gold has jumped us$82.00!!, page-61

Who knows how it will play out yet, Germany is in turmoil about this with their top judge calling for a referendum and Merkel's government hanging by a thread.

"Germany's top judge has issued a blunt warning that no further fiscal powers may be surrendered to Europe without a new constitution and a popular referendum, vastly complicating plans to boost the EU's rescue machinery to 2 trillion euro..."

http://www.telegraph.co.uk/finance/financialcrisis/8790785/German-turmoil-over-EU-bail-outs-as-top-judge-calls-for-referendum.html

"Confirmation of the talks, however, sparked outrage in Germany, where opposition politicians threatened to derail the plans by voting against a key amendment to the bail-out fund this Thursday... On Thursday, the German parliament is expected to vote through reforms to the EFSF agreed on July 21 to make it more flexible. However, the latest revelations have redoubled opposition efforts. Social Democrat Carsten Schneider said the government should come clean on its "real intentions" and that "the parliament and public are having the wool pulled over their eyes".

http://www.telegraph.co.uk/finance/financialcrisis/8790799/Germany-at-war-over-eurozone-bail-out.html