I reckon there's money (good money) to be made buying EU banks soon.

[DimPrawn]

In 2009, Santander ADR (Banco Santander, S.A. (ADR): NYSE:STD quotes & news - Google Finance) went down to just over $5 a share, by then end of 2009 it was over $17 a share, tripling your money after the bailouts.

Now it's down to $7.5 a share, I expect to see it lower, but at some point the ECB will print a trillion Euros to save the day and EU banking shares will rocket, doubling or even tripling over a 12 month period. These banks are "too big to fail".

I'm keeping my eye on a list of EU banks, when we are at maximum doom it's time to pile in big time and then clean up post printy printy.

[eek]

If only a trillion euros is enough. with Italy facing the final curtain France is rapidly warming up just in time for Spain to reveal the real mess they are in when the new government takes power.

Just wanted to cheer you up a bit.

[DimPrawn]

If only a trillion euros is enough. with Italy facing the final curtain France is rapidly warming up just in time for Spain to reveal the real mess they are in when the new government takes power.

Just wanted to cheer you up a bit.

Thing is, if you are printing money,you can just add more zeroes until you get an arithmetic overflow on the computer at the bank.

I think this sums up the situation and why there's no point worrying.

[suityou01]

If only a trillion euros is enough. with Italy facing the final curtain France is rapidly warming up just in time for Spain to reveal the real mess they are in when the new government takes power.

Just wanted to cheer you up a bit.

Finally eek I think you get it

Keep an eye on BNP Paribas and Soc Gen shares over the coming days

Tomorrow will make today look like a day at the races

[MarillionFan]

Market will be up tomorrow at the end of the day.

[eek]

Finally eek I think you get it

Keep an eye on BNP Paribas and Soc Gen shares over the coming days

Tomorrow will make today look like a day at the races

I got it years ago (an economics degree can occasionally be useful).

What I'm really looking forward to is the reaction of France when Germany turf them out from the euro.

[suityou01]

I got it years ago (an economics degree can occasionally be useful).

What I'm really looking forward to is the reaction of France when Germany turf them out from the euro.

From which Poly?

Gawd I'm sounding like SAS

Off to bed for Suity

[eek]

From which Poly?

Gawd I'm sounding like SAS

Off to bed for Suity

Poly? Do you mind its a Harvey's No questions asked back of van $50 desmond special.

[MarillionFan]

Feck off. Clean sweep in progress.

[Freamon]

In 2009, Santander ADR (Banco Santander, S.A. (ADR): NYSE:STD quotes & news - Google Finance) went down to just over $5 a share, by then end of 2009 it was over $17 a share, tripling your money after the bailouts.

Now it's down to $7.5 a share, I expect to see it lower, but at some point the ECB will print a trillion Euros to save the day and EU banking shares will rocket, doubling or even tripling over a 12 month period. These banks are "too big to fail".

I'm keeping my eye on a list of EU banks, when we are at maximum doom it's time to pile in big time and then clean up post printy printy.

SOLD to you!