@Ophir
"We await"
Brings back nostalgic memories of the "Heart" on Gold Forum, who, daily, predicted "imminent explosion to USD 1,400", not just to the day, but the hour (you know exactly who I'm talking about). Now, mysteriously MIA...for a month now (extended vacation?).
He may , equally mysteriously, re-appear tonight....as ritualistically as the Banks so very artfully manipulate the gold price (which, by the way, can be learned, or is it learnt?
)
Separately, once you hear the Italian PM say "My view is that Italian banks are good," Renzi told CNBC in Rome.", you KNOW they are NOT GOOD. Same was said by German Finance Minister Schnable about Deutsche Bankster, heading under 10 Euro - literally, a "single digit midget" (see below).
http://www.cnbc.com/2016/08/02/ital...te-problems-at-bmps-prime-minsiter-renzi.html
These are BIG problems...we're talking about potentially many billions of Euros to bail them out, especially, your friend and mine, Deutsche Bankster.
(SP visible in the right hand side of the image below)
Back to Italy and BMPS "There are some problems, yes. The first is Monte dei Paschi, we know. But Monte dei Paschi
is also a great brand, the most ancient bank around Europe …" (the oldest in the world, to be precise). Coke is a great brand, too, but people buy the stuff. They even drink it.
I reckon my ex-GF, a kind lady but who dumped me nonetheless, who works at the State Library of Vic as a humble, wage-slave, can see that this is a very troubled company (along with UniCredit - the biggest). A blind man (woman) can see that.
We're talking SP of 1/3 of a Euro...by my figuring , about AUD 0.37c...not even a "single digit midget" (i.e. a fallen angel, now under 10 bucks, an American term), but now a penny stock.
MC = 835.64M (Yahoo Finance), presumably Euros... = AUD 935M!
BEN (Bank of Bendigo, a troubled company, IMO) has MC - AUD 4 billion
. Bendigo!!!!!!!!!!! Rural Victoria!!!
I hope some get a laugh out of this Post...but see the line below....
"I don’t make jokes. I just watch the government and report the facts." - Will Rogers
