Gold price peeling away in the last few days suggests that the Germans aren't quite there yet with QE. Maybe another week or so, just to let the rot really set in especially with the new Spanish government making no difference to the state of play.
Options other than QE or dismantling the whole damned experiment are becoming more and more scare.
ps I watched an excellent show on Kissinger last night on SBS. I'm sure he would have sorted this all out by now...what an operator!!!
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