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Italian and Spanish bond yields are rising ever higher and world markets are being routed, but...

Italian and Spanish bond yields are rising ever higher and world markets are being routed, but for the ECB to step in would be "like pouring water into a bucket with a hole in it," says governing council member Luc Coene. Seems like he's pouring water onto an electric fire.
Comments (1)
  • golfitobob
    , contributor
    Comments (2347) | Send Message
     
    I think back to the high school grad and t/v opinion giver....

     

    Glenn Beck......... is he shining brighter then the gold an silver he touted........ Europe is coming down and the US ain't far behind,

     

    I think back to the SNL skit with Obama and he was right about gold.

     

    Which will win.. Half the world is buying US paper. The 10 Year going to 2% ? Or the other half buying gold. Will that be 2000 ?

     

    Or will they both win ?

     

    But, which one is the trap...???

     

    That will decide whether the fiat world continues or reality returns to our planet............ The google numbered question. How many zeros in a google ?

     

    PS Gold at 1682.@ da moment
    5 Aug 2011, 06:08 AM Reply Like
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