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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum

Eurozone Nears Chaos As The Greek Debt Crisis Approaches

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Money Metals Exchange - Marked by a 6-day bank and stock market closure, the long road to official default in Greece is about to reach its end.

Creditors, including the International Monetary Fund (IMF), the European Commission, and EU central bank no longer stand willing to loan Greece the funds needed to maintain the flimsy illusion of solvency. It appears the epic game of kick the can is over - the troika of lenders will stop sending Athens the money that Athens needs to continue making loan payments to the troika.

Markets worldwide will be sorting through fallout this week as the Greek default and potential ouster from the EU moves from speculation to reality. Gold and silver prices enter the week near the lower bounds of recent trading ranges.

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All Forums Category: General Numismatic Forums Forum: Precious Metals and Bullion - Gold, Silver, Copper, Platinum



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