Explor Resources Inc. (fka EXSFF)

[gharma]

WSJ: The Obama administration dispatched one of its top economic officials to Europe on Tuesday to press officials in Greece, Spain, France and Germany to calm a widening crisis that threatens to spark new trouble for the U.S. economy.

http://online.wsj.com/article/SB10001424052702303807404577434602798916414.html

I think they are seeing the limits of the stabilization efforts (I mean, of their interventions). Or maybe the Chinese masters yanked the chain because gold is not cheap enough.

QE ? later in the same article

U.S. officials have tried to minimize the damage by pressing U.S. banks to maintain higher capital cushions and by opening up Federal Reserve swap lines to make sure European banks, which lend to U.S. firms, have access to dollars.

No, not QE . . . but the lines of dollar flow to IMF, ECB, and now apparently directly to European banks, from the Fed sounds like more than the amount extended to the US (and European) financial industry back in 2009-2010