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The ECB's gold buying idea is a non-starter

Frik Els | November 19, 2014 | 11:28 pm Energy Precious Metals Europe Gold 

Bullion bulls, desperate for positive news amid prevailing negative sentiment on the gold market, latched onto pronouncements by Yves Mersch, member of the ECB's executive board, earlier this week. Mensch said the European Central Bank may "theoretically" look at purchasing...

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