Dr. Marc Faber editor and publisher of the gloom boom and doom report was a guest to Goldseek radio on April 06 2011 , he says that the FED may eventually announce QE3 but not right away in June when the QE2 ends , the inflation rate in the US is much higher than what he government is publishing ...Gas price are still depressed , Gold may see a correction at some point...Gold is not in a bubble it is rather under owned by most investors ...
Marc Faber :" ...My feeling is the FED it will complete QE2 , in June it will be finished and that after it they will be waiting to see how the bonds market reacts to less purchases or no more purchases of the treasury bonds by the FED , because it's not evident that the bonds market will necessarily go down because of the withdraw of QE2 because last April in April 2010 we had the end of QE1 and after that the bonds market actually rallied until August so the FED may not immediately announce QE3 but I think eventually it will happen , and concerning rates they will make sure that the FED fund rate stay below the rate of inflation and as you know the rate of inflation in the US is much higher than what the government is publishing "
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