Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199


Search Gold Prices
Gold Price
[Most Recent Quotes from]
Our RSS Feed

Gold Updates by Mail

Enter your email address:

Follow Us on Twitter
« Absolutely Stunning News In The War On Gold | Main | Gold v Dollar »

BoE Governor warns deflation is now 'possible'

Inflation has slipped to a 14-year low of 0.5pc, lower than economists and the markets had expected

The UK economy is in danger of falling into deflation, the Bank of England’s Governor warned on Tuesday as data showed that inflation had fallen to a 14-year low.

Price growth fell to 0.5pc in December, a bigger slump than economists had anticipated. A poll of analysts before the numbers were release predicted that inflation would ease from 1pc to 0.7pc.

Mark Carney, the Governor of the Bank of England, told BBC News: “We will expect it to fall further, and inflation to continue to drift down in the coming months.” In a separate interview, Mr Carney told ITV News that deflation was now "possible".

Inflation has now hit a level only once before recorded by the Office for National Statistics - in May 2000.

Read more....


Is the bottom really in?  Have you plenty of cash to take advantage of the coming bargain prices?

If you would like to know which stocks we are buying and selling please join us atStock Trader our premium investment service.

Subscribe for 12 months with recurring billing - $199

Buy 12 months of subscription time - $199

If you are new to investment in the precious metals sector then you can subscribe of our FREE newsletters regarding gold stockssilver stocks and uranium stocks, just click on the links and enter your email address and we will email you our articles along with other interesting posts.

Please remember to check your spam folder once you have subscribed to ensure that our verification email has not gone astray and you are getting our emails.


Winners of the GoldDrivers Stock Picking Competition 2007 

PrintView Printer Friendly Version

EmailEmail Article to Friend

Reader Comments (2)

Significance for gold stocks??

January 14, 2015 | Unregistered CommenterBill

If the BOE thinks that deflation is on the way they will print more money in order to reverse the process, thus weakening the pound and causing gold to rise in GBP terms.

January 14, 2015 | Registered CommenterGold Prices

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>