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LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

Metals & Mining Gold


TSX:LSG.DB - Post by User

LAKE SHORE GOLD CORP 6.25 PCT DEBS > BoC drops overnight rate - AU at $1590 CAD
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Comment by rollonon Jan 21, 2015 11:03am
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Post# 23343700

RE:RE:BoC drops overnight rate - AU at $1590 CAD

RE:RE:BoC drops overnight rate - AU at $1590 CADGold has broken lower on reports that the European Central Bank could undertake up to 50 billion euro a month in QE for 1 to 2 years, with the yellow metal reversing back from highs over US$1,305 to $1,286 on that prospect. Guess the market sees gold as more of a risk proxy than an inflation proxy.
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