secret greek polls show proeuro govt win

Hey Gold Bugs

In the last fortnight before an election in Greece, Polls cannot be made public. But Polls have been conducted showing the Pro EU New Democracy Party is set to win on Sunday's election, hence Greece's Stock Market surging 10% yesterday!

Going to be a Great Week for the yellow metal and gold mining stocks next week!

We need to remember that all three leading parties including Syriza wants to remain in the EU. A win by pro EU New Democracy would ensure a swift negotiation of a softer austerity program, rather than a more aggressive Syriza push for weaker austerity requiring up to a week to negotiate.

Cheers Nectar


http://www.businessinsider.com/secret-polls-suggest-new-democracy-will-win-sundays-election-today-2012-6

The Greek Market Is Surging Like Crazy Today, And It's All Due To 'Secret Polls'
Joe Weisenthal | Jun. 14, 2012, 7:37 AM | 5,037 | 5



ATHENS, GREECE -- The Greek market is surging like crazy today.

The benchmark Athens Index is currently up 8.5%.

What's going on?

According to Greek stock market participants, there are "secret polls" that show the pro-bailout New Democracy party is leading and likely to win this Sunday's election.

Technically, polling is banned for the two weeks prior to the election, but the parties and so forth are still keeping tabs on the mood of the electorate, and these polls can get out.

Furthermore, Greek betting sites have shown also a spike in bets placed on New Democracy, and this too is seen as evidence of a shift.

So traders like the stability of the pro-bailout, conservative New Democracy party over the chaos of the left-wing SYRIZA party, and thus at least right now are speculating that the status quo wll remain.

Read more: http://www.businessinsider.com/secret-polls-suggest-new-democracy-will-win-sundays-election-today-2012-6#ixzz1xxDb2Kfk