Market Prices Are Always Wrong.

The Key Problem Is The Debt Restructuring In The Euro Zone. As Long As The Debt Burden Is Not Reduced, There Is No Chance Of The Weaker Eu Countries Regaining Competitiveness.

I Called Gold The Ultimate Bubble, Which Means It May Go Higher. But It’s Certainly Not Safe And It’s Not Going To Last Forever.

Discount The Obvious, Bet On The Unexpected

The More Comprehensive And Convincing A Debt Reduction Program Is, The Less Likely It Is To Fail. And Remember, Just As Germany Is Grateful To America For The Marshall Plan, Italy Would Be Grateful To Germany For Helping It Lower Its Refinancing Costs.

Any Central Bank Should Only Be In Charge Of Liquidity. Solvency Is A Matter For The Treasury.