Wednesday, Jun 06, 2007
THE RAIN IN SPAIN STAYS MAINLY ON THE PLAINS - NOT ANY MORE
blanchardonline: Banks and Miners
Banks and Miners If the banking system in Spain is heading for a total meltdown as some economists now believe, they're running out of gold to plug the gap, having disposed ...
If the banking system in Spain is heading for a total meltdown as some economists now believe, they're running out of gold to plug the gap, having disposed of 20% of their reserves in the March-April time frame (the largest set of gold sales in the market by any ECB member bank during the life the CBGA) and we will have an update soon if they have continued that selling into May.
Posted by chris @ 12:17 AM (172 views) Add Comment
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