SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Beat The Street With SI Traders -- Ignore unavailable to you. Want to Upgrade?


To: kidl who wrote (32701)3/13/2010 2:42:18 PM
From: vireya1 Recommendation  Read Replies (1) | Respond to of 233835
 
HE IS PULLING YOUR LEG AS WELL AS HIS



To: kidl who wrote (32701)3/13/2010 3:10:57 PM
From: Proud Deplorable1 Recommendation  Respond to of 233835
 
haha, I'm practicing for April Fools day. Say no more >G<

this is true though

BERLIN, March 13 (Reuters) - Germany is considering the possibility of euro zone countries using their central banks' gold reserves to back a European Monetary Fund, German magazine Focus reported on Saturday.
The German Finance Ministry declined to comment on the report by Focus, which did not specify its sources.
"A proposal from the finance ministry suggests pooling the gold reserves of the former central banks of euro zone countries in a stabilisation fund," Focus wrote.
According to Focus, Greece still has around 112 tonnes of gold, while the German Bundesbank has 3,407 tonnes with a market value of around 90 billion euros.
German Finance Minister Wolfgang Schaeuble on Friday repeated his call for a fund which could, as a last resort, offer help to euro zone states facing bankruptcy.
Greece is battling a debt crisis and EU policymakers have been debating ways of providing support for it and other troubled euro zone members. (Reporting by Stefanie Huber, Writing by Sarah Marsh; editing by Patrick Graham) Keywords: GERMANY EMF/GOLD

(sarah.marsh@reuters.com; +49 30 2888 5226; RM: sarah.marsh.reuters.com@reuters.com)