Steen JakobsenSteen Jakobsen , Chief Economist & CIO, Saxo Bank
Denmark, 30 July 2012 at 12:47 GMT+0
Recommended Recommend Unrecommend Recommend
September: Crunch time for Europe and Germany. After last weeks massive short covering the time is now for the anti-dote. Zerohedge.com and Reuters combine into excellent overview and calendar for August/September. Here is Zerohedge link and its a MUST read: http://tinyurl.com/d4uulwf

The bottom line: A meeting of the Cardinals/Bank holiday as we have said continuesly since H2-2011. Time is up Europe. It's now or never and this weeks ECB meeting - WHATEVER - they decide will merely be about buying time.
http://www.bankingfinance.eu/B-E-Blog/Steen-Jakobsen/November-2011/50-ways-to-leave-%28save-%29-the-EU.aspx

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Saxo Bank provides an execution-only service. The material on this website does not contain (and should not be construed as containing) investment advice or an investment recommendation, or a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. Saxo Bank accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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