Is this like asking for an invitation to one of Signor Berlusconi's bunga bunga parties? I think it would be of the foremost importance to discuss all the specifics in advance.
So far the IMF and ECB are not helping resolve the situation. One has to wonder what they are thinking.
If you have read the paper on Sovereignty and globalisation by the Council on Foreign Relations president Haass which I had linked you recently, you may have some better idea of where this may be heading.
The Greek electons are on June 17th. Speculation will intensify as the date approaches, and the Greek people decide if they wish to accept the proposition on the table.
It looks like rough trade to me. Perhaps it would be best just to say 'no.'
I remain long bullion, having added on the dip the other day, but am also carrying some short stock index positions as a hedge again.
