quantitative easing in europe, page-13

From the WSJ a couplre of hours ago.
Game over for gold.


But gold, at more than $1,200 an ounce, has already benefited from a long bull run that many think is nearly spent.

"I wouldn't touch gold at a $1,000 an ounce," says Herb Morgan, chief executive of money manager Efficient Market Advisors LLC. Among bearish signs Morgan sees: Recent television ads promoting gold seem like evidence that investors are chasing hot retuns.

"It's game over," he predicts