why further qe is unlikely

If stimulus throught further US "money printing" is a consideration in your decision to hold positions in physical gold or gold stocks, you should read the following.

“Why don't we do more? I would reiterate, we're doing
a great deal of policies extraordinarily accommodative.
You know all the things we've done to try to provide
support to the economy. I guess the, uh, the question
is, um, does it make sense to actively seek a higher
inflation rate in order to, uh, achieve a slightly
increased pace of reduction in the unemployment rate?
The view of the committee is that that would be very,
uh, uh, reckless. We have, uh, we, the Federal Reserve,
have spent 30 years building up credibility for low and
stable inflation, which has proved extremely valuable,
in that we've been able to take strong accommodative
actions in the last four or five years to support the
economy without leading to a, [indiscernible]
expectations or destabilization of inflation. To risk
that asset, for, what I think would be quite tentative
and, uh, perhaps doubtful gains, on the real side would
be an unwise thing to do.”

Ben Bernanke

http://www.businessinsider.com/ben-bernanke-just-blasted-paul-krugman-at-his-press-conference-2012-4