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Wednesday, June 26, 2013

There is no longer a free financial market - Central Banks and funds control this

Ad Majorem.....Wealth Builders

 From Money News

The central banks and sovereign funds have largely controlled the financial market.  Their huge holdings of bonds which roughly is l0% of the world GDP means the CB can dictate the price of bonds and other financial instruments.  The central bank must move towards tapering of the purchase so that the financial markets will be free and open again

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