Tag Archives: european central bank

Every week, Your News to Know offers you breaking news about the economy and the market of gold and other precious metals. Stories this week include: Marc Faber says he owns gold because he doesn’t trust the financial system, gold rises again as the dollar drops, and gold coin sales surge as buyers seek bargains. Read more.

As the European Central Bank continues its loose monetary policies, the Swiss are getting nervous. For a nation with such a distinguished and proud history in banking, privacy and respect for gold, it seems like they can no longer idly watch the ECB print money. Now, what they’re considering doing may not only put them back on the path towards fiscal responsibility, but it could have huge implications for the entire gold market. Find out here what they have up their sleeve.

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.