Fed Pours $2.3 Trillion More onto Economy Bonfire, Buys Junk Bonds

9:44 AM

First published by Money Metals here: https://www.moneymetals.com/podcasts/2020/04/10/gold-7-year-high-silver-trims-losses-002007

Wild price action and unprecedented interventions once again characterized this holiday-shortened trading week. Oil prices whipsawed lower Thursday on concerns about expected oil production cuts from Russia and Saudi Arabia. But the general trend for most other assets, including metals and equities, was up – way up.

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