Monday, October 06, 2008

Look, despite the famous "consencus buying gold and asking for reduced interest rates", I believe that so far ECB policy has for the past two years prevented a lot of agents in the EU to misuse credit, it doesn't look very pretty now, would be far worse today, if those asking for reduced interest rates had been listened to....
As long we don't know if Jean-Claude is still fully empowered, I'm buyin USD.

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