Neither the Euro or the EU is seriously at risk.The money raised by Ireland is NOT a bail out and Ireland is not defaulting.Even if there will be future sovereign debt crises they will be dealt with appropriately and resolved.Remember that not only do the Europeans have a stake in this.The Chinese export massive quantities of goods to the EU and are fiercely determined to maintain the strength of the Euro and the EU economies.
Despite China temporarily applying the brakes it will continue to to grow rapidly and consume huge amounts of resources.
Despite a recent reversal in the US dollar index,the decline in the US dollar will soon resume and gold will continue its inexorable ascent as the world becomes flooded with US paper.
All the stars are aligned for Beadell.
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