Kathy Lien: "Very good possibility we could see co-ordinated intervention this coming week"

Source: ABC (Australian Broadcasting Network)
Date: August 09, 2011 09:50:00 (AST)
by: Kathy Lien interviewed by Ticky Fullterton



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Kathy Lien's interview with ABC (Australian Broadcasting Network) concerning the recent Standard and Poor's downgrade of the U.S. and its affect on currencies, including the Australian dollar. Of note is that Kathy thinks there is a strong possibility of some sort of coordinated intervention this week by the G-7 or otherwise, as well as the likelihood of future SNB (Swiss National Bank) and BOJ (Bank of Japan) intervention to weaken their respective currencies, as happened last week. Also watch the Fed language closely tomorrow during the FOMC meeting at 2:15 EST.

Why does Gerald Celente call the Swiss the "money cockroaches" of the world?

Excerpt from PressTV interview: 'Banksters in control of economy'

Hint: Closed captioning is available via the CC button on the video