Where will all the money which is being sent abroad from Greece, Spain and Italy go?
An important part will be invested in gold, no doubt about it. And logic tells me this will be an ongoing process that doesn't stop, since there is no solution offered and fear will continue to arrive in waves. First the richest will turn to gold, but gradually other layers of society with important savings will get nervous and discover gold. Even in the UK they will soon understand that they are on a road to nowhere and that gold is the only investment that offers protection. Added to the eastern demand, significant demand for gold is there. The question is just, when the cartel gets overwelmed. I believe that can be anytime, also in summer.