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by Ashraf Laidi
Posted: Mar 22, 2013 12:54
Comments: 0
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This thread was started in response to the Media:

Ashraf Laidi on Bloomberg TV - Mar 22, 2013

Telling Bloomberg TV that gold rallies resulting primarily from Eurozone woes are more short-lived than gold rallies resulting from announcements of fresh QE. The current gold bounce is a result of Eurozone investors seeking haven into the metal (as was seen in the Greece & Italy episodes in the chart below), but it does NOT imply a prolonged gold rally vs USD. It's imortant to distinquish gold in USD & euro terms.Ashraf also gives his view on EUR and JPY. For tradable ideas, please the latest Prmeium Insights.