gold price trend

2011年12月2日 星期五

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Network will enable the introduction of temporary swap lines to provide other central banks the Bank of England sterling, if necessary, and provide liquidity to the Bank of England, should be necessary, the Japanese yen, euro, Swiss franc, Canadian dollar (U.S. $ in addition to existing operations).

First, this should encourage home only in an unstable state of the financial system is in now. In essence, this is a re-run agency in 2008 has become skeptical about lending to each other. Therefore, the central bank's step, and now other people's habits, or can not provide "liquidity." To read more FAQ issues here.
In essence, this is just another iteration of the central bank's only tool - printing money.
However, this should be another than how quickly and "blue" concerted action to remind them. You go to sleep, all is well, then you wake up only to see the world is your money the central bank devalued again.
In the grand scheme of things, this is just a small version of the final "grand concerted action" looks like. Imagine the news before going to bed and get up, the International Monetary Fund, to take concerted action, and the revaluation of the SDR currency is now worth half of what is worthy of yesterday.
This is the future, today's action, should wake up those who protect their wealth continues to reduce the call.
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