Gold Prices Climb as Fed's Evans Backs Easing Efforts

Gold Prices Climb as Fed's Evans Backs Easing Efforts
"He [Evans] came out and reaffirmed that quantitative easing is in place right now, they don't see any reason why they would stop the quantitative easing at the moment," said Phil Streible, senior commodities broker at RJO Futures. "Remember, we need …
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Gold Prices Drop 3.3% After Fed Minutes Suggest Quantitative Easing Could
Gold Prices Drop 3.3% After Fed Minutes Suggest Quantitative Easing Could Cease "Well Before" End of Year – 4 January 2013. Gold Prices fell below $ 1630 per ounce Friday morning in London, their lowest level since last August and 3.3% below where …
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PIMCO's Gross: Inflation Dragons Lurk in the Cave of Quantitative Easing
Gross argues that the quantitative easing and near zero interest rate strategies employed by central banks in the US, UK, Europe and Japan China and Switzerland have the potential to permanently distort financial markets and create significant long …
Read more on IBTimes.co.uk

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