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<p>[QUOTE="princeofwaldo, post: 1461624, member: 24091"]Read an editorial over the weekend that suggested all the talk of Greece leaving the Euro was misplaced. If the Greeks leave or are forced out, it will only be a matter of time before Spain, Ireland, Portugal and perhaps even Italy get dumped as well. A far better solution would be for all these countries to remain in the Euro zone, including Greece, and instead have Germany leave. They're the ones insisting on a strong currency which is strangling the rest of Europe. Were the Germans to leave, the Euro would instantly drop below a dollar, and the resulting increase in competitiveness for these countries would bail them out. As for German exports to the rest of Europe being decimated, well, that would be their problem not the rest of the worlds. In principle I pretty much agree with the analysis. The effect on gold prices? Who knows. Might actually knock it down 4 or 5 hundred dollars an ounce, which from a central bankers vantage point would be a huge victory.[/QUOTE]</p><p><br /></p>
[QUOTE="princeofwaldo, post: 1461624, member: 24091"]Read an editorial over the weekend that suggested all the talk of Greece leaving the Euro was misplaced. If the Greeks leave or are forced out, it will only be a matter of time before Spain, Ireland, Portugal and perhaps even Italy get dumped as well. A far better solution would be for all these countries to remain in the Euro zone, including Greece, and instead have Germany leave. They're the ones insisting on a strong currency which is strangling the rest of Europe. Were the Germans to leave, the Euro would instantly drop below a dollar, and the resulting increase in competitiveness for these countries would bail them out. As for German exports to the rest of Europe being decimated, well, that would be their problem not the rest of the worlds. In principle I pretty much agree with the analysis. The effect on gold prices? Who knows. Might actually knock it down 4 or 5 hundred dollars an ounce, which from a central bankers vantage point would be a huge victory.[/QUOTE]
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Lets see some Austrian coins, please post away!
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