GOLD 0.51% $1,391.7 gold futures

quantitative easing in europe, page-6

  1. 2,755 Posts.
    lightbulb Created with Sketch. 27
    Anyone aware how much?

    All I've seen so far has been an overall figure, the latest being 750 billion Euros (almost $1 trillion US).

    This reminds me a lot of the US TARP programs and similar which seem to have fuelled worldwide markets (and Gold) seeing huge price recoveries. Will the EU bailout do the same? I suspect it will and think we will see the start of another push to new highs (from March 2009 lows) in worldwide markets as well as a continued run for Gold. That's got to be good for the Gold stocks (which are way oversold currently IMHO).
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.