Now its Italy; Next: MadagascarThe talk is now centred around the dismantling of the European Economic Union and the abandonment of the Euro entirely. The prediction I have just finished reading is for physical gold to move up quickly with all of the chaos and buffoonery going on in these PIIGS. The prediction has gold hitting 3,000$/oz with further realization that these most impacted countries are essentially finished and that their proposed austerity plans will only exacerbate their problems by causing further economic stagnation and a deepening recession, which is likely to pull down the rest of the Union. Many of these countries have billionnaires who spend most of their time on one of the many Riverias and who, incredibly, pay little, if any taxes to their respective governments. The money held in old established estates there involve some of the richest interests in the world and yet they do nothing to pay their share to save their own countries. The Onassis Family alone is worth billions and one could fill a book listing such other examples. For those interested in reading this prediction, I will post the reference to it. For these countries, they have only themselves to blame for the position they find themselves in now.