European Quantitative Easing Would Be Good News for Gold

- 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.

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