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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 393.24

+1.1%

Dec 11 4:00 PM EST

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To: Canuck Dave who wrote (85016)	12/23/2011 5:09:07 PM
From: TobagoJack	Read Replies (1) of 218397

more help on the way, just in acting man update: Bini Smaghi Comes Out in Favor of European 'QE', Austria Gets to Keep Its AAA Rating. Austria somehow bamboozled the Moody's analysts checking it out into leaving its rating at AAA. Possibly the old Leopold Figl trick was employed: drinking one's opponent under the table. This is according to legend how Austria got Moscow to give its placet to the country's independence after WW2. Meanwhile, outgoing ECB board member Lorenzo Bini-Smaghi comes out in support of Fed-style 'QE' for the ECB. It appears that there has been and probably still is, a debate within the governing council over the merits of employing this more directly inflationary method. Since this is what central bankers do (print money), it's probably coming down the pike at some point. Credit market charts updated. acting-man.com

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