Peter Schiff, a prominent U.S. securities broker, commented on the impending retirement of Federal Reserve Governor Raphael Bostic, suggesting it could lead to significant market shifts. Schiff noted that this development might allow President Trump to appoint a successor more aligned with his policies, potentially resulting in a more dovish Federal Reserve. The market is reacting to these speculations with expectations of a weaker U.S. dollar, which could drive gold prices up by over $40. Schiff's remarks highlight the potential for increased volatility in the financial markets as investors adjust to the anticipated changes in Fed leadership and policy direction.