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 Gold's Rally Strengthens Following Hints of Further Easing says Pan American Metals of Miami- Gold's Rally Strengthens Following Hints of Further Easing says Pan American Metals of Miami
- August 30, 2011
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Nervousness regarding possible QE3 helps boost gold.
MIAMI, FL - Hints of future quantitative easing from Chicago Federal Reserve President Charles Evans helped gold's rally today, August 30. Obviously Evans is only one of many voters, but his statement does renew speculation that a further round of quantitative easing may be on the cards, especially following Ben Bernanke's statement last Friday.
All precious metals were on the rise today with gold rallying to levels comfortably over $1800 and silver gaining 77 cents. S&P's downgrading of grow...
- View more at: http://www.1888pressrelease.com/gold-s-rally-strengthens-following-hints-of-further-easing-s-pr-331069.html
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