Quantitative easing (printing money). Interest rates fall, Bonds are up, Stock Markets up and of course with printing of money, Gold and Gold Stocks rocket up. Gold stocks up ~10% on the day.
Is it surprise? Think not....it was just a matter of time. We know the new US administration and direction that it is heading and what it means. So....there are no real surprises coming.
China must be real happy.
US Fed to Buy $300 Billion of Longer-Term Treasuries
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