| From Bullionvault.com: How to get a jump on the big central banks as interest rates race towards zero worldwide... Of six central banks voting on interest rates this week, only the European Central Bank in Frankfurt failed to reduce its cost of money to either record or multi-year lows, holding rates steady at 2.0%.
The market's reaction? Forex traders trashed the Euro vs. those currencies now paying way less than inflation. The result for Eurozone investors? Gold leapt to a new record high by the PM Gold Fix in London, recording a new all-time high above €719 an ounce..... Full Article: Source
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