GOLD gold futures
Add to My Watchlist 0.51% ! $1,391.7

gold, page-20907

  1. timber1956
    7,424 Posts.
    lightbulb Created with Sketch. 152
    clock Created with Sketch.
    15/01/17
    18:34
    Post #: 21907319
    @11up

    "Just a book entry for the Fed."

    Spot on!

    In theory, the Fed could repurchase every US treasury bond on issue (uber QE) without adding one penny to M3. As long the coupon rates on those bonds are higher than the Fed Funds Rate, the Fed rakes in the money... $600 billion since 2009 and counting.

    The US government will never default on its debts.
    Last edited by timber1956: 15/01/17
    Likes Created with Sketch. 2  Upvote
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Listen: HotCopper Wire Podcast 017 – RBA holds the toppings
right-arrow Created with Sketch.
NEWS Johns Lyng Group enters scheme implementation deed with PEP
right-arrow Created with Sketch.
NEWS Blue Moon first wedge hole intersects 543g/t gold over 1.2m in laminated quartz vein
right-arrow Created with Sketch.
NEWS Rincon Lithium Project to be powered by 40MW energy infrastructure
right-arrow Created with Sketch.
NUZ Positive FDA feedback on NUZ-001 strategy to lift clinical hold
right-arrow Created with Sketch.
NEWS Significant gold intercepts below Samat and Sorowar pits in resource drilling update
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.