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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: roguedolphin who wrote (158515)	10/17/2011 11:21:41 AM
From: Dennis Roth	2 Recommendations Read Replies (1) of 206181

OT: Here comes the Euro-area recession ‘How comprehensive can a solution be?’, asks a rhetorical Euro Weekly, ‘for post Merkel and Sarkozy’s announcement, expectations have been raised for the 23 October Council meeting... in sum: we expect progress in many areas, including debt sustainability in Greece, bank capitalization, support for Italian and Spanish sovereign bond markets and euro area governance, but we do not expect the summit will be able to end the crisis... markets might be disappointed again... the likely upcoming defaults in Greece, Portugal and Ireland will create substantial challenges... the euro area economy is likely to slip into recession in 4Q’. Euro Weekly How Comprehensive Can A Solution Be? 14 October 2011 ¦ 20 pages ir.citi.com

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