Wednesday, October 13, 2010

Gold Surges After Japan Says It Is Considering New QE And Geithner Guarantees Currency Wars

09:24CET

From ZeroHedge.com

A quick look at gold price action demonstrates that someone somewhere is actively debasing currencies. An even quicker scan of headlines confirms this to be the case: per Reuters "Bank of Japan Governor Masaaki Shirakawa said on Wednesday the central bank will consider expanding a new scheme for buying assets ranging from government bonds to exchange-traded funds when deemed necessary."

http://www.zerohedge.com/article/gold-surges-after-japan-says-it-considering-new-qe-and-geithner-guarantees-currency-wars

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