LONDON, Monday 21 October 2013 – BullionVault analysis is quoted today by MarketWatch, the financial news-site, in its latest report on the gold market.
Reviewing the US central bank's decision not to start reducing its money-printing quantitative-easing program in September, "Perhaps the budget ceiling spooked the Fed into sitting tight at $85 billion per month" in asset purchases, says Adrian Ash, head of research, writing in the Daily Update to BullionVault clients which MarketWatch quotes.
"Or perhaps it's stuck with quantitative easing forever. Printing money to kick-start the recovery, the Fed must now keep printing to keep the 'recovery' on track."
You can read MarketWatch's report here:
Source:
MarketWatch
