Draghi’s Bazooka Backfires, Gold Explodes – Ep.150
* Mario Draghi at the ECB fired his big bazooka today; people had anticipated that that would be the case * In fact, it seems like he fired a bigger blast than people were expecting, he announced that he would reduce negative interest rates further * They moved from -.3 to -.4 and he announced an expansion of their…
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