Euro Area

[gaelic cowboy]

Buy gold or Swiss fancs. Euro devaluation on it's way and probably Germany and Finland out.

I laughed when he said “Action in the primary market would be a violation, not secondary market”... Lisbon Treaty in flames.

to be honest Gold is that last thing you want to buy now, the stuff is clearly in a bubble.

A currency devaluation pretty unlikely in a monetary system as big as the Euro, far more likely it floats up or down depending on who is buying or selling.

Also the Lisbon Treaty doesn't really have much to do with ECB governance.