsgn9CUcc
— Global Markets Investor (@GlobalMktObserv) January 13, 2026