Powell's recent comments actually align with Trump's position on monetary dynamics—though I'd frame things differently. What we're witnessing right now is straightforward: as gold hits record peaks, it reflects real concerns about market conditions. Here's the uncomfortable reality: current monetary policy remains too expansionary, and benchmark rates sit well below where they should be. These loose conditions create exactly the environment where safe-haven assets like gold attract serious capital flows. The market isn't wrong to react this way.