Greek Minister of Finance just released a statement saying that Greece WILL NOT default on its debt and is critical that there is some sort of coordinated effort to try to knock the country down.
Doesn't surprise me. Traders are spreading all kinds of rumors out there to create fear so they can short. Until now shorting has been easy money...almost too easy. At some point very soon, I sense we are going to get a serious snap back in the markets that will burn these shorts badly.
Odd thing right now, Gold is selling off.
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