Well only two more weeks to find out which way the Greek Marbles will fall.
Im betting on a collapse of the bailout plan.
With the ECB ripping of all the other bond holders over Greece debt restructuring, MF Global defrauding all its customers, EMEA Determinations Committee voting NO (see below)on a Greek default so no CDS payouts for investors
Why is GOLD (& SILVER) still being suppressed unless the plan is to create a low entry price into PMs in the short term.
There is no logical reason for the GOLD price to go down, the billionaires have no other place to safely invest anymore.
Issue Number: 2012022401
Has a Restructuring Credit Event occurred with respect to Hellenic Republic?
Question 1. for vote: Has a Restructuring Credit Event occurred with respect to Hellenic Republic?
Vote result: No Votes: 15 "NO" votes - Bank of America Merrill Lynch Barclays Credit Suisse Deutsche Bank AG Goldman Sachs JPMorgan Chase Bank, N.A. Morgan Stanley UBS BNP Paribas Societe Generale Citadel Investment Group LLC D.E. Shaw Group BlueMountain Capital Elliott Management Corporation PIMCO
0 "YES" votes
Unfortunately there maybe some really good FML buying opportunities after the 20th March and I have run out of surplus cash.
FML Price at posting:
4.8¢ Sentiment: LT Buy Disclosure: Held
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