Gold Needs Big QE To Sustain Rally

Indexuniverse.com reports that Gold’s recent surge to be about two key factors.

The editorial is quoted as saying:

Europe’s sovereign debt crisis, which has shaken confidence, and the Fed’s ultra-loose monetary policy. Bottom line: the market is at inflection point, and Nadler says the “epic” week coming up — featuring mid-term U.S. Congressional elections and a momentous Fed meeting the next day — should shed light on gold’s future direction.

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