This is it. We’re expecting a nice year-end relief rally on the back of the the positive political developments and rise of the technocrats in Italy an Greece. A vote of confidence from the ECB could really give the rally a nice boost.
Italy Europe has one shot and it’s all Mario Monti’s back. Will the Italians rally behind his government and take the necessary medicine? Remember how the Koreans brought their own private gold to the central bank during the 1997 crisis to insure the country “made it”? Stay tuned.
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