Analysts at Zaner Metals in a daily note wrote “The Fed can’t print gold”. For that matter the Federal Reserve cannot print dollars either, only the Treasury Department can do that.

April 2020 has been a month that the majority of gold traders and investors will remember for some time to come.

Crude oil plummets with the front running futures contract losing 193% in trading, and is currently in the negative fixed at -$17.00 per barrel. In my 35 years of trading the commodity markets I have never seen crude oil go negative.