RE:Greece climax has comeI think any residual backlash that ELD incurs off of the Greek whip
will be short lived and painless, like pulling an olive branch sized
splinter out of our butt cheeks. ELD will lose some ground with it's
projects there but a sharp spike in gold's value that the IMF has in thier
back pocket-pumping money into ECB gold backed funds for years-will offset
any dip in ELD stock over time. It will likely create new oportunities for expansion
with the giant Greek ostrich of managements back. I see it as being quite simple,
maybe too simple, Greece will not truckle to the demands of the Troika.
The policies are too strict for a country that shuts down production two
hours a day to take a nap. No offence intended to any Greek nationalists
that may read this but the politics of Greece need some serious shaking
not just by IMF policy makers. The entire socialist mood and tenor of thier
society needs to change.--it's ok Cyprus, foreign capital is a gooood thing.