Precious metals investment terms A to Z

Jerome Powell

Jerome Powell was born on February 4, 1953 in Washington, D.C. He does not own a Ph.D. in economics – instead, he earned a Juris Doctor degree from Georgetown University Law Center in 1979. Under President George H. W. Bush, he worked as Undersecretary of the Treasury. He also has rich experience in private sector – for example, in 1997-2005, he was a partner at the Carlyle Group, a New York-based private equity firm.

He is the current Federal Reserve Governor – he took office on May 25, 2012, to fill the unexpired term of Frederic Mishkin. In 2014, he was nominated for another term ending January 31, 2028.

On November 2, President Donald Trump nominated Powell to be the next Fed Chair. He took office on February 5, 2018, replacing Janet Yellen on that position.

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Juniors (also known as junior mining stocks) are low cap (with market capitalization usually under 500 million), and thinly traded (daily volume usually under 700,000) exploration companies searching for new deposits of precious metals. Junior mining companies strive to acquire properties that are believed to have a big probability of including large resource deposits.

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tops prediction corrections in gold

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