mercredi 19 mai 2010

Save your savings, what should you do?

Germany's Merkel Says Euro Is in Danger

Buy Gold?

Blackstone Sees Gold Rising to $1,500

Sell it All, Risk of 'Major Crash': Dow Theory’s Russell

Take the Nouriel's medicine ? What does it mean for your assets and savings?
Financial Reforms 'Cosmetic,' Won't Stop Crises: Roubini

Credit Markets says what ?
"Bets made with swaps on the bonds of 10 European nations including Greece, Spain, Italy and Portugal total less than $108 billion, according to the Depository Trust & Clearing Corp., which runs a central registry that captures most trading. That’s 0.97 percent of the $11 trillion in outstanding debt of those countries, International Monetary Fund data show. "

Then, what's the ban about ?

“The market sees an inadequate policy such as this as an act of desperation and a refusal to address the fundamental problems at hand,” said Brian Yelvington, head of fixed-income strategy at Knight Libertas LLC in Greenwich, Connecticut."

Read it all and decide : Swaps Soar on Germany’s ‘Act of Desperation’: Credit Markets

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