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  1. MoolaManic
    1,334 Posts.
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    10/11/11
    20:43
    Post #: 9270407
    ECB buying Bonds as I suspected...

    Not even game to go to market to fail in front of the world....

    This is good news on the surface but when the world realises it has dipped into the 30 billion euro emergency Italy tresuries money, it will see this as negative...

    Robbing Peter to pay Paul so to speak...

    http://www.bloomberg.com/news/2011-11-10/european-central-bank-said-to-be-purchasing-italian-bonds-before-auction.html
    XJO Value at posting: 137.50
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    lightbulb Created with Sketch.  Great analysis
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