More QE3 Talk

At least there is one Fed Governor, Laker, who speaks the truth, essentially he yesterday said that more QE will not solve the problem, ie the problem is outside the Fed. 

No change in views other than on T-Bonds, while the bonds have retreated from that high day when we shorted them  a few weeks ago, we are seeing economic numbers that say that no bond collapse is coming soon, so we will be looking to move the short t-bond dollars to short gold.  Will update when that happens.

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