So many things happening and I have no time to track them -- very
My ignorant guesses ....
- The Euro banking system + region is kept afloat by money printing .
Some of it quite unorthodox ( Irish Banks ) .
- Merkel has just been sent a very loud message by the voters
"no more money printing and no more giving away our money bitch " .
- I understand from previous reading that there are massive debts to
be rolled over in March . Do we see a problem here ?
All of which kinda leaves the EU with no where to hide when the one thing
that 99.5% of politicians find extraordinarily hard to do is anything that
makes them unpopular .
All paper is a short position on gold.
“Gold is money. Everything else is credit.”
“If we don’t believe in freedom of expression for people we despise, we don’t believe in it at all.” ( Noam Chomsky )
Last edited by Ross; 02-21-2011 at 04:53 PM.