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US$$ or Euro??


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smidsy

Euro is King now!

 

The Saudis are considering quoting oil in Euro, instead of dollars, which is to be decided by 2012.

 

If that happens, say good by to the Dollar, it'll just be another currency.

I wouldn't bet on the Euro. Tonights ABC news said the the economy of Greece is in near collapse and that it is very possible that Greece will default on its debt. They also said that the economies of Italy and Portugal are also in dire straights.

 

 

Eh !

 

Your quoting my post from 8 months ago !!

 

Who could have guessed that Greece would falsify their reports, and get caught !

 

But as of today, euro is weak.

 

Iv lost a good bit so far transferring from Euro to Aus Dollar.

 

It used to be 2:1 AUD:EUR but now its 1.4:1.

 

Yep, thats 30%+ of my cash wiped out.

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Are you saying that making money in financial markets is not work?

 

Do I smell a little communist there?

 

 

Yeah sure, criticize the finance industry and your a communist...

Never mind they almost ruined global economics just a while ago.

And yes I'm saying making money on financial markets is not work in my eyes.

And I see some substantial differences to the retail business there.

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Are you saying that making money in financial markets is not work?

 

Do I smell a little communist there?

 

 

Yeah sure, criticize the finance industry and your a communist...

Never mind they almost ruined global economics just a while ago.

And yes I'm saying making money on financial markets is not work in my eyes.

And I see some substantial differences to the retail business there.

 

 

So what made you then tip your toes in those dangerous waters and call the US$$ a pig and the Euro the king?

 

Admit it, you called me wrong and now you are burning but just can't admit it.

 

Euro at 1.26 as of now, OUCH

 

 

gold rising, US$$ rising

 

 

NICE, baby!

Edited by scianna54
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Euro is going to be gone in a few years. King dollar is back!

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Going to make a call here:

 

1,15 to 1,19 $$ for one Euro will be seen not too far into the future, after that, I see can see some dark times coming for the greenback.

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So what made you then tip your toes in those dangerous waters and call the US$$ a pig and the Euro the king?

 

Admit it, you called me wrong and now you are burning but just can't admit it.

 

Euro at 1.26 as of now, OUCH

 

 

gold rising, US$$ rising

 

 

NICE, baby!

 

You were wrong then. It's a question of time frame.

As I don't deal on the financial market I can't tell you when I would have sold my

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Going to make a call here:

 

1,15 to 1,19 $$ for one Euro will be seen not too far into the future, after that, I see can see some dark times coming for the greenback.

 

We are on 1,27 now. So you are saying the

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sperry

BNP Paribas (second largest bank in Eurozone) is forecasting parity in Q1 2011.

 

http://ftalphaville.ft.com/blog/2010/05/06/222446/bnp-paribas-calls-for-eurusd-parity-in-q1-2011/

 

though this was before the shock and awe bailout which gained a day, so maybe its April 1 now.

 

Any organisation run by Trichet is suspect. He is the fool who noticed nothing wrong when signing off the accounts at Credit Lyonnais (

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A personal feeling...........not only will the Euro tank in the near future the EU itself will also unravel.

You'll see the Lira, Drakma, Franc and the Mark again!

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A personal feeling...........not only will the Euro tank in the near future the EU itself will also unravel.

You'll see the Lira, Drakma, Franc and the Mark again!

 

The Euro will not Tank, it has tanked.

And the chances of the EU unravelling are about as high as the united states falling apart (which has been prognosted by some Russian big shot)

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A personal feeling...........not only will the Euro tank in the near future the EU itself will also unravel.

You'll see the Lira, Drakma, Franc and the Mark again!

 

The Euro will not Tank, it has tanked.

And the chances of the EU unravelling are about as high as the united states falling apart (which has been prognosted by some Russian big shot)

 

still tanking I guess or maybe freefall?

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Euro at 1.26 as of now, OUCH

And as of today: Euro at 1.26

(And inbetween it was higher)

 

And you call that free fall?

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Euro at 1.26 as of now, OUCH

And as of today: Euro at 1.26

(And inbetween it was higher)

 

And you call that free fall?

 

 

Compare it to other currencies like the AUD or CAD. Looks like a freefall and things will get worse.

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