Gold Surges Due To Troubled Fed Repo & U.S. Treasury Market

8:10 AM

First published by Money Metals here: https://www.moneymetals.com/news/2020/01/03/gold-price-increase-001939

Gold continues to move higher due to trouble in the Fed Repo and U.S. Treasury Market. In the first hour of business today, the Fed has already injected $57 billion in the Repo Market. While the Fed’s Repo Market injections didn’t spike during the last few days of 2019, as many analysts forecasted, there’s still BIG TROUBLE ahead.

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