2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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

GLD 382.95

-0.8%

4:00 PM EST

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To: Riskmgmt who wrote (101681)	6/28/2013 1:37:28 PM
From: carranza2	Read Replies (1) of 217744

Unbelievable, well, actually, not so unbelievable. Cyprus was the test. And it seems to have worked so they were encouraged. What about the EU's emergency fund? Wasn't it supposed to be sufficient to keep things stable? If so, why the bail-in initiative? The dirty little secret is that the emergency fund [I think it was popularly known as the bazooka a few months ago] is very weakly funded. I think some payments have been missed. And it was to be funded over a number of years, so if a crisis happens before funding....... Not worried about gold. Bought a bit, and a bit of NGD. There was a rivulet of blood in the streets. Not a big collective hemorrhage taking place but enough to raise interest.

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