European crisis spurs flight to safety

  • Print

    The Alex Jones Channel
    Alex Jones Show podcast
    Prison Planet TV
    Infowars.com Twitter
    Alex Jones' Facebook
    Infowars store

Reuters
Sept 12, 2011

Fears of a Greek default and credit contagion ripped through markets Monday, tumbling European shares to their lowest in more than two years and the euro to a seven-month low against the U.S. dollar.

Concerns that Moody’s Investors Service could downgrade the credit-worthiness of French banks and the lack of a solution to Greece’s debt problem undermined investor confidence and the appetite for risk.

Safe-haven buying briefly pushed yields on benchmark U.S. Treasury 10-year notes to lows last seen at least six decades ago and 10-year Bund yields fell to 1.73 percent.

The euro later rebounded from its low to trade up almost 0.8 percent at $1.3673 to the dollar.

Full article here


Print
Print this page.

Comment Rules


14 Responses to “European crisis spurs flight to safety”

  1. So, they put their money in the dollar.

    What idiocy.

    Gold is wealth protection.

    Silver is for trade.

    So the BIBLE teaches.

    Super Duper Man 1776 Reply:
    September 12th, 2011 at 9:21 am

    THAT BOOK OF FABLES DOESNT TEACH ANYTHING, IT SIMPLY STATES MYTHS CREATED BY PEOPLE WITH A 2 IQ AND YOU READ AND PUT WORDS INTO IT.

    Quantummonkeybutt Reply:
    September 12th, 2011 at 9:45 am

    I Want To Take This Opportunity To Also Extend A WARNING TO THE JAPANESE PEOPLE WITH 100km OF FUKUSHIMA…

    GET OUT NOW, WHILE YOU CAN…

    PLANS ARE BEING MADE TO QUARANTINE JAPAN’S CITIZENS DUE TO ACCUMULATING RADIATION EXPOSURE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    YouTube: watch?v=V2gmoAH225E
    (DR. HELEN CALDICOTT – N.E.
    JAPAN MUST BE EVACUATED!)

    YouTube: watch?v=wsF-WLE6alo
    (JAPANESE FOOD SUPPLY IRRADIATED AND INEDIBLE!!!
    Caesium-137 = 35,000 Bq/kg RICE!!!)

    QMB
    inside
    information

    Vic Reply:
    September 12th, 2011 at 9:53 am

    But how do we get off this planet? what goes around comes around ?

    Quantummonkeybutt Reply:
    September 12th, 2011 at 10:42 am

    I’m Sorry, Vic…

    Whatever Survives This Will Wish It Hadn’t…

    mindfully(dot)org/Nucs/2003/DU-Baby2003.htm

    QMB
    x-man

    Sam_Wheat Reply:
    September 12th, 2011 at 2:34 pm

    SuperDuperPooper,

    Fine.

    Keep your dollars.

    And, your flap-earned “messiah.”

    I prefer the “Four G’s:” God, gold, guns and garden.

    You can keep the change.

  2. One big, happy Euro Dollar family. Maybe that’s why I have to shop at Family Dollar.

  3. I would say Greece is not the only country to meet trouble with the Euro-zone regulations
    Its more easy to say which countries are NOT in the same problem like Greece
    For sure Germany,France,Holland(BENELUX),Austria and Scandinavian countries are out of the trouble
    But I am not sure about the rest

  4. CLASSIC EXAMPLE OF WHY YOU SEPERATE CURRIENCIES.

    SO WHEN 1 CRASHES, THE OTHER DOESNT !

    LIKE FKEN DUH !

    Sam_Wheat Reply:
    September 12th, 2011 at 2:36 pm

    Separate currencies ARE linked!

    Where did you get your economics education?

    From a box of Crackerjacks?

  5. I just got a $829.99 iPad2 for only $103.37 and my mom got a $1499.99 HDTV for only $251.92, they are both coming with USPS tomorrow. I would be an idiot to ever pay full retail prices at places like Walmart or Bestbuy. I sold a 37″ HDTV to my boss for $600 that I only paid $78.24 for. I use BIDSGET.COM

  6. TRNSLATION: ROMANS CONQUER GREECE AGAIN.

    Sam_Wheat Reply:
    September 12th, 2011 at 2:37 pm

    Finally, a SENSIBLE person!

  7. Flight to safety and US Treasuries all in the same sentence?

Leave a Reply

You must be logged in to post a comment.

You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes