Tag Archives: bank of japan

Diego Parilla predicts that a “perfect storm” of events will allow gold to perform best while other classes are doing worst. See how gold may soon be entering a long-term bull cycle in this week’s News to Know.

Last week it was the European Central Bank that started pumping serious money into its ailing markets, and this week, another central bank fired up the printing presses. The Bank of Japan purchased three-month Treasury bills for more than their redemption value, according to market participants – another dramatic step in its unprecedented effort to fight deflation. What do these moves mean for the dollar and gold? Find out here.