Saturday 23, November 2013 by Gerhard Schubert

Precious Metals Report: Tapering on the way?

Let’s get tapering out of the way. Possibilities for a tapering as early as the FOMC December meeting have increased with the better-than-expected economic data from the US. However, the comments from Ms. Yellen and other officials about a long period of near zero interest rate policies, even after QE3 ends, have not done anything for the gold price on the upside.