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Re: Europe. This isn't Jim Rickards' first rodeo. He lays out the coming sequence of events:...
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Tuesday, April 10, 2012, 4:46 PM ETRe: Europe. This isn't Jim Rickards' first rodeo. He lays out the coming sequence of events: "Spain yields spike, investors puke, Soros buys 'em at 7%, Fed eases, IMF bails out Spain via SDR debt, bonds rally, rinse, repeat."
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More money for him simply gives him more influence to pursue it, regardless of the collateral damage.