Gold soars to $1,700 in Greece
Thursday, May 27, 2010From Zero Hedge:
... Coinupdate.com reports that prices at which the Greek Central Bank is selling one ounce gold equivalents are as high as $1,700 (40% over spot), and prices on the black markets are even higher.
The punchline, as Athens slowly returns to a forced gold standard: " A popular spot for street vendors to sell their coins is near the Athens Stock Exchange. There the traders wait for citizens to bring payments received from unloading their paper assets like stocks and bonds."
That's good...
Read full article...
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Thursday, 27 May 2010
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