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Greece: Europe’s new commodity king?

Posted on 17 October 2012

It turns out that the poster child for the European debt crisis is not actually poor at all. In fact, the truth is that the nation of Greece is sitting on absolutely massive untapped reserves of gold, oil and natural gas. If the Greeks were to fully exploit the natural resources that are literally right under their feet, they would no longer have any debt problems.
Fortunately, this recent economic crisis has spurred it to action and it is now projected that Greece will be the number one gold producer in Europe by 2016………………………………………..Full Article: Source


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VRS - who has written 38584 posts on Opalesque Commodities Briefing.


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