Brakar, Yes, GB, BB etc will take all the action they can...

Brakar, Yes, GB, BB etc will take all the action they can including, Nationalization of Banks, lowering interest rates, increasing M1, M2 and M3 etc….

The point is that the LIBOR and the TED.SP are at critical highs. Banks are NOT lending to each other as they don’t trust each other. Businesses can’t operate and economies will grind to a halt. Inflation will soar (due to the printing of money) and Gold will have little choice but to respond violently upwards.