central banks

Stein Sees Co-ordinated Easing from Central Banks

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Chavez Gets Back 160 Tons Of Gold

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From Bloomberg:

"Venezuela today received the last shipment of gold bars in an operation that repatriated 160 tons of the South American country’s reserves of the metal held abroad, said Nelson Merentes, president of the country’s central bank.

 

European Financial Crisis Infographic

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Imagine a 13 lane highway with the chain of trucks (like you see in NT) with a total length of three km.
 
 
That's about as close as you can explain the 2.91 trillion euros owed by economies of Ireland, Portugal, Italy, Greece and Spain to  Europe's largest banks. 
 

PIMCO: QE3 Will Not Provide What We Want

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From Bloomberg:

El-Erian of PIMCO on global markets leading to extreme events shortly:

Investment Psychopaths and the Financial Crisis

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Gold Price Target

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Bank Crisis looks set to continue

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