Originally Posted by
Skol
Why would you buy gold based a bit of turmoil in Greece and Italy?
Italy's had more than 50 gubbermints since WW2 and Greece is famously known for financial shenanigans. More people own Porsche Cayennes in Greece that earn less than $40,000 p.a. than anywhere else in the world and oddly enough there's loads of Greek investors buying London property ATM but they appear on paper to be almost poverty-stricken.
I used to have dosh in Eurozone but not anymore thank goodness, I have some sterling stashed away but that's it.