Jim Rogers: British Pound could collapse within weeks
Euro in danger as Greece crisis deepens
Central Banks More Aggressively Reducing US Dollar Exposure In Their Reserve Portfolios
My Comment: They will rush from currency to currency, trying to find the safe haven. Eventually they will realise that the answer was staring them in the face all along: Precious Metals, Gold & Silver are the only real safe haven.
No one's obligation and no one's liability. Physical Gold will always be accepted.
Ironically, Greenspan (in 1999) probably said it best:
"Fiat money, in extremis, is accepted by nobody. Gold is always accepted"
They will come in droves, when the physical runs dry they will scramble for any related assets including the stocks. It won't matter what currency you have bought in, Gold will be rising strongly in all of them.
Expecting a strong night, my guess is a close above $1130. In a bull market the surprises are to the upside.
they will rush from currency to currency...
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