LONDON, 31 January 2013 - Adrian Ash, head of research at BullionVault in London, was interviewed today by leading US investment news-site, TheStreet.
Following news that the United States' economy shrank in the last 3 months of 2012, "I think the [poor GDP figure] is bad for everything else, so yes - I think it's likely to help gold continue to rise long term," says Adrian.
"What [the number] clearly signals is that talk of the Fed abandoning QE anytime soon is pointless. It's not gonna happen."
Watch Adrian's interview at TheStreet:
Gold bugs cheer poor GDP result
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Source:
TheStreet
