Precious metals gained in 2011 on the strength of Central bank buying in developing countries, India and China demand and prospects of further quantitative easing, according to a quarterly review from Natixis.
At the same time, the market is becoming increasingly fixated on quantitative easing as weak economic figures from the US have recently emerged. A third round of QE would be strongly supportive for precious metal prices as it would fundamentally undermine the market’s current preference for the dollar as its safe-haven of choice...............................................Full Article: Source
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