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18,010 Posts.
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05/08/20
11:56
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The US GOP and DEM have come closer to an agreement, on the next stimulus package.
Its going to be closer to Dem's number of $3.4 Trillions than the GOP's $1 Trillions.
Meanwhile, the US Fed have signaled to the market, they will keep easing for a few years yet.
This is an acknowledgement that the US economy is stuffed and negative yield is going to be around for sometime.
Which (IMHO) should mean gold will climb further.
Until they have a vaccine, of course.