I didn't notice the number; just that it was DOWN.
It's a trend that should last a bit longer. The Euro has a *LOT* of falling in store for it.
Greece isn't a big deal by itself. It's about equivalent to Apple. But if Greece leaves the EU, it forces the euro's value to be recalculated, totally screwing over those who have much invested in it. That kind of price volatility is not appreciated by investors. Then they'll start thinking about Spain. And Portugal. And Ireland. And Italy. And Belgium. And, eventually, about FRANCE.
Little Greece will create quite a commotion if it leaves the EU. The euro will fall hard, which means that American stock markets should too. They're beginning their descent now, in anticipation.
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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