I can not and would not even try.
However on the FED and Europe, I do not believe that the FED would be bailing out European institutions be they banks or nations.
I get a bit of talk from Europeans and from Germans in particular ( though none well placed ) and they are fed up (pun intended ) about having to bail out Greeks among others. And Greece is a small country. Now look at Italy and Spain.
Nope, it just can not happen. Too much money involved for other's debts. The FED is for Americans and any talk otherwise is just political rhetoric.

The opinion of the common people in much of Europe is that those in debt should have a lesson of financial responsibility.
Americans of Europe? Huh, fat chance. BUT more stupid things have happened ( can't think of one at the moment) - that is my escape clause. Ha ha.

PMs and their stocks are the answer and with every day's passing it appears more inevitable.