An interesting chart at Acting-Man from Now and Futures
The extraordinary growth in Central Bank balance sheets is widely considered a fundamental driver of the Gold Bull.
And how will Central Banks exit this extraordinary Quantitative Easing and Asset purchases?
Some suggest that they can just cancel the bonds....
But that would be seen as extreme monetisation
Compare the ascent of Gold - from Nick Laird's Sharelynx via Jesse's Cafe
Sabtu, 28 April 2012
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