Chef, this will take time to play out. New elections now. The Italians may choose a "Brexit" type party and then the fun and games will start. The other thing is the vulnerability of the Italian banks which reportedly have liquidity problems and US$380 billion in "bad" loans. They might end up having a run on their banks this week. This could go anywhere and you would think that any number of outcomes here will be positive for POG. But like always we will all be wiser after the event.
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