This weekend's headlines certainly point to heroic efforts to head off a world financial meltdown. Looks like the money printing globally is going to be full throttle soon. This has to be good for gold. Roubini may be correct: this may be too late and we may have a temporary meltdown first.

A few of the Headlines:

Ukraine Gets $16.5 Billion Loan From IMF; Hungary Next in Line

Bank of Korea Cuts Key Rate a Record 75 Basis Points (Update1)

India Tries to Put Itself "Ahead of the Curve" with Surprise Rate Cut

Kuwait moves to prop up major bank after losses

China's Wen calls for 'every means' against crisis

Companies start competing for bailout money

Fed to slash rates as recession looms

SilverNut