If the Euro is collapsing and nations are going to revert back to national currencies, what will happen to foreign markets?
My first thoughts are gold purchases as well as US assets. And the government's first thoughts are going to be the severe limiting of gold purchases and severe restrictions of their currency leaving the country.
The Euro's demise seems inevitable, if not known to be eventual when it was created. Now, what's the timeframe and it's effects?
TraderGirl wrote:HPQ...probably headed to single digits, but wave 5 can be 62%, 100% or 162% of wave 1. Last correction it was slightly more than 100% of wave 1...
It seems like we are watching The Death Throes of the Republic in many ways, and one day the HFTs will not be able to stop the contagion.
SWalsh wrote:If the Euro is collapsing and nations are going to revert back to national currencies, what will happen to foreign markets?
My first thoughts are gold purchases as well as US assets. And the government's first thoughts are going to be the severe limiting of gold purchases and severe restrictions of their currency leaving the country.
The Euro's demise seems inevitable, if not known to be eventual when it was created. Now, what's the timeframe and it's effects?
Thoughts?
"We got a runaway train boy, we got a billion Eddie Barzoons all jogging into the future. Every one of 'em getting ready to fist-#### God's ex-planet, lick their fingers clean as they reach out toward their pristine, cybernetic keyboards to tote up their f##ing billable hours. And then it hits home!"
Al_Dente wrote:BARON:
Me too (benlloyd tweaked renko)
PS: bubba the new guy is only bb12 and you are bb52
U win
(what? U afraid of a little competition??)
525benlloydvxx.png
everyone here is my team unless you want me out
My comments are for entertainment/educational purpose only. NOT a trade advice.
Petsamo, pride comes before a fall. A good trader is aware of the flipside of the coin. Oscar Wilde writes: we are all in the gutter, but some of us are looking at the stars... And don't forget to read the biography of Jesse Livermore. He didn't end in the gutter, he committed suicide. Suggest you hand out a 5 dollar bill when you walk by some poor guy, the trading gods will appreciate
I'm neutral. either double bottom or double top, wait. aapl is up, I was wrong, now I'm neutral on aapl too.
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