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Fed opened Swap lines again to of all places Swiss Nat'l Bank (SNB)! Gold to the roof!!

 
Night Owl

User ID: 904954
United States
08/18/2011 10:13 PM

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Fed opened Swap lines again to of all places Swiss Nat'l Bank (SNB)! Gold to the roof!!
If one of the biggest banks in the world has to come to the USA Fed for dollars, this could be BIG!! The most the Fed has lent out since October 2011!

"If true, this means that the European insolvency, liquidity and what have you crisis is about to take an exponential step function higher." [Zero Hedge]

[link to www.zerohedge.com]

Time to bring in the tomato plants!!

This should give a big pump to gold!! Wait and see!
I think we are watching the world's economy implode before our very eyes! Scary but fascinating....
Night Owl (OP)

User ID: 904954
United States
08/18/2011 10:20 PM

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Re: Fed opened Swap lines again to of all places Swiss Nat'l Bank (SNB)! Gold to the roof!!
Correction - ment to say since October 2010! [Oops - sorry]

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