It was a terrific FOMC Day as Chief Goon Powell gave us a clear runway for higher gold, silver and mining share prices in the weeks ahead. So please take some time today to give this podcast a thorough listen.
There were three main points today that you need to know:
- The FOMC fedlines stated near-unanimous agreement that fed funds would remain at the "effective lower boundary" through the end of 2022.
- The NY Fed released a new report detailing their current plans to monetize $80B/month in USTs and $40B/month in MBS. That's up to $1.44T/year. ...