Gold Soars Above $1900 As US Dollar Plunges

serf

I wonder what will happen when the U.S. bails out  the cov19 Wuhan economy again for all the rich .the poor & the new poor middle class with no jobs? Go to war with China you think?

serf

https://www.zerohedge.com/markets/gold-soars-above-1900-usdollar-plunges

BobJudy

Still about $140 lower than its high in August of $2069. It seems to be bouncing around the $1900 range a lot for the last 2 months. Bob

serf

This directive is nothing but window dressing a big fat debt cycle that never ends. I wonder what comic book they are reading & expecting?

                              serf

  https://www.fxleaders.com/news/2020/10/09/feds-asset-purchases-to-ease-next-year/

A recent survey by the New York Fed reveals that Wall Street primary dealers expect the US central bank to start easing its bond purchase program starting next year and phase it out by the end of 2023. This sentiment received support from Dallas Fed President Robert Kaplan as well, who felt that there was no need to increase asset purchases and expressed support to pare down these purchases once the coronavirus crisis eases.