time for another round of qe by the fed, page-5

>It may not destroy the dollar (that is a gold bug fantasy), but it will send it back to where it has come form in the last six weeks...

>... and gold will almost certainly test its recent highs.

I agree, so QE will, if not already, begin! Gold will strengthen due to the dilution of the USD even though it is highly possible that the USD temporarily will strengthen along with Gold only due to the Euro collapsing.

Then once the Euro has collapsed so will the USD and then Gold will most likely be at least US$1000 higher.