The market is betting real gold and silver on Powell, who is seen as being "extremely dovish"! Amid calls for division and reform, the Federal Reserve is facing a "changing of the guard" moment.

Finance and Economics APP learned that Kevin Hassett, director of the White House National Economic Council, is increasingly seen by the market as the hottest candidate to be the next Chairman of the Federal Reserve. When asked about this, Trump told reporters on Air Force One on Sunday, "I already know who I want to choose, yes, we will announce it." However, whoever Trump's final nominee may be, they will inherit a Federal Reserve with serious disagreements on the future path of monetary policy rates and facing calls for drastic reform.