So this article is incredibly interesting if it is to be believed, and frankly it just cements what seems to be going on in Europe at the moment anyway. If you were thinking of buying gold over the next couple of months, doing so before this default happens might be a smart idea. Especially if you live in Europe.
http://hat4uk.wordpress.com/2012/02...-given-explicit-timetable-for-athens-default/A written document giving firm dates and detailed actions for a planned Greek default has been in the possession of two top Wall Street bank currency trading bosses since the second week in January. The Slog has separate but corroborative sources affirming the existence of the document, and a conviction among senior bank staff that – at least at the time – the plan represented “a timetable, not a contingency”. The plan gives a firm date of March 23rd for default to be announced after the close of business.