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Gold/Mining/Energy : Gold Price Monitor
GDXJ 97.44-1.2%Nov 14 4:00 PM EST

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To: banco$ who wrote (23250)11/21/1998 4:55:00 PM
From: Zardoz  Read Replies (1) of 116762
 
"Hutch, Each nation is responsible for its own debt, regardless of EMU. The ECB is very clear on this. Member states are not about to "pitch in" or surrender reserves in excess of those required for EMU participation."

And if you read the article I posted, you'll find out that it stated that Italy, {and another} were each in default on the ECB rules. Thus interest rates spikes. And as inflation, deflationary trend spread, A total unification of the whole will be the norm. And CB selling of GOLD will continue.
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