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Re: Barclays Says Italy Is Finished: "Mathematically Beyond Point Of No Return"

By: Decomposed in ROUND | Recommend this post (0)
Wed, 09 Nov 11 5:24 AM | 52 view(s)
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Msg. 36155 of 45651
(This msg. is a reply to 36152 by capt_nemo)
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I've got news for Barclays. Italy ain't the only one that's not returning.

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:

Barclays Says Italy Is Finished: "Mathematically Beyond Point Of No Return"
By: capt_nemo in ROUND
Wed, 09 Nov 11 5:04 AM

Msg. 36152 of 45651

Submitted by Tyler Durden on 11/08/2011 - 20:13 Barclays European Central Bank Eurozone Italy Rate of Change

Euphoria may have returned briefly courtesy of yet another promise for a resignation that will likely not be effectuated for weeks or months, if at all, and already someone has done the math on what the events in the past several days reveal for Italy. That someone is Barcalys, the math is not pretty, and the conclusion is that "Italy is now mathematically beyond point of no return." Now... what time do those BTPs open again?

Comments: 22
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http://www.zerohedge.com/news/barclays-says-italy-finished-mathematically-beyond-point-no-return

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