| Bullion bulls, desperate for positive news amid prevailing negative sentiment on the gold market, latched onto pronouncements by Yves Mersch, member of the ECB's executive board, earlier this week. Mensch said the European Central Bank may "theoretically" look at purchasing gold, equities and exchange-traded funds as part of a quantitative easing program as it tries to find ways to stoke inflation and stimulate economic growth.
The economic bloc only just escaped tilting back into recession during the third quarter and price inflation has been well below the 2% target for a considerable time....................................Full Article: Source
|