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Euro single currency and the pseudo gold standard

Posted on 21 December 2009

From Marketoracle.co.uk: The Euros showing signs of stress lately. The Dollar climbed to $1.43, its highest in three months as the fiat race to the bottom continues. Greece’s sovereign debt was downgraded with the third generation of a Papandreou residing at the helm in what looks to be another Greek catastrophe.
Spain somehow continues to mask the mess it finds itself in. At some point the poison will inevitably seep through………………………………..Full Article: Source

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VRS - who has written 36243 posts on Opalesque Commodities Briefing.


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