Euro Bail Out for Dummies

Last week Europe Circus was like reading press releases from Pink Sheet Gold Exploration companies.

“We (think we) have found Gold. We are confident we will explore it and dig it to the surface. We have no machines (yet), but we will get them soon. There is quite some Gold, but we are not sure how much yet. It looks like good quality, but we are not sure. The best is that we have a buyer in China, you know, they buy all the Gold in the World. We haven’t asked them about it yet, but we will call them first thing in the morning and offer them Gold, we don’t have, yet”.

And the Euro Bail Out explanation for Dummies.