More accurate are the opinions of those who believe that without a more serious intervention from the Fed, which can only mean another round of quantitative easing (QE III), the current quasi-recovery will soon fade and the tides of recession will overtake us once again.

FORBES: Fed Is Killing The Recovery With Quantitative Easing

Does this mean that the Fed is gearing up for Quantitative Easing 3 (QE3)?

FORBES: The Fed Juices Up Gold

Some analysts said the jobs data could mean the Federal Reserve will stay in a quantitative easing mode longer than the market expects.

FORBES: Gold Seen Rising Next Week

In fact, TD Securities said, one potential catalyst for covering would be if remarks from Federal Reserve Chairman Ben Bernanke should be construed to mean policy-makers were staying the course of quantitative easing.

FORBES: FOCUS: CFTC: Large Specs Slash Gold Net-Long Position Again; Short-Covering Potential Seen

That is what QE3 might mean for the Federal Reserve and the world economy that has to deal with U.S. quantitative easing.

FORBES: China Gov Investors Wondering When Is QE4 Coming?