"Und ich would be all consuming, all households and all 320 million citizens say in the euro area: you can rely on us, "
ECB chief Jean-Claude Trichet 22/09/2008
So, so.!
If the EU is not even small problems like Greece may be solved without outside assistance (ie IMF), which should happen only when more prominent problem countries like Italy and Spain (eg simultaneously) are in serious difficulties have been? there but since the Euro introduction of such large imbalances piled up, a precaution that one should fear the worst.
Colorful toilet paper
The euro will turn out under these conditions to be absolutely untenable in the long term.
first signs of erosion are compared to other currencies (and gold) are already visible. What do you do not want that dollar will make the race in the long run.
The blind support here, only the lame. As described
in March / April last year, the worldwide fiat money will probably be destroyed by a total of either default or hyperinflation.
also in Germany.
link:
http://de.euronews.net/2008/09/22/trichet-calls-for-overhaul-of-banking-system/
Note 31.3.10
Gold
Nach Erhebungen des World Gold Council haben die Zentralbanken dieser Welt in 2009 per Saldo 425 Tonnen Gold Gold gekauft. Das ist der erste Netto-Zuwachs seit 1988 und der größte seit 1964. Die Zentralbanken besitzen damit über 30.000 Tonnen des Edelmetalls, gegenüber dem Vorjahr eine Steigerung um 1,4 %. Im gleichen Zeitraum ist der Preis um fast 25 % gestiegen und notierte in der Spitze bei über 1220 Dollar je Feinunze. Gekauft haben im vergangenen Jahr vor allem die Zentralbanken von Indien, Russland und China ("BRIC").
(Klaus Singer, Timepatternanalysis)
0 comments:
Post a Comment