SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.31+0.6%Nov 7 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TobagoJack who wrote (84654)12/16/2011 2:16:27 PM
From: 2MAR$  Read Replies (3) of 217625
 
Bold predicitons 2012 : "In early 2012 we get a bona fide bank run on some European bank," he says.
http://finance.yahoo.com/blogs/breakout/

Broadly speaking, the implications of such a run would be a collapse of the Euro (even more so) and a spiking dollar. Such a plunge would shock those still relying on global central banks to print our way out of trouble and presumably lead to a daisy-chain of horrors throughout the global financial system.

On the upside, it would be good for the dollar. The trade, as Bleier sees it, is bailing out of gold and essentially any other commodities related assets.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News