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Stock impact report

PHYS: Fed's Recent Actions Should Be Positive For This Gold CEF [Seeking Alpha]

CME Group Inc. - Class A (CME) 
Last cme group inc. - class a earnings: 4/29 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.cmegroup.com
Company Research Source: Seeking Alpha
SummaryThe Federal Reserve is poised to print an unprecedented amount of money this year, which should prove good for gold.The Federal Reserve is expected to roughly monetize all US Federal debt issuance this year.At least some of this money will actually make it out into the real economy.PHYS is the best way to play this because it represents real gold and not paper gold like other funds.Gold has been reasonably strong so far this year, although there are some indications that certain parties are trying to stop it from going up too much.In response to the coronavirus-driven economic shutdown and the resulting decline in the stock market, the U.S. government and Federal Reserve have undertaken an unprecedented amount of intervention. The U.S. government passed a $2+ trillion package meant to help and businesses and individuals that have been affected by the shutdown. The shutdown also looks certain to negatively impact tax revenues this year and when combined with the high level of sp Show less Read more
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