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The Fed Just Quietly Backstopped Japan, & Gold Noticed!

Blond news anchor in a dark blazer and olive shirt, seated in a studio with a nighttime city skyline backdrop

Gold ran about $400 in the past week, and copper set an all-time record in New York, and neither move had much to do with anyone wanting more of them.
This past week the Fed quietly opened a window letting Japan borrow dollars against the American debt it already owns, and GOLD TOOK NOTICE:

 

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The SilverTrade Insider publishes market news and interviews with named analysts. Opinions expressed by contributors and interviewees are their own, and they may hold positions in the metals, miners or securities they discuss. Nothing here is investment advice.

SilverTrade is affiliated with SD Bullion, a precious-metals retailer, and SD Depository, a precious-metals storage company. Some contributors hold roles at affiliated companies. See our Editorial Policy.

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