Summary: A Look At This Week’s Show: -Euro zone now estimates 2 Trillion Euro’s needed for adequate “Shock and Awe” backstop to Euro banks -Last week’s realization that recession is far from over triggered a flight to liquidity (Dollars and long bonds) -The selloff in Gold and other commodities was purely a “paper” sale to raise quick liquidity. Real physical gold is not being sold and is in fact become harder to acquire
