Jim Rickards
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So does her vote count?
Is there a vacancy?
And if she votes for the rate cut and then is subsequently determined that she was fired, does that void the meeting?
I mean, this is all unprecedented, by the way.
I'm asking these questions, but I want to say this has never happened before.
But so that uncertainty factor surrounding whether she is or is not a member of the FOMC and the Board of Governors is now affecting the markets.
And it's one of the reasons gold just hit an all-time high today.
It might have backed off a couple of bucks, but it ticked 3501.
earlier in the training.
That is an all-time high.
Well, that's right.
So they meet for two days.
So one day they close the door and they talk about it.
The next day they announce what they're actually doing.
And there is a division.
You've got Waller and Bowman, who are two Trump appointees, 150.
I think Powell will go along with 25.
So you're going to get a good debate about that.
We'll see what happens, but my forecast is 25, but there is a debate about 50.
You're right about that.