New Kitco DEM Page Lets Rumors About Germany Abandoning the Euro Fly
The Prudent Investor
Wednesday, May 12, 2010
A web page of precious metals prices provider Kitco.com has sparked rumors that Germany will leave the Eurozone and reintroduce German Marks, sending gold to a new record of $1,244 and silver to a multi-year high of $19.64.
It is this half-ready page shown below that has created excitement as it lists precious metals in Deutschmark units.
German website Silber.de had another market-sparkling comment from a forum participant who said goldprice.org has reintroduced a DEM option since about a week. Check it out here.
And there is still more material feeding the rumour. German leftist politician Gregor Gysi announced on TV that there may be an important announcement
to be made on Friday. The video below is in German.