European Quantitative Easing Would Be Good News for Gold
Investing News Network - December 9th, 2011
Mineweb repoted that UBS (NYSE:UBS) sees three important conditions for quantitative easing that would boost the price of gold.
Mineweb repoted that UBS (NYSE:UBS) sees three important conditions for quantitative easing that would boost the price of gold.
As quoted in the market news:
UBS’s expectation is that the ECB will ease monetary policy to 0.5% by the end of the Q1 2012 – which it now views as the floor rate.