ECB Creates EUR 750 Billion To Buy ‘Safe Haven’ Bonds; Pound Falls To Near Record Low in Gold

Global Supply of Gold and Silver Coins and Bars Evaporated In Safe Haven Rush

] ◆ “There are no limits to our commitment to the euro,” ECB President Christine Lagarde pronounced as the ECB began to create an additional EUR 750 billion in order to buy government and corporate debt in an emergency move overnight. ◆ Gold prices in euros are marginally higher at €1,369/oz and in British pounds … Read more