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ECB ending QE (money printing)

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  • biglentil
    Senior Member
    • Jun 2015
    • 3359
    #11
    Originally posted by Hopalong View Post
    See gold down $20.00 $US this morning, does not match with most of this thread comment.
    Any explanation?
    A rapid rise in gold is a big black eye for confidence in the dollar. Hence the gold price smash.

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      • ajl
        Senior Member
        • May 2008
        • 3278
        #12
        Originally posted by Hopalong View Post
        See gold down $20.00 $US this morning, does not match with most of this thread comment.
        Any explanation?
        USDX strengthening so bearish for gold and other commodities. Elementary. Dollar bears will have to wait for yet another day. How long has it been now?

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          • errolanderson
            Senior Member
            • Jan 2012
            • 3166
            #13
            Major deflationary pressures across global commodities. Gold struggles in this environment. Trend lower for precious metals (IMO) without a geo-political shock.

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              • Rareearth
                Senior Member
                • Aug 2012
                • 1618
                #14
                Did the policies of QE work in the minds of governments?

                The answer is yes, and yes debt is higher but everything is relative.

                If it worked once, likely to see again in the future?

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