Bernanke lifts gold price over $1,600 while singing the praises of QE

By Frik Els

The gold price jumped more than $30 on Tuesday to touch a high of $1,620 as Ben Bernanke sang the praises of the US Federal Reserve’s QE program.

“In the current economic environment, the benefits of asset purchases […] are clear,” Bernanke said in prepared remarks delivered to a committee of …read more
Source: Gold News