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.”
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
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
Fortune: Beware the tax bite of oil and gold ETFs
Washington Post: Americans ‘just not prepared’ to manage their own retirement funds