Grexit, page-476

Maybe the ECB will have its version of TARP to quarantine the Greek debts since they are the ones who majority owns it?

The only measure available in the short term is the gold price and USDX which are both saying USDx is the safer haven. The Euro gaped down at the open which is understandable but no follow through selling just like last Monday.

Just not clear cut as the stock markets were all sold down while the bond prices rallied.

This is telling me that the market is not factoring a big debt contagion effect ie. no Euro collapse and strong USDX maybe the data driven Yellen's rate rise potential. Unfortunately gold is not measuring the fear by the stock market sell off.