Dear Gerald, what do you think is in the cards for the Eurozone? Will the ECB be lowering the interest rates down to a “bandwidth” between 0 and 0,25%? You said in the TITN yesterday you can imagine that Gold might be going down to 1100 $/oz mark – is there a timeframe and will the gold price suffer or thrive from lowering the interest rate, if the ECB chooses to do so? German stock market index DAX is closing in on the 10.000 mark, but ECBs warns of a sharp and uncontrollable correction. So please advice what you think might happen. A little hint will be helpful. And yes I know you’re not a financial advisor, but you tend to be right… Kind regards, R.
