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It was a busy day today what with the Autumn Statement here in the UK and monetary policy meetings for both the Bank of England and the European Central Bank.

First up we bring you the results of the BOE meeting, which were not surprising. Unsurprisingly.

Of course, the decision by the MPC was released whilst Osborne was busy presenting his Autumn statement. Below, Fraser Nelson presents an excellent set of graphs that highlight the key points from the statement.

Then of course it was to the ECB and Draghi’s press conference that we next turned our attentions to. If any surprises were going to come today, it was going to be from Draghi, but he disappointed us. And fed everyone yet more bad news.

The big news today amongst sound money and digital currency advocates is the announcement from the Chinese government that financial institutions are not allowed to accept bitcoin. But individuals can. Interestingly, this news sent the price of bitcoin down. We wonder why…after all we don’t want the banking system involved in it, look what happened last time they were dealing in sound money.

And finally, be sure not to miss a Keiser Report LIVE Google Hangout tomorrow at 4pm GMT. Featuring yours truly and Save Our Savers’ Simon Rose. Find out more by clicking on the link below.

About the Author

Jan SkoylesJan Skoyles is Head of Research at The Real Asset Company, a platform for secure and efficient gold investment. Jan first became interested in precious metals and sound money when she met Ned Naylor-Leyland whilst working alongside him in the summer of 2010. Jan then went on to write her undergraduate dissertation on the use of precious metals in the monetary system. After graduating from Aston University in 2011 Jan joined The Real Asset Co research desk. Her work and views are now featured on a range of media including BBC, Reuters, Wall Street Journal, Mail on Sunday, Forbes and The Telegraph. She has appeared on news channels including Russia Today to discuss the gold price and gold investing. You can keep up with Jan's commentary by subscribing to our RSS feed Gold Investment News.View all posts by Jan Skoyles