The problem is this is not fact yet and reports coming out suggest that its more a rumour.
It would take many months for this type of operation to be approved and there is no guarantee it is going to fly with the peoples of the EUSSR who are very discontented. Theyve had it up to the necks with money printing, bank bail outs, unfettered immigration, and the economic practices of their med cousins.
A few politicians having dinner with some journalists does not a trillion dollar bailout make.
We could be looking at months of uncertainty leading up to November and quite frankly anything could happen.
Ive had enough of this ponzi scheme and will be looking for a small bounce in the markets at which to offload my remaining stock. Time to sit on the sidelines until there is clear direction to resolve this mess.
I hope to buy some physical too in the coming weeks. But for equities I dont hold out much hope.
