GREY:TWNNF - Post by User
Post by
IqaluitZenon Jun 01, 2012 3:40pm
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Post# 19972409
QE - Price of Gold
QE - Price of Gold The US jobs report and jobless claims reports have again this month signaled a big slowdown.
If the US does another round of Quanitative Easing, the price of Gold will pop again (which is why Gold is much higher today).
Obama might need to do some QE again, otherwise he'll potentially lose as the economy continues to stagnate. The Unemployment rate rose and employment numbers were well below expectations again this month.
I expect the US to do another round of QE to stimulate the economy and to create more jobs.
Price of Gold will go higher.
jmo.