Tradefair & Financials
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Excerpt:
We commit to take all necessary actions to preserve the stability of banking systems and financial markets as required. We will ensure that banks are adequately capitalized and have sufficient access to funding to deal with current risks and that they fully implement Basel III along the agreed timelines. Central Banks will continue to stand ready to provide liquidity to banks as required. Monetary policies will maintain price stability and continue to support economic recovery.
Question: Where will the money come from to recapitalize the banks when most of these G20 members are running a huge budget deficit and already have sovereign debts at obscene levels?
If anyone holding gold is concerned about the paper price attack on gold, my advice to you is....DON'T BE !!!
We commit to take all necessary actions to preserve the stability of banking systems and financial markets as required. We will ensure that banks are adequately capitalized and have sufficient access to funding to deal with current risks and that they fully implement Basel III along the agreed timelines. Central Banks will continue to stand ready to provide liquidity to banks as required. Monetary policies will maintain price stability and continue to support economic recovery.
Question: Where will the money come from to recapitalize the banks when most of these G20 members are running a huge budget deficit and already have sovereign debts at obscene levels?
If anyone holding gold is concerned about the paper price attack on gold, my advice to you is....DON'T BE !!!
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