And he added that "within six months there is going to be a clearer need to signal the exit strategy from this super-loose policy" of keeping rates low.

BBC: Inflation casts shadow over bank rate decision

As he notes, this means that getting rid of inflation could be more painful for the economy than in the past - but it also means that the cost of keeping policy "too loose", in terms of higher inflation, could be a lot smaller than before.

BBC: Is the Bank of England doing enough?

Bulls cite the underlying fundamentals for gold, including the ultra-loose monetary policy by most global central banks as keeping the gold supported for the time being.

FORBES: Metals Outlook: Getting Ready For Last Full Week Of Trading For 2012

Hundreds of iguanas sold in pet stores are being let loose in Los Angeles because their owners have grown tired of keeping them.

BBC: News | Americas | LA's lizard crisis

It stemmed from us not keeping the ball up front, them counter-attacking, a loose ball going up in the air and falling kindly, and a good finish.

BBC: Mark McGhee pessimistic over Aberdeen's top six chances