The Next Step DownWhat we are now seeing in Europe is the 'next step down'. There is a major currency crisis underway with the problems in Greece to the fore. Lets be honest, this is not a problem in Europe, it started in the States and is now spreading. It's about sub-prime, which I call unsecured mortgages and loans, started in the USA and Canada, bundled up and sold worldwide by the major financial institutions. We are at the top of a double dip recession, more vicious than anything seen to date. The Price of Gold will collapse along with the price of everything else as hyper-inflation sets in. I despair of the USA, suddenly this problem created by their major financial houses is everyone else's problem, they should be brought to account. Are GS totally immune.................... GLTA, you'll need it.