Commodity Trade Mantra

Posts Tagged ‘Buying Equities’

Plunge Protection Teams of the World, Unite!

When things get very serious, the central bank can buy assets directly, and in such massive quantities that the markets are forced to respond appropriately. If this fails, the last resort is a coordinated buying campaign by all the central banks, acting in concert. This last stand has a rallying cry: Plunge Protection Teams of the World, Unite!

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