1. Gold referendum of Swiss National Bank " 30 November 2014
If there is a yes vote ( which will mean that SNB has to buy gold) then SNB may stagger purchases. The impact of an SNB purchase (if at all there is a yes vote) may not be so impacting on the gold prices.
http://www.reuters.com/article/2014/11/17/swiss-gold-referendum-idUSL6N0T72O620141117
2. ECB might set out on quantitative easing a la the Fed. However, inflation has not reared its head and so gold may not be so much needed as a hedge.
3. Japanese have decided to restart 2 nuclear reactors and hence price of uranium has started to move up. So precious metal investors have another market to buy.
If there is a yes vote ( which will mean that SNB has to buy gold) then SNB may stagger purchases. The impact of an SNB purchase (if at all there is a yes vote) may not be so impacting on the gold prices.
http://www.reuters.com/article/2014/11/17/swiss-gold-referendum-idUSL6N0T72O620141117
2. ECB might set out on quantitative easing a la the Fed. However, inflation has not reared its head and so gold may not be so much needed as a hedge.
3. Japanese have decided to restart 2 nuclear reactors and hence price of uranium has started to move up. So precious metal investors have another market to buy.
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