Home News “The Fed Is Now All-In. It’s No Surprise That Gold Is Up...

“The Fed Is Now All-In. It’s No Surprise That Gold Is Up $42 In Response.”

April 9, 2020

“The Fed is now all in. It’s no surprise that gold is up $42 in response.”

What A Day

April 9 (King World News) – Peter Boockvar: Initial claims totaled 6.61mm, about 100k more than expected but down slightly from the 6.65mm seen last week. Continuing claims, delayed by a week, rose to 7.46mm from 3.06mm last week but that was less than the estimate of 8.24mm. Bottom line, it is what it is but a reality we are well aware of. Because of expanded unemployment claims and a view towards the other side of this virus, the market has shifted its attention to what comes next.

Continue Reading at KingWorldNews.com…

Financial Survival Network (FSN) content is informational only and based on information available at the time of creation. It is not an offer or solicitation, nor does it provide investment, tax, or legal advice. It may not consider your specific financial circumstances or objectives and may not be suitable for you. FSN content is not a recommendation to buy or sell any securities. Readers should consult their own professional advisers and conduct their own independent investigations before making any investment decisions. FSN does not guarantee the accuracy or completeness of its content or any third-party information it uses, which has not been independently verified by FSN. Readers are cautioned not to rely solely on FSN content for investment decisions.

FSN and its owner may have financial interests in the companies discussed and may trade such securities without prior notice. FSN is funded by sponsor advertisements, with payments ranging from five to ten thousand dollars monthly. FSN does not charge its viewers/listeners/readers any fees. By accessing FSN content, users agree that FSN and its affiliates are not liable for any inaccuracies, omissions, or representations in the content provided.