Bank of England Delivers £50Bn QE, as China And ECB Cut Rates!

• Did the markets rally greatly? No it did not! The European stock markets are mainly down to flat! The stimuli are losing their effects. The bullion banksters once again hit gold and silver to prevent them from rising rapidly. The Illuminists know that should gold/silver rise precipitously, it is the end of their fiat currency games. All they are doing is to delay the inevitable and to set the stage for a global economic, financial and monetary collapse leading to WW3!
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  Bank of England delivers £50bn QE, as China and ECB cut rates! 
  By  Philip Aldrick, http://www.telegraph.co.uk/ 
  The pain in the global economy was laid bare on Thursday after central banks in the UK, Europe and China launched a series of interventions to boost growth.
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  The Bank of England switched on the printing presses with a third round of   quantitative easing, adding £50bn to the £325bn already completed, while the   European Central Bank (ECB) and China cut interest rates.
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  China’s move, in particular, came as a shock. It was the second time in a   month that Beijing had reduced rates, prompting speculation that the world’s   second largest economy and engine of global growth could be stalling.
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  The interventions, which were not officially co-ordinated, came as Mario   Draghi, the ECB president, confirmed that “some of the previously   identified downside risks to euro area growth have materialised”, and   the Bank warned that the crisis on the continent was eroding confidence in   the UK. Following the ECB action, the euro fell to close to a three-and-a-half year   low against the pound.
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  The Organisation for Economic Co-operation & Development said global   growth had picked up a little in the first quarter of the year, to 0.4pc   from 0.3pc in the final quarter of 2011, but remained weak.
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