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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
Actually, Super Mario is the name given to Mario Monti (former EU Commissioner on competition/regulation) and NOT Mario Draghi. Monti has been suggested as possible Italian PM. Very respected worldwide.
Partisan,
If ECB cuts 25 bps, then this might be good for gold but not really sure if any effect on euro. 50 bps cut would be euro negative and very positive for gold.
Ashraf
It is not at all clear what the new ECB chairman Draghi will do.
I think he will be Super Mario ....
so the markets will very closely watch words between lines on Nov 3 ECB meet the press.
What effects will an ECB cut have on gold and silver?
Many thanks, John
Agree with Sarah but...
... not sure if Bahrain's stability can be put in same light as that of rest of Gulf nations.
Id also worry about Saudi Arabia in 5 yrs from now, when the new King Naif may block some of the reforms announced by the current Abdullah.. How will it look 5 or 10 yrs from now is a big question. Saudi structural economic problems of youth unemployment and poverty (yes, poverty) are becoming a problem. Not to mention, the SOCIAL part of socioeconomic such as: rising rising Islamic extremism (Salafism), eroding women's rampan rights despite recent announcements, drug use, etc.
The rivalry for economic preeminence shall be (already is) between Qatar and Abudhabi (UAE). Both are handling it differently.
Ashraf