Odaily Planet Daily News: In view of the fact that Trump has recently frequently sent danger signals to Federal Reserve Chairman Powell and threatened to fire him if he does not cut interest rates, analysts at Goldman Sachs warned that once the Fed loses its independence, the market will face extreme volatility.
Goldman Sachs expects that in extreme tail risk scenarios, such as increased market attention to the risks of Fed subordination or changes in US reserve policy, central bank demand continues to rise to 110 tons/month, the US recession brings ETF holdings to the level of the epidemic period, and speculative positions reach the top of the historical range, the gold price may be close to US$4,500/ounce by the end of 2025. (Wall Street News)