Did everybody see this? "Helicopter Money Arrives". A TARP package for REAL PEOPLE!!!! https://wearethene.ws/notable/90202 Post 8450391 6 hours ago • View on 8kun Markets after Announcement Add in the FRBNY announcement and this too is the fuel for Gold. Markets initially cheered the announcement and have no rolled off the recent HOD's. Volume on DOW is over the daily average but not on the SP500 and NASDAQ. The ten-year T Note has responded with higher yields however this is skewed because of the massive buying going on by the FRBNY Shorts are covering as well so this places additional pressure on prices. Gold knew this was coming as the perception of moar FIAT buck's would make most run to gold. Oil trying to regain $30 but looks tired and now under $29 https://finance.yahoo.com/quote/%5EDJI?p=^DJI https://www.kitco.com/charts/livegold.html https://www.marketwatch.com/investing/bond/tmubmusd10y Helicopter Money Arrives: White House To Send Checks To Americans Within 2 Weeks, Mnuchin Says After unveiling a plan for the Fed to work with the Treasury to provide $1 trillion in liquidity to the commercial paper market, Mnuchin added that he's working with Congress to plan a "big" rescue package for the public. He wouldn't give an exact figure, but did suggest that it might be larger than the $850 billion figure cited in the press. The president wants this legislation passed by the end of the week at the latest, and will likely move ahead with sending checks to Americans within the next two weeks as part of the "very significant" package that will be presented to Congress today. Payments should be looked as “business interruption payments” for Americans, Mnuchin said. Asked who would receive the checks, Trump said most Americans would, though those making "a million dollars a year" probably wouldn't. "We want to make sure Americans get money in their pockets quickly,” he added. The plan will also include money for small businesses, as well as loan guarantees to airlines and tourism companies. “We don’t want airlines going out of business," Mnuchin said, adding that this crisis was "worse than 9/11" for the airlines. Speaking of 9/11, Mnuchin insisted he wanted to set one thing straight before running off to Capitol Hill: The Treasury Secretary insisted that the market would not close because of the coronavirus, and that banks would stay open, even if they instituted shorter hours. "The only reason the market closed after 9/11 was because the technology was disrupted…but Americans should know, we are going to do everything to make sure that Americans will have access to the money in their stocks, in their 401(k)s and their portfolios," Mnuchin said. https://www.zerohedge.com/political/watch-live-white-house-holds-daily-coronavirus-task-force-briefing (We) Are The News • Home • About • Dark Mode Share this page on Twitter • Facebook