Italy is 'steps away' from losing international trust: Visco

Italy is 'steps away' from losing international trust: Visco

*ITALY IS `STEPS AWAY' FROM LOSING INTERNATIONAL TRUST: VISCO
— lemasabachthani (@lemasabachthani) May 29, 2018

Added at 3:34am

ECB’s Visco: Most Probable Scenario For Italy Is ‘Moderate Growth & Gradually Rising Infl.’
— LiveSquawk (@LiveSquawk) May 29, 2018

Added at 3:34am

ECB’s Visco: Seeing Recovery In Italian Economy, Growth Increasingly Self-Sustained
— LiveSquawk (@LiveSquawk) May 29, 2018

Added at 3:39am

ECB’s Visco: Urges Italy To Press On With Reforms
— LiveSquawk (@LiveSquawk) May 29, 2018

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fxsport

May 29, 2018 9:06am

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Italy is "steps" away from losing international trust? LOL

This was in the makings a long time ago....Anyone recall PIGS? Portugal, Italy, Greece, Spain?

lasty

May 29, 2018 5:24pm

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Quoting charterjoe

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anyone trading euro in 2010? lol this seems strangely familiar

Ignored

I think this is worse.

This is financial crisis number 2

Trader#3444

May 30, 2018 6:24am

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Please close this thread before someone mentions Bitcoins. LoL

NewtonsCash

May 29, 2018 6:43am

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Hows about this for contrarian -

Italy has the 4th highest Gold reserves in the World (2,451.8 Metric Tons)

They total the EU, they make money on the Gold gains

With that much debt and un-employment its what I'd do

NewtonsCash

May 30, 2018 7:16am

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Quoting Pleiadian

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{quote} That amount of gold is valued at 98,496,455,616 Euros. It is less than 1/20th of Italys' sovereign debt of 2 .0 Trillion Euros. The price of gold would have to rise 21 fold for Italy to make money on golds gains, without going into more debt.

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Sounds about right

Pleiadian

May 29, 2018 10:39pm — Edited

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Quoting NewtonsCash

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Hows about this for contrarian - Italy has the 4th highest Gold reserves in the World (2,451.8 Metric Tons) They total the EU, they make money on the Gold gains With that much debt and un-employment its what I'd do

Ignored

That amount of gold is valued at 98,496,455,616 Euros. It is less than 1/20th of Italys' sovereign debt of 2 .0 Trillion Euros. The price of gold would have to rise 21 fold for Italy to make money on golds gains, without going into more debt.