Gold Leaps $100 on US Treasury Bond Buybacks News - BullionVault
Source: BullionVault
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DW NOTE
The Treasury announced bond buybacks to "improve market function." Markets heard money-printing to fund a $1.4 trillion deficit. Gold doesn't leap $100 because liquidity is tight — it leaps because the alternative to holding metal is holding promises from a government buying back its own debt to keep yields from spiking.
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