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“We’ve said that we would begin to reduce our asset purchases when we feel that the economy has achieved substantial further progress measured from last December. We’re in active consideration of that now” Jerome Powell, US Federal Reserve Talk is beginning to surface about whether President Joe Biden will replace Powell at the end of his term as Fed chair in February. Powell has held the position since February 2018.  With the gold price improving, how is its sister metal silver doing? The white metal has had a bumpy ride in 2021, but so far in July it’s mostly kept above US$26 per ounce.

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