Tag Archives: federal

Gold price fell to $1,808 an ounce in the wake of the release of the minutes of the December Federal Reserve meeting, having hit an intra-day high of $1,829. Silver price fell to $22.72 an ounce from an intra-day high of $23.26. Gold and silver have continued to sell off this morning with gold trading as low as $1,794 and silver trading down to $22.14. The FOMC minutes showed a much more hawkish Fed than markets had been expecting. The minute suggests that the Fed...

Central banks’ massive Quantitative Easing (QE) programs have come under scrutiny many times since the central banks fired up the printing press and began quantitative easing programs en masse after the 2008-09 Great Financial Crisis. However, the increase in central bank assets due to quantitative easing programs during the crisis pale in comparison to the QE programs during the Covid pandemic. As economies recovered after the Great Financial Crisis many worried...