The Gold Market - Mario Draghi is a Hype Machine

By on in
The Gold Market is pretty interesting here as investors realized on Thursday that much that comes out of Mario Draghi`s mouth is complete hyperbole, because things aren`t nearly as dire in Europe as some bankers try to persuade for additional stimulus out of the ECB, and Germany isn`t going to sign off on the extreme bazooka stimulus measures because Germans by nature are conservative, and there is a commensurate symmetry between ratcheting up extreme monetary measures and stoking the fire of unintended consequences.

First published here: The Gold Market - Mario Draghi is a Hype Machine

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)