New Gold Inc T.NGD

Breaking News, Happening Now!!!

[BePatient4now]

1.9 trillion Bill passed this morning!!! Going to the Senate. How will this affect Gold??? Any thoughts??

[Ronbromleygross]

https://www.washingtonpost.com/us-policy/2021/02/26/biden-stimulus-covid-relief/?outputType=amp

[tonyturbo]

House of cards is getting bigger in the States...should fare well for gold IMHO

[TheeRook]

 Interest rates up gold goes down.   10 Yr  Rates 0.93 % to 1.53 %  YTD US $$$ going down Gold goes up.  This time not  currently following to closely. US RAnge bound at year low 90 - 91  Falling from year high 104 US$ holding here because interest rates going up. Usually more money printing would cause the US$$ to fall. FED financial engineering with the

[gwr]

Fed doesn't sell bonds the treasury does and fed stated policy is low rates for years yet so look for yield curve control shortly to nail the bond vigilantes unless they take their short profits and run. Higher rates reverses everything the Fed and Treasury have been trying to accomplish so they will act and probably soon, just as they will act against cryptos.

[TheeRook]

Tail wags the Dog The yield on benchmark 10-year U.S. Treasuries traded around 1.49% overnight, heading back towards a one-year high of 1.61% set last week on bets that a strong economic recovery aided by government stimulus will result in revived inflation, prodding the Federal Reserve into early tightening action.

[goldanalyst]

The FED will just start buying the long end of the bond market as a yield control. Will likely announce that shift today IMO