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Thursday, January 22, 2015 by Christoph.Schmid|Comment 0
within category ECB,QE,Central Bank,Monetary Policy

The historic gesture of the ECB - QETogether (ECB and BOJ) spend about USD 150 billion on the asset purchase program.

At the same time, annual production of gold (worldwide and a price of USD 1,300/Oz, is about EUR 125 billion.
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