2012-04-30kingworldnews.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. 



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