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Strategies & Market Trends : Financialsense (FSO) - Jim Puplava forum -- Ignore unavailable to you. Want to Upgrade?

To: the navigator who wrote (51)	12/10/2007 7:19:08 PM
From: sea_biscuit	Respond to of 125

I think Puplava's argument is that eventually (perhaps after a painful Q1 2008 ?) the ECB will co-operate with the US, because they will find themselves in trouble sooner or later. Of course, it is only academic as to whether the dollar is better than the Euro or vice versa. Not when there is real money around in the form of gold and silver!

To: the navigator who wrote (51)	12/12/2007 12:09:18 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 125

Well, I think today's announcement is a big step towards the central banks' cooperation that Jim Puplava was talking about : news.yahoo.com "The U.S. Federal Reserve on Wednesday announced the creation of a temporary short-term lending facility to ease credit market strains in concert with market-calming actions by several other major central banks." news.yahoo.com "Market rallies as central banks join forces NEW YORK (Reuters) - Stocks rallied on Wednesday after the Federal Reserve said it is collaborating with four other central banks to ease credit market strains through increased short-term lending."