Economic forecasters predict more quantitative easing by the federal reserve. With the recent $868 billion stimulus package that ultimately did not boost the economy as anticipated, but only created a sideways movement, has investors wondering if the Federal Reserve will turn up the printing presses yet again. Experts such as the late Bob Chapman, who passed away on June 4th, believed that we will see another round of money printing in the near future by the federal reserve, which can result in a further debasement in the United States dollar. Veteran gold and silver trader, Jim Sinclair is also forecasting QE3, money printing by the Fed. Experts such as Jim Rogers predicts a continuation in the reversal in gold prices, but ultimately remains bullish on his long term gold prices. Jim Rogers states “If gold prices fall to $1300 I hope I am smart enough to buy more.”