Feds just approved the extension of their pandemic lending program till the end or 2020 so they will continue to pump in more dollars into the market strongly.

5 comments

Can you please share the link for this source
How this will affect gold?
Rushi Khimani
Can you please share the link for this source
I couldn't find any article or news regarding what you just posted
Rushi Khimani
I couldn't find any article or news regarding what you just posted
Oh its probably because I wrote it badly. The feds have extended business loans program till end of 2020. I wrote financial support package and I can see how that could create a confusion sounding like it was related to those government checks for people. When in facts its the lending program.
Thank you for your clarification. Now it makes sense. I guess tomorrow FOMC meeting will be important one for coming quarter.