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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (41263)10/13/2008 2:03:03 PM
From: elmatador  Respond to of 217693
 
Pledges have reached a total of 1.96 trillion dollars. Europe moves to aid banks
3 hours ago

European governments are putting billions of euros on the line to protect the continent's banks through guarantees and other emergency measures.

Pledges by Britain, Germany, France, Spain, Austria and Portugal in recent days have reached a total of 1.96 trillion dollars.

The sums are considered a maximum, and might not all be spent if the financial crisis eases.

Many of the pledges came a day after the 15 nations that use the euro currency agreed on an unprecedented bank rescue plan.

Europe's most unified response yet to the financial crisis dwarfs the US government's 700 billion dollar rescue programme.

The plan helped calm markets on Monday after they dived last week. European and Asian stocks are also up.



To: Haim R. Branisteanu who wrote (41263)10/13/2008 8:16:37 PM
From: TobagoJack  Read Replies (2) | Respond to of 217693
 
i am roughly at

50% cash (hkd, cad, gold @ 16.9%)
30% unleveraged real estate
20% equity (canadian energy, old line manufacturing, short against usa commercial real estate, and have no position in gold mines)

i am no more advocating gold as i am advocating hkd. i like them all, and had always updated the thread on allocation.

so, you must be not referring to me when speaking of gold advocacy.

recommendation: buygold is translated as "brace, brace, and get parachute to within grabbing distance"

btw, buygold :0)