Greeks Turn to Gold on Bank Bail-in and Drachma Risks
By Mark O'Byrne
PostedJanuary 30, 2015
The Greek stock market is down 36% year to date; the risk of global contagion in the event of a Greek exit is very real. Ordinarily such a crisis would require a massive coordinated effort from global stakeholders, perhaps directed by the IMF or some other pan-national financial body. But not in this case. Mark O’Byrne has the full story…