Goldtent TA Paradise

Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program

1. Patrick says:

   March 15, 2020 - 5:23 pm at 5:23 pm

   here we go!!!

2. Northstar says:

   March 15, 2020 - 5:23 pm at 5:23 pm

   So how do we all think PM’s will react to that?

3. JSKauai says:

   March 15, 2020 - 5:31 pm at 5:31 pm

   Well if the NY Fed’s trading desk has anything to say about they will go down. White is black and up is down.

4. Northstar says:

   March 15, 2020 - 6:10 pm at 6:10 pm

   Didn’t do stock market futures any good – dropping like a rock.

5. Silverhawk says:

   March 15, 2020 - 6:19 pm at 6:19 pm

   700B is a fly on an elephant’s butt! It won’t make any difference.

6. Patrick says:

   March 15, 2020 - 6:20 pm at 6:20 pm

   Copper down.. gold and silver up

7. Northstar says:

   March 15, 2020 - 6:21 pm at 6:21 pm

   Dow futures approaching limit down.

8. pedro_deleon says:

   March 15, 2020 - 7:14 pm at 7:14 pm

   They don’t get, or the public doesn’t get (OR BOTH!) that their stimulus just amounts to counterfeiting.
   The new money they print, simply makes the old money already in existence, worth less.

   The general public gets almost nothing of the new money, which is why we are where we are.

9. Plunger says:

   March 15, 2020 - 9:16 pm at 9:16 pm

   Can anyone possibly believe that the raid on Thurs/Fri was not instigated by these inside Wall Street interests now that we know that this program got launched on Sunday afternoon.

10. Aurum Maximus says:

    March 15, 2020 - 9:48 pm at 9:48 pm

    Trump had meeting on Wed with all major bank CEOs then all this happens. No, not surprised at all.