This is what a global fiat "bailout" looks like on one chart.
Silver is up 11% since last Friday (and 16.7% since Thursday last).
Gold is up 8.5% from Thursday last.
The US Dollar [DXY] is 1.6% weaker.
And anyone having the misfortune of holding Greek bonds should have just learned that their Credit Default Swaps are 100% worthless.
Friday, 28 October 2011
Fiat bailout............from Rico
From Theo Spark at 10:53
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