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Is this the start of the next leap forward for PM's?

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Post by Dirtbikepilot on Sat Jun 02, 2012 12:31 am

Gold and silver soared 3.7% and 2.7% respectively on Friday as the weakest jobs report in a year,
which not only disappointed “across the board” but included a downward revision for March and April,
fueled speculation of more QE, with one money manager telling Reuters:

“It’s very likely that the economic data today and what’s come out of Europe [where the record 11% unemployment rate was unchanged]
has convinced the market that there will be further government monetary stimulus.”He also predicted that “Larger institutions will commit money
to gold in ways they never had before. We are talking about CALPERS, Yale and Harvard.”
Dirtbikepilot
Dirtbikepilot

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