One Trillion Dollar Greek Bailout! Off the Charts Money! Update May 9, 2010

Marc's Notes:

European policy makers unveiled an unprecedented loan package worth almost $1 trillion and a program of bond purchases as they spearheaded a global drive to stop a sovereign-debt crisis that threatened to shatter confidence in the euro.

Stunning is all I can say. A TRILLION DOLLARS?

1)How severe was this crisis for them to offer up ONE TRILLION DOLLARS!
2)They will PRINT the money as even the European Central bank doesnt have that much cash laying around.
3)Notice the bailouts are getting bigger with each go around?
4)Notice these guys throw the stunning amount of ONE TRILLION around like its candy?
5)Note the EU is buying bonds which is against the EURO rules yet they are doing it anyway? And note my last update where I predicted they would do this because they have NO OTHER WAY OUT?

This is STUNNING and should be a wake up call for all investors. Do you realize just how much these guys are coughing up to stabilize this Greece situation? These amounts are OFF THE CHARTS! This is the "Nuclear" option and should show you how DIRE this whole thing is. You dont need a nuclear solution for a pop gun problem. Just what I have been telling you. This is serious stuff ladies and gentlemen. If it wasn't, they would'nt need so damn much money.

Take heed. The markets will probably run tomorrow in a knee jerk reaction and run hard. Take that oppurtunity to get safe, unload stocks and get ready to rumble. Gold is down this evening as I write this as they are selling gold to confuse you. Be clear. The more they print, the more gold you probably need and the more I am buying. Anyone selling, please email me!

Stay tuned. I am more alarmed then ever at this stunning bailout and shows how WORRIED THEY ARE.  So should you be.

All for now, but fear not. I will stay on top of this for all of our sakes.

Marc