LONDON, 2 March 2012 - BullionVault head of research Adrian Ash was interviewed today by US finance and investment site TheStreet about what's driven the recent fall in the gold price.
"The imminent cause a lot of people pointed to were Ben Bernanke's comments about not printing a huge amount of money for QE3 or QE4 or whatever it's going to be," said Adrian.
But thanks to interest rates already sitting at zero, "Price volatility is baked in the crust now," he went on.
"Anyone using gold or silver to defend themselves against loss of value in more traditional safe havens is exposed to price, and we should expect that volatility to get worse."
You can hear the full interview at TheStreet...
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Source:
TheStreet
