Gold Gains As Fed QE Commitment Crashes Dollar
Tyler Durden
Wed, 06/10/2020 – 14:21
In what seems to amount to implicit debt monetization, The Fed’s commitment to buying $80 billion a month of Treasuries appears to have awakened some further anxiety over the future of fiat.
Gold is surging, the dollar is down…
…bonds are undecided and of course Nasdaq is flying…
At what point do these two series converge?
via ZeroHedge News https://ift.tt/3dQmv57 Tyler Durden