Tuesday, August 02, 2011

EU crisis - Juncker to meet Tremonti on Wednesday

The euro currency is firmly on the skids this evening. Tremonti meeting Juncker tomorrow, read Forbes from here, hardly seems the kind of response that could possible achieve anything.

Gold has hit $1647 an ounce with an hour's trading left to go on the markets in New York.

Read an interesting item, urging Trichet to change his spots and start printing money, titled 'Can Jean-Claude Trichet turn into Jean-Claude Van Damme' from Forex Crunch, linked here.  This being expected from the man who actually raised Euro interest rates just a couple of weeks or so ago.

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