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Re: Dow Rebounds, ECB Ready to Buy Bonds

By: Decomposed in ROUND | Recommend this post (0)
Fri, 05 Aug 11 8:44 PM | 41 view(s)
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Msg. 34348 of 45651
(This msg. is a reply to 34344 by clo)

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The dollar is falling even more. And, as clo reported, "the ECB is buying Italian bonds."

Don't mistake Italy for Greece. Italy is *big*. (And Greece is smaller than Apple.)

Desperation is setting in. It may be time to close the doors on the storm cellar.




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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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The above is a reply to the following message:
Dow Rebounds, ECB Ready to Buy Bonds
By: clo
in ROUND
Fri, 05 Aug 11 8:28 PM
Msg. 34344 of 45651

Dow Rebounds, ECB Ready to Buy Bonds

The headline from Reuters quoted sources saying the ECB is ready to buy Italian bonds if Italian Prime Minister Silvio Berlusconi commits to accelerate economic reforms to bring down the nation's debt.

http://www.cnbc.com/id/44032861


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