Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Giordano Bruno who wrote (41064)	8/9/2011 2:29:01 PM
From: ggersh	Respond to of 71475

Markit's seem to like it.....WTF!

To: Giordano Bruno who wrote (41064)	8/9/2011 2:40:02 PM
From: ggersh	Respond to of 71475

Did you hear about this? finanzas: Germany proposes to Spain and Italy to sell Germany proposes to Spain and Italy to sell their gold reserves Merkel's allies claim that Spain and Italy to settle their budgets, even selling gold. Germany proposes to Spain and Italy to sell their gold reservesRelated NewsHow many bullets can use the ECB?850,000 million and patchesThe Christian Democratic Union (CDU) and the German Liberal Party (FDP), members of the governing coalition in Berlin, Spain and Italy intend to implement privatization or selling some of its gold reserves to address its debt, said the newspaper " Financial Times Deutschland. ""They should fix their budgets, something they can carry out privatization and the sale of its gold reserves," the newspaper said Michael Fuchs, deputy spokesman of the parliamentary group of the Christian Democratic Union (CDU) party of Chancellor Angela Merkel .Meanwhile, economist Frank Schäffler, the liberal FDP, the junior partner of the German government considered "necessary" for the indebted states to sell part of its gold and deposit part of their reserves of gold as collateral at the European Central Bank ( BCE).In addition, Schäffler argued that peripheral countries of the eurozone financial problems should use their own assets to address its debts before resorting to the help of other countries that share the euro.Several experts from both parties also noted that Italy is the fourth largest by reserves of gold, and that this metal is now at historic highs.The ounce of gold exceeded the market yesterday in New York $ 1,700, as many investors consider a safe haven compared to the debacle that stock markets are suffering around the world.