The European Central Bank just announced a 900 Million Euro cash injection to the Greek banks so they can open on Monday. Hmmm. Prior to the closing of the banks the Greek people were pulling out around 100M Euro per day because they weren't too confident that the banks would make it. Now that they KNOW that their banking system is insolvent just how long do you think the banks will stay open?
My guess...ABOUT 1 WEEK!
I wonder how the markets will "digest" another Greek bailout by next weekend?!
Crazy games playing out in Greece that will hit the USA by the end of August...are you ready?
May the Road you choose be the Right Road.
Bix Weir
www.RoadtoRoota.com
PS - *Buy the books as they tell you all about who, how, why and WHEN!
Book I: "Silver, Gold, Bitcoin...and God!"
http://www.roadtoroota.com/
Book II: "Out of The Darkness"
http://www.roadtoroota.com/
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