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« BAIL-INS AND NEGATIVE INTEREST RATES, THE ULTIMATE ADMISSION OF FAILURE; CASH AND PHYSICAL GOLD, STANDING IN THE WAY OF A LIFETIME OF FINANCIAL SERVITUDE AND SLAVERY! | Main | Hillary’s Scary New Cash Tax »
Thursday
Mar102016

The Germans React To Draghi's Monetary "Tidal Wave"

Super Mario

Having discussed the market's disturbing reaction to Mario Draghi's desperate "all in" monetary gamble - one which saw an early bout of euphoria followed by one of the most aggressive Euro spikes in history, second only to the "December debacle" and the Fed's March 2009 announcement of QE1, we were waiting for the just as important reaction by the ECB's nemesis: the one country that not only has seen hyperinflation first hand (and appears to recall it vividly), but is just as aware where the ECB's monetary lunacy ends: the Germans.

We got it from Germany's Handelsblatt, when in an article titled "The dangerous game with the money of the German savers", the authors provide a metaphorical rendering of what is happening in Europe as follows:

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Silver still cannot make a new high....

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