On Tuesday next week the fed will inject $8.3 Billion
On Thursday next week the fed will inject $6.9 Billion
Overall this type of Fed action is generally positive for gold & silver. Liquidity injections expand the money supply which overall can weaken the U.S. dollar & stoke inflation concerns. (Both are key drivers that boost demand for precious metals as hedges)
Fed Injections next week & how it will affect precious metals
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Posted by SatisfactionHour6586
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Watch the DXY
If you don’t understand ask Gemini
Silver has been rallying due to supply & demand issues, fear of the dollar, chinas strict new export controls, & the commex being short 212 million ounces on silver. The banks are trapped & the tarrifs are just fuel to the fire.
Previous silver spikes didn’t have majority of these catalysts
Yes congratulations. You now have a basic understanding why people have owned gold as a currency hedge for over 100 years.