OTCPK:WSRLF - Post by User
Comment by
vindaloo_u2on Aug 22, 2011 12:37pm
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Post# 18967001
RE: Hopefully it holds here.........
RE: Hopefully it holds here......... Still 4 days till the Jackson Hole meeting...if the market doesn't like bernanke's plan we could be going lower. Here in germany, the Bundesbank is playing hardball:"Unless and until a fundamental change of regime occurs involving an extensive surrender of national fiscal sovereignty, it is imperative that the no bail-out rule that is still enshrined in the treaties and the associated disciplining function of the capital markets be strengthened, and not fatally weakened."DEUTSCHE BUNDESBANKMonthly ReportAugust 2011Aside from that, Shahristani still hasn't realized that iraq's oil was privatized a few years ago.In the medium term however, more money will be printed, Shahristani will succumb (unless he wants to bankrupt his country) and oil will go higher. WZR will rise accordingly.