As predicted in the first of our series on the Euro crisis, events are moving quickly and as tension builds a run on banks will begin. That's because the volatility in the bond market is really a proxy for bank instability since a Euro break up will be preceded by a wave of bank defaults. In the Financial Times Monday December 13th Wolfgang Manchau confirms that wealthy European families are already moving out of Euro as a currency. Swiss banks love these wealthy European's with tens of millions to move into their banks, but what about Irish savers marooned off the west coast of Euroland and not enjoying the scale that a Swiss banker might like? The answers can be found in an AAA rated Australian Dollar Liquidity Fund and / or diversifying into Gold and Silver. By answering three questions here we will send you an information and action pack.

How Long Will the Euro Crisis Last?

That depends on a debate that's only beginning in Germany. It's going to come to a head at some stage but the resistance to the ideal solution of a consolidated E-Bond within Germany is severe as reported here in The Wall Street Journal. That means that the solution involving much deeper fiscal union in Europe, coded language for giving up further powers from the sovereign to the middle, isn't going to be easily found. That, in turn signals that the crisis enveloping the Euro is going to continue well into 2011 before its resolved by a big bang default that forces the pace or by a meltdown of the Eurozone.