Moneycontrol PRO
Loans
Loans

business

Possible QE3 to weaken dollar, strengthen gold: Fat Prophet

There are many questions that surround the crude. To reply to all these queries on crude, resources analyst David Lennox at Fat Prophet talks to CNBC-TV18. He also said that the possible QE3 would weaken the US dollar going forward which will lead to a firm and higher gold price in the future.

first published: Aug 10, 2011 02:01 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347