Fed to act "forcefully, aggressively" to fight war on bad economy

By frank holmes / June 15, 2020 / www.youtube.com / Article Link


Federal Reserve chairman Jerome Powell said last week that the central bank will continue to act "forcefully, proactively and aggressively" to sustain the economy, and plans to keep rates near zero until 2022.The Fed's dovish stance will be bullish for gold in the long-term, said Frank Holmes, CEO of U.S. Global Investors, who noted that trillions of dollars more will likely be printed before we see a full economic recovery.__________________________________________________________________Kitco News is the world's #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions. Subscribe to our channel to stay up to date on the latest insights moving the metals markets. For more breaking news, visit http://www.kitco.com/Follow us on social media: Facebook - https://www.facebook.com/KitcoNews/?r... Twitter - https://twitter.com/kitconewsnowGoogle+: https://plus.google.com/u/0/116266490...StockTwits - https://stocktwits.com/kitconewsLive gold price and charts: http://www.kitco.com/gold-price-today...Live silver price and charts: http://www.kitco.com/silver-price-tod...Don't forget to sign up for Kitco News' Weekly Roundup - comes out every Friday to recap the hottest stories & videos of the week:https://connect.kitco.com/subscriptio...Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/ Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.

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