Saturday, May 7, 2011

Deepcaster: IMF Athens Meeting Next Week to Trigger EU Banking Crisis

EU? Or WE OWE U?
Was this week's gold and silver cartel take-down a preemptive move to prevent $100 silver and $2,000 gold as a result of an imminent EU banking crisis?  Deepcaster's latest is calling for an official Greek default as a result of next week's IMF/ ECB meeting in Athens, with 40-70% haircuts possible. This would likely trigger an EU wide banking crisis, resulting in a delay to the US dollar's collapse, as well as skyrocketing gold and silver prices.
Could this be the reason for the coordinated attack on gold and silver this week?



Click here to read entire report from Deepcaster: