The game continues with the Cypriot President asking for, and now finally admitting that his Country needs a complete EU bailout overhaul to stay afloat.
No doubt more mock surprise will abound across the Globe, while the mandarins furiously try and re-jig the terms of the bailout.
I wonder if this news sparked more panic over whether Cyprus really will now have to sell a big chunk of their 14 tons of gold, causing gold prices to fall further over the last few hours. I imagine the next couple of days will be interesting when this latest Financial Times story starts rolling.
Anyone for acquisitions right now?
alacer and fml?? australian newspaper, page-55
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