Death of the Euro

Open and general public discussions about things outside of Lakewood.

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Bill Call
Posts: 3317
Joined: Mon Jun 06, 2005 1:10 pm

Death of the Euro

Post by Bill Call »

My investment choices are generally leading indicators of the decline of the investment. I recently thought it woud be a good idea to purchase Euros as a hedge against the declining dollar. It doesn't surprise me that the strength of the Euro is masking its weakness and the Euro is heading for a hard fall:

http://www.forbes.com/forbes/2008/0421/ ... newsletter
ryan costa
Posts: 2486
Joined: Fri Jan 06, 2006 10:31 pm

finance

Post by ryan costa »

financial markets are casinos that essentially respond to whatever the most people are gambling on at any particular time. There are a few mechanisms built into it that flip this into disasters every so often. disasters for one block are heroic victories for others. what is George Soros gambling on this time?
Richard Cole
Posts: 104
Joined: Wed Sep 28, 2005 1:42 pm

Post by Richard Cole »

The break-up of the European Union :?:

Could happen - whose side would the US be on?
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