LONDON, 24 March 2011 - Extensive quotes from BullionVault head of research Adrian Ash feature today in a report on the latest gold-price action from The Street.com, one of America's leading financial news sources online.LONDON, 24 March 2011 - Extensive quotes from BullionVault head of research Adrian Ash feature today in a report on the latest gold-price action from The Street.com, one of America's leading financial news sources online.
"You've got a lot of things that are stacked up in gold's favor right now," The Street quotes Adrian. "Monetary policy is way too loose across the world...This is as bad as the negative real interest rate have been since the 1970."
After speaking to Adrian by phone Thursday morning, "Ash contends that even a series of rate hikes won't be enough to tame negative real interest rates," writes senior The Street writer Alix Steel. "Negative real rates are the only game in town."
Anyone thinking gold is now a bubble is "confusing longevity with speed", Adrian adds.
You can read his full comments here at TheStreet...
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