LONDON, 6 September 2012 - "Quanticipation" in the gold market is moving prices as central banks again create money to try and support their local economies, says BullionVault's head of research, Adrian Ash, in an interview broadcast online by leading US finance site, TheStreet.
"The full effect will take a while to come through," says Adrian. "But we've seen a lot of anticipation - what we're now calling quanticipation."
The European Central Bank "is at pains to stress that it is not monetizing government debt," says Adrian of the ECB's new move to support weak Eurozone government bond prices. But the gold price says otherwise, he explains.
You can listen to Adrian's 3-minute interview at TheStreet here...
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Source:
TheStreet
