who knew - Cypress economy is apparently closely linked to Greece.....
Thats a complete shock to world economists, who have just realised that the massive economy of Cypress might be impacted by the economy of their biggest trading partner. The world share markets have nosedived due to the heavy influence of Cypress on the world economy.
I just wish Cypress was not in the world top 10 consumers of Chinese products containing copper which in turn obviously sends OZL SP down. Apparently if Cypress stays in recession then Chinese copper consumption will collapse....
:) /SARCASM OFF
Market investors are obviously nervous given recent new highs - any negative news story can cause panic. When others are in panic that can be a good time to buy but dont jump to early unless you are prepared to wait a while longer for profit.
OZL Price at posting:
$5.62 Sentiment: Buy Disclosure: Held