Those who see higher prices point to the recent monetary easing by central banks.
FORBES: Market Participants Divided On Gold's Price Direction For Next Week
They all advocated some combination of monetary easing and fiscal stimulus to prevent such declines.
Dr. McCallum argues that his rule suggest a policy of monetary easing when velocities are declining.
Kuroda, currently President of the Asian Development Bank, is a proponent of aggressive monetary easing.
If Mr Koizumi pushes through reforms, then, even with monetary easing, the recession may be deeper.
As a result, they say, it is unlikely that G20 will target Japan's recent monetary easing.
The monetary easing has not translated into loans for business or the creation of jobs.
It would be crucial, though, for America and Europe to respond with further monetary easing.
The IMF wants more monetary easing from the Bank - including, maybe, another rate cut.
Fiscal consolidation would be much less painful if it were accompanied by monetary easing.
Policymakers have been taking steps to boost economic growth by way of infrastructure spending and monetary easing.
Unless common sense kills the stability pact, Europe will have to rely largely on further monetary easing.
Such monetary easing will prevent a severe downturn, but it will not stop the recovery from stalling.
Generally, by the time central banks make a fiscal or monetary easing move, economic deterioration has already occurred.
Food inflation did remain at elevated levels, which could lead to further monetary easing by Chinese policy officials.
FORBES: Retail Sales And Jobless Claims Underwhelm But Stocks Stay Positive
If monetary easing by central banks will not be enough, that puts more of a burden on governments.
That stoked worries that a hope-for monetary easing of monetary policy by the central bank will be delayed.
FORBES: Lujiazui Breakfast: News And Views About China Stocks -- April 10
Non-conventional monetary easing, also known as QE, was initially a tailwind for banks as it raised demand for mortgages.
FORBES: S&P Closes Below 1430: A Normal Correction or Something More Serious?
Also in Japan, stocks in sectors sensitive to monetary easing such as the financial and real estate sectors continued to climb.
On Wednesday, Bernanke told the Congress further monetary easing would be possible if the U.S. economy continues to sputter.
FORBES: Comex Gold Hits Another Record High amid European, U.S. Debt Concerns
Over the next few weeks, more monetary easing is likely to be needed.
Monetary easing by the Fed traditionally has supported prices of both precious metals.
That bolstered ideas the Federal Reserve should not be backing off on its aggressive monetary easing policies any time soon.
With inflation subsiding over the past two months, China will now have room to stimulate its economy through monetary easing.
Abe has fueled speculation that more monetary easing may be on tap if his party is successful in the elections.
Investors have been saying this for the past two weeks, but no word yet on monetary easing from Beijing Central Bankers.
FORBES: After Weak Imports, Investors Say 'China Down But Not Out'
In contrast, monetary easing has been more cautious in Japan and Europe, where the danger of deflation is much more immediate.
Gold has traded inversely with the U.S. dollar, and monetary easing tends to depreciate the greenback and thus support gold prices.
FORBES: Gold, The Silent Killer: Yellow Metal's Up Big And Could Rally Further
The strength of support is an indication that this would mark the beginning of Mr Kuroda's shift towards more aggressive monetary easing.
This is what Mr. Abe calls the "third arrow" of his economic program, after monetary easing and additional spending on public works.
应用推荐