Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Yes, why don't they sell that shiny crap? Do they want to impose AusterityTM even if they can get out of it by the simple expedient of dumping some very nearly useless metal?

(Incidentally, this logic presupposes that the Bundesbank is more prepared to support the price of gold than the price of Portuguese sovereign bonds. But in view of recent history this does not seem like an incredible assumption.)

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Fri May 6th, 2011 at 12:00:31 PM EST
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