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Thursday, October 25, 2012

''Could The Central Bank Vaults Be Empty?''

From ETF Daily News
By Charles Goyette

''The importance of the question accelerates in the face of global money-printing, which is also accelerating. Since the start of the economic meltdown five years ago, the balance sheets of the world’s central banks have been growing at a frantic pace.

The U.K. has led the pack, up 362%, followed by the United States, which is up 223% — even before QE III. China is printing money as well, up 151% during the period, the European Central Bank, 146%, and Japan, 83%.''

''That’s a lot of money-printing.''

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