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Trump’s Plan to Fire Powell & Launch a New Global Economy

ITM Trading's Photo
by ITM Trading
Friday, Apr 18, 2025 - 14:56

Peter Grandich joins Daniela Cambone to issue a stark warning: “The credit market just seized up overnight.” In one rare moment, stocks tanked, the dollar dropped, bonds caved—and only gold surged. No flight to safety. No Fed backstop. Just a silent, systemic alarm.

“We saw the stock market cave, the dollar cave, the bond cave—and gold go up a lot.”

And now? Trump is threatening to fire Powell, signaling not just political friction—but the unraveling of central bank credibility. Meanwhile, BRICS expands, U.S. allies drift, and former enemies like Japan and China are forming trade pacts without Washington.

As Grandich puts it: “If you believe more countries will want to deal with the U.S. after this... I’m not your guy.”

ABOUT ITM TRADING: For nearly 30 years, ITM Trading has provided trusted, data-backed research and investor education in the precious metals industry. They help clients nationwide build custom gold and silver portfolios designed to protect and grow wealth through economic downturns, inflation, and currency resets.

Contributor posts published on Zero Hedge do not necessarily represent the views and opinions of Zero Hedge, and are not selected, edited or screened by Zero Hedge editors.
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