The head of research at ETF Securities, Nicholas Brooks, believes actions that effectively debase the US dollar and the euro means gold prices will continue to rise. He also expects to see continued strong inflows into gold ETPs as central bankers continue their actions of debasing currencies.
October 23rd, 2012
ETF Daily News
Nicholas Brooks, head of research at ETF Securities, thinks actions that effectively debase the US dollar and the euro mean the gold price will continue to rise. While central bankers continue in their action he expects to see continued strong inflows into gold ETPs, which have already benefited in Europe from nerves about the eurozone.
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