Could Fewer Jobs Mean More QE?

Posted by on April 6th 2012 in CFTC, China, Federal Reserve, General Economy, Gold, JPMorgan, Monetary Policy, Short Sellers, Silver, Wall Street | Be the first to comment!

As a “Disappointing jobs report revives talk of Fed easing,” Sprott Asset Management’s John Embry tells King World News that “I think perhaps the most bullish thing I saw yesterday was that Dennis Gartman has pronounced the end of the gold bull market as a result of the Fed’s actions.  Nothing could be further from the truth…. Last year, when they had about $1.5 trillion in budget deficits, they monetized some 61% of it.  I think the budget deficit will be equally as large going forward and there are less and less buyers.  So, the idea that there is no QE coming, only a moron would believe that.”

Related Links:  

Bloomberg:  London gold prices gain as U.S. employers add fewer jobs than forecast

Reuters/Forbes:  Weak U.S. jobs data renew QE bets; puts QE3-pressure back on Bernanke

CNN Money:   Jobs report was bad. But not QE3 bad.

Financial Sense:  Marc Faber: Global central banks are in the money printing business −There will be more QE

Zero Hedge:  51 months after the start of the recession, here’s the report card

Business Insider:  Richard Russell: ‘There is an ominous something out there waiting to materialize’

Casey Research:  What happens to gold if we enter a recession or depression?

Frank Holmes:  Managing expectations: Why gold should thrive

Bloomberg:  JPMorgan hedges silver for clients, Masters says on CNBC

GATA/Jesse’s Café Américain:  One of the ‘Masters’ of the universe gets a market manipulation question on CNBC; Blythe speaks (scroll down)

Mineweb:  China’s ‘profound influence‘ on the world gold market

Bullion Vault:  Why is Turkey turning to gold?

The Daily Bell:  Elite meme: Anything is better than gold

FortuneBeware the tax bite of oil and gold ETFs

Washington Post:  Americans ‘just not prepared’ to manage their own retirement funds

No TweetBacks yet. (Be the first to Tweet this post)

Leave a Reply