Gold pricing in QE3 already.........but are the speculators correct?
June calendar:
6th
- EU meeting to resolve failed banks
7th
- ECB rate meeting – expected 50bp cut
- Bernanke Testimony to Congress (many expect Bernanke to already state his QE intentions at this testimony)
13th
- Germany growth pact meeting
11th
- IMF report on Spain’s banks
17th
- Greek elections
18th
- Spanish banking stress test
18/19th
- G20 summit
20th
- FOMC
30th
- Deadline for Greece - the date by which Greece must execute 77 austerity and reform measures to ensure the release of the country’s next tranche of EU-IMF aid.
More here:
http://www.irishtimes.com/newspaper/ireland/2012/0602/1224317133313.html
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