Re. Gold price....QE3
Gross Says QE3 Getting Closer as Goldman Sees Easing
By Wes Goodman - May 9, 2012
Pacific Investment Management Co.’s Bill Gross and Jan Hatzius at Goldman Sachs Group Inc. (GS) say investors should prepare for additional bond purchases by the Federal Reserve, known as QE3, to combat a slowing U.S. economy.
A decision to buy more debt is “getting closer,” Gross, who runs the world’s largest mutual fund, wrote on Twitter yesterday. Hatzius, the chief economist at New York-based Goldman Sachs, predicted in a report the same day that the Fed will announce additional monetary easing when it meets in June.
Full article....
https://www.bloomberg.com/news/2012-05-09/gross-says-qe3-getting-closer-as-goldman-sees-easing.html