The Kobeissi Letter|Jan 29, 2026 05:45
Did Powell and Trump just agree on something?
President Trump yesterday: US Dollar is "doing great."
Fed Chair Powell today: Gold rally "doesn't mean much macroeconomically."
Apparently, it's completely normally when the US Dollar loses -11% in 12 months and gold adds +$1,000/oz in 28 days.
What a time to be an investor.(The Kobeissi Letter)
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