Basel III: Golds Status as Tier 1 Asset Restored + Bank of Japan Monetary Policy, Competitive QE

Patricia Mohr, creator of Scotibank s Commidity Price Index, talks Bank of Japan, Basel III, Eurozone and FOMC minutes, and what it all means for gold. Beginning with simple forecasts for gold into 2013, Mohr sees a rising US Dollar which puts pressure on gold, but nevertheless looks for gold prices to rise in January, with the focus, driving force being a weakening Euro and ongoing Eurozone worries. Another big development in the currency world was Bank of Japan s monetary policy review and liquidity inject