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Another Crazy Greek Week On Tap

IMG Auteur
Tim Iacono
The Mess that Greenspan Made
Published : September 12th, 2011
117 words - Reading time : less than a minute
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Category : Opinions and Analysis

 

 

 

 

It looks as though it’s going to be another tumultuous week for financial markets as the inevitable Greek default grows nearer, policy makers in Germany already talking openly about it while making plans to shore up their banking system as other European leaders continue to hold out hope that, somehow, it can be avoided.


http://www.youtube.com/watch?v=apMuaHOzy_E&am...player_embedded


Tokyo stocks closed at their lowest level since April 2009 as last week’s free-fall for the euro looks set to continue in the days ahead. Dow futures in the U.S. are now down more than 200 points and even gold is taking a beating, down more than $20 an ounce as traders cash in their gold gains to meet margin calls elsewhere.













 

 















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Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.
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