WDOFF - Gold & Goldminers: A Time To Buy
On Thursday, the European Central Bank essentially told us that the "eurozone economy is slowing." They left interest rates unchanged at 0.00%, 0.25% and minus 0.40%, respectively on the main refinancing operations, the marginal lending facility and the deposit facility.
Although unsustainably low, the ECB repeated their position that rates would remain at these levels for much of 2019.
“The Governing Council expects the key ECB interest rates to remain at their present levels at least through the summer of 2019, and in any case for as long as necessary to ensure the continued sustained