Greek demand for gold coins is rising as common citizens worry that Greece will exit the Euro. They have been taking cash out of the banks hoarding and buying gold coins as well according to the U.K. Royal Mint. But the bulk are simply hoarding cash and we are starting to see US dollars flowing to Greece in the physical context. This is all about confidence. The uncertainty of the future causes people to hoard. -Armstrong
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Greece 3yr notes trading 21.68% !
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