LONDON, 15 April 2013 - Adrian Ash, head of research at BullionVault, was interviewed today about real interest rates and their effect on gold prices by Mineweb, the highly respected specialist site for the minerals industry.
Speaking with Geoff Candy by telephone, Adrian explains that "The real relationship here is actually about what cash in the bank and what bonds, fixed income are really offering over and above the rate of inflation."
This rate of real interest turned higher just as gold prices peaked in summer 2011, says Adrian, who also discusses the recent plunge in gold prices, and the "very Asian-style" response by Western households buying gold on the drop..
You can listen to Adrian's full interview at Mineweb here:
Real Rates, Gold & Eastern Habits in the West
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