EU crisis - Juncker to meet Tremonti on Wednesday

The euro currency is firmly on the skids this evening. Tremonti meeting Juncker tomorrow, read Forbes from here, hardly seems the kind of response that could possible achieve anything.

Gold has hit $1647 an ounce with an hour's trading left to go on the markets in New York.

Read an interesting item, urging Trichet to change his spots and start printing money, titled 'Can Jean-Claude Trichet turn into Jean-Claude Van Damme' from Forex Crunch, linked here.  This being expected from the man who actually raised Euro interest rates just a couple of weeks or so ago.

Tremonti carries the weight of the EU on his shoulders!

"Beware." Tremonti was quoted as saying by Italian newspapers, in response to rumors that he might resign. "If I fall, then Italy falls. If Italy falls, then so falls the euro. It is a chain." so said Italy's Finance Minister;

The follow on, of course, was provided by none other than EU Council President , Von Rompuy himself, some weeks back, to the effect that if the Euro Currency goes, so goes the EU, and good riddance too!

So too, we must hope, go the EU pensions of all the traitors, such as Nick Clegg, who supported the EU today in Paris, no doubt, as always, with his own index-linked, tax free, EU pension at the forefront of his mind!