Many times in recent months, Greece was supposed to run out of money, but then, at the last minute, found a few billions to pay the bills. Now though it seems that this incredible streak of luck is at its end and a hard landing may be imminent.
How to profit ? It's very hard to profit from any bankruptcy. In the very short term, the liquidity implications drag all asset prices down. Soon though, money creation will go into overdrive and again benefit mainly gold and silver prices.
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