Big sell-offs in gold and silver are scary. They're unnerving. And they are inevitable.

In this episode of the Midweek Memo podcast, host Mike Maharrey puts the recent correction in gold and silver in perspective.

The announcement of Keven Warsh as Trump's new Federal Reserve Chairman spooked the markets because of his perceived hawkishness, and that sparked the sell-off. Mike explains why it was an overreaction, and that hawkishness probably won't matter when Fed policy meets current economic realities. He also shares some other thoughts about the sell-off, adding additional perspective for your consideration.