Markets plunged this morning on another disappointing US jobs report.

If this European "summit" results in little headway dealing with the Euro debt crisis, as expected, then we're edging much closer to a QE III.

I realize some analysts are predicting a law of dimishing returns from the next round of stimulus but I think the Fed will surprise some people with a larger than expected round of measures.

The economy needs to be pushing upwards for Obama to get re-elected so QE III has to be substantial enough and timed well enough for the effects to still be in effect in four to five months from now.

This would give at least a temporary market boost, which will hopefully help get the CUU buyout done at a reasonable price and without too much backlash from Teck shareholders who might not understand the size and significance of the Schaft Creek resource.

Just a theory.