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HomeInvestors Say “Nein” to German Bund Auction
Posted by Larry Doyle on April 11th, 2012 10:29 AM |
Those familiar with the shell game or three card monte are aware that in order to keep the game going, new players with new money are required to enter.
In the world of global finance, a wide array of iterations of these games are being played literally each and every trading day. Who often plays the role of both dealer and participant? The central banks.
Without these entities involved in the markets, there is no doubt that interest rates would be substantially higher than current levels. The critically important questions facing all investors are the following: (more…)
