the banks in ireland are guaranteeing all of their deposits, so cash is fleeing england for ireland, in accordance with the rule that money goes where it is treated best. english bankers are furious, and want their own guarantees. an emergency european summit meeting is planned for saturday (if they can even agree on that) to figure out what to do next. i don't care what the comex price is, i want to own silver.

"Amid the confusion and bickering between governments, France denied at first that it had put forward a proposal for a fund at all and then, after admitting that it had done so, denied that it would cost 300 billion euros. Paris said that the figure had come from the Dutch Government. Officials in The Hague said that they had no idea what the French were talking about."

http://business.timesonline.co.uk/to...