Fed Cuts Rates & Launches $40B Liquidity Boost: Wagner on ‘Parabolic’ Silver vs. Gold Consolidation
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Fed Cuts Rates & Launches $40B Liquidity Boost: Wagner on ‘Parabolic’ Silver vs. Gold Consolidation
The Federal Reserve has cut rates by 25 basis points and confirmed $40 billion per month in reserve management purchases, sending fresh liquidity into the system. As the announcement hit the market, silver went parabolic, breaking into new all-time highs above $62, while gold continued to consolidate firmly above $4,200. Gary Wagner of ...
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