Powell: we don’t comment on the dollar, it’s not our role. Gold hit a new ATH

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The quote appears to reference Fed Chair Jerome Powell’s recent comment during a press conference, where he suggested that surging gold and silver prices (now over $5,300/oz and $90/oz) aren’t driven by eroding US credibility, but other factors. Critics, like the poster, seem skeptical, viewing the rally as tied to political turmoil, including the DOJ’s probe into Powell and Fed independence concerns.

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