QE 3 Will Surpass 1 and 2

Dear CIGAs,  
   
QE to infinity is as sure as death and taxes. The recovery in the US economy is not going to reach any take off speed, but rather return for a second recessionary experience post June of 2012.
 
QE 3 will surpass 1 and 2.
 
Gold will trade next between $1700 and $2111 before moving higher. The Gold Cartel will abandon their shorts over the next three years, having met their match in the marketplace .
 
Regards,
Jim
 
U.S. economy gains 120,000 jobs in March
Less-than-expected increase is smallest since last fall  
By Jeffry Bartash, MarketWatch
April 6, 2012, 10:31 a.m. EDT
 
WASHINGTON (MarketWatch) - The U.S. economy added 120,000 jobs in March, the smallest increase in five months, to break a recent string of strong employment gains, the government reported Friday.
 
The number of jobs created last month, seasonally adjusted, fell well below expectations and failed to top the 200,000 mark for the first time since November.
 
The March report also contained other signs of weakness. While the unemployment rate fell to 8.2%, the lowest level since January 2009, the decline occurred because more people dropped out of the labor force. It's the first time that's happened this year.
 
That's usually a negative sign because it suggests jobs have become somewhat harder to find. Yet a raft of other economic data indicate that more companies plan to hire, so a decline in the labor force in March could be a temporary blip.
 
In another break with recent trends, job growth in prior months was not revised sharply higher. The economy added just 4,000 additional jobs in January and February than initially reported, according to the Labor Department's revised figures.
 
The latest employment report interrupts a string of economic reports showing the U.S. on an upswing after several years of lackluster growth following the end of the 2008-2009 recession.
 
"The number was much weaker than expected, but does this represent a shift in the trend? That's unclear," said Michael Gapen, an economist at Barclays Capital.
 
Yields on 10-year Treasury notes dropped 9 basis points to 2.095%, as investors sought the safety of government bonds. Yields move in the opposite direction to price.
 
The U.S. stock market was closed for Good Friday; U.S. stock futures fell sharply after the jobs data.