Gold Surges On QE-3 Rumors
This morning, after the U.S. Labor Department announced the disappointing non-farm payroll report gold started to surge higher. The catalyst for the rise in gold is the anticipation and speculation of another quantitative easing program by the Federal Reserve. Today, the SPDR Gold Shares (NYSE:GLD) are trading higher by more than $5.00 from the pre-market low to $155.49 a share.
http://www.inthemoneystocks.com/rant-and-rave-blog/item/94670-gold-surges-on-qe-3-rumors
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