Relevant:
- Keith Barron on KWN - "Coming Monetary Moves To Be Highly Inflationary"
- Eric Sprott: Economy Not Doing Well; Central Bankers Are Gaming Gold
- Sprott - "Secret Gold Leasing Continuing; Gold Will Snap Back; Silver Will Launch To $200"
- Rickards - Gold Will Still Surge Within Next Year Against Money Printing
- Gold Spikes As World Gold Council Says Gold Demand Surges 36% In Q2, Sees Ongoing Demand Out Of China And Europe
2012-04-30 — kingworldnews.com
I think you are going to see the European Central Bank throwing money at the various crises, in Europe, that are continuing to unfold. (Also,) I do think QE3 is coming before the US elections. I think there is continued bad news coming both in GDP output and in employment figures for the US, and they are going to throw money at this.
So this is all very inflationary and it is very bullish for gold. I would not at all be surprised to see another huge bounce in the gold price, like we saw last August. Traditionally and typically these things don't happen in the summer, but certainly we had a huge surge in price last August.Â
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