Heh. The "morning ramp up" is now underway! Futures are rising, and gold is up.
Dec. 9, 2011, 5:06 a.m. EST
Most EU nations agree to closer fiscal ties
Britain rejects proposed deal; at least 23 nations will sign up
Polya Lesova and Sarah Turner, MarketWatch
LONDON (MarketWatch) — European Union leaders Friday forged ahead with plans for tough new fiscal rules, but failed to secure the backing of all 27 members to amend the EU treaty.
After overnight talks in Brussels, European officials said 17 euro-zone nations plus six others will participate in a new inter-governmental treaty on fiscal discipline.
Britain was among the countries rejecting the deal.
Hungary, Sweden and the Czech Republic have also not committed yet to the so-called fiscal compact, according to reports.
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The United Kingdom, which doesn’t use the euro and has no plans to join the euro zone, decided to opt out of the proposed deal.
“What is on offer isn’t in Britain’s interests, so I didn’t agree to it,” British Prime Minister David Cameron said.
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Van Rompuy said that members hadn’t yet come to an agreement on euro bonds but that euro-area member states would continue to work on fiscal integration.
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More: http://www.marketwatch.com/story/europe-summit-fails-to-reach-full-agreement-2011-12-08?dist=beforebell
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
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