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Pan American Metals Of Miami Says Future Looks Bright If Gold Can Hold On To Current Gains
- Pan American Metals Of Miami Says Future Looks Bright If Gold Can Hold On To Current Gains
- November 29, 2011
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Suggestions of further quantitative easing are supportive of gold.
MIAMI, FL - Today saw the strongest hints yet that the Federal Reserve might consider further easing sooner rather than later. Meanwhile, European leaders are meeting in Brussels to decide on the next course of action to solve the escalating crisis in the euro zone. Despite the fact that Italy has managed to achieve a temporary respite, bond yields remain extortionately high and Greece is due for another bailout of 8 billion euros in December.
Gold is currently being supported by some safe ha...
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