Gold, Euro Problems And Currency Politics
The Cyprus bank crisis exposes the risks of highly leveraged and inflated currencies. The ECB and Cyprus will digitally cover this problem lest the island become a Russian colony which would tilt all issues in the Levant and Middle East. It would greatly impact all commerce. Solvency problems, shrinking growth and demographic crises in Europe will roil markets and speed transition to a new monetary order. The crisis boosts the $ and Yuan (RMB) which like precious metals are set to rise with the new reserve basket of currencies.
Read More: http://economicrisis.com/gold-euro-problems-and-currency-politics/2720