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The Eruo's Future


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#1 Balloon guy

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Posted 13 May 2010 - 08:18 AM



What can we expect from the Euro in the next 3 months?

Do we see the instability of the EU causing a massive drop?

Cause I am making travel plans and would like to return to a lot of Euro using countries this summer, but only if my strong dollar allows me to look down on the European scum...

Otherwise it's back to the Baltic
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View Posttimwakefield, on 18 April 2012 - 10:38 AM, said:

Things are only rights because the government decides they should be rights.

#2 Balloon guy

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Posted 13 May 2010 - 08:21 AM



I know I spelled it wrong. Whenever I think of the Euro, I think of Eeyore from Winnie the Pooh so my fingers get confused.
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"The whole modern world has divided itself into Conservatives and Progressives. The business of Progressives is to go on making mistakes. The business of the Conservatives is to prevent the mistakes from being corrected." G.K. Chesterson 1900

View Posttimwakefield, on 18 April 2012 - 10:38 AM, said:

Things are only rights because the government decides they should be rights.

#3 Pot Odds RAC

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Posted 13 May 2010 - 08:22 AM

Go to Costa Rica. Reasonably strong US Dollar, beautiful country, and they don't hate Americans there (yet).

...as far as the Euro goes, I've heard a lot of speculation that the Euro is in a bit of short term trouble.

#4 Balloon guy

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Posted 13 May 2010 - 08:27 AM

QUOTE (Pot Odds RAC @ Thursday, May 13th, 2010, 9:22 AM) <{POST_SNAPBACK}>
Go to Costa Rica. Reasonably strong US Dollar, beautiful country, and they don't hate Americans there (yet).

...as far as the Euro goes, I've heard a lot of speculation that the Euro is in a bit of short term trouble.



I've been to two Costa Rican towns, Puerto Limon and Puerto Arenas ( sp? )

I wasn't really impressed, but I have also looked at buying a house there and the culture, the government and the price of beach front homes make it very attractive. Not sure I can handle the summers though ( and I golf in 110 degree summers at noon all the time )


Although the joke factor of the thread is weakly in front, I am really curious about the effect the Greek thing and the $trillion bail out etc all will have on the world currency market. I have been pretty pessimistic about the American recovery but a stronger dollar could attract more business to the US markets and give us a much needed boost.
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View Posttimwakefield, on 18 April 2012 - 10:38 AM, said:

Things are only rights because the government decides they should be rights.

#5 nutzbuster

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Posted 13 May 2010 - 08:35 AM

The Euro will always be strong.


The U.S. treasury will see to that.



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#6 nutzbuster

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Posted 13 May 2010 - 08:36 AM

QUOTE (Pot Odds RAC @ Thursday, May 13th, 2010, 9:22 AM) <{POST_SNAPBACK}>
Go to Costa Rica. Reasonably strong US Dollar, beautiful country, and they don't hate Americans there (yet).

...as far as the Euro goes, I've heard a lot of speculation that the Euro is in a bit of short term trouble.



in 1987 I was a contestant on High Rollers (with Wink Martindale, LOL)


I won a trip to Costa Rica. It was indeed pretty awesome.






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#7 Balloon guy

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Posted 13 May 2010 - 08:44 AM

QUOTE (nutzbuster @ Thursday, May 13th, 2010, 9:36 AM) <{POST_SNAPBACK}>
in 1987 I was a contestant on High Rollers (with Wink Martindale, LOL)


I won a trip to Costa Rica. It was indeed pretty awesome.



With Wink Martindale...I BET it was awesome
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"The whole modern world has divided itself into Conservatives and Progressives. The business of Progressives is to go on making mistakes. The business of the Conservatives is to prevent the mistakes from being corrected." G.K. Chesterson 1900

View Posttimwakefield, on 18 April 2012 - 10:38 AM, said:

Things are only rights because the government decides they should be rights.

#8 LongLiveYorke

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Posted 13 May 2010 - 09:34 AM

I have a few Euro coins in my pocket right now. They seem fine to me, I'll let you know if they do anything odd.

#9 mk

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Posted 13 May 2010 - 10:35 AM

1.25 is a big support and might hold for a bit, but i see the euro trading probably 1.10 by the end of the year.

#10 Balloon guy

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Posted 13 May 2010 - 10:37 AM

QUOTE (mk @ Thursday, May 13th, 2010, 11:35 AM) <{POST_SNAPBACK}>
1.25 is a big support and might hold for a bit, but i see the euro trading probably 1.10 by the end of the year.


Will the pound follow the Euro?

Not that they are connected, just thinking of Europe as a whole.

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View Posttimwakefield, on 18 April 2012 - 10:38 AM, said:

Things are only rights because the government decides they should be rights.

#11 hblask

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Posted 13 May 2010 - 07:03 PM

Yeah, I think the Euro is in trouble. The problem is the dollar is about to meet many of the same problems, so it's hard to guess their relative strength.
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#12 strategy

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Posted 13 May 2010 - 09:04 PM

the currency manipulation discussion makes me laugh.

when the chinese do it, we speak out. obviously we do a bit of it. when the europeans openly say they will do it, we hear no such outrage.
QUOTE (ShakeZuma @ Wednesday, November 2nd, 2011, 4:25 AM) <{POST_SNAPBACK}>
seriously though, with that grammar it's really like, I mean it doesn't bother me as much that she gets beat, you know?


#13 mk

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Posted 14 May 2010 - 05:20 AM

QUOTE (hblask @ Thursday, May 13th, 2010, 10:03 PM) <{POST_SNAPBACK}>
Yeah, I think the Euro is in trouble. The problem is the dollar is about to meet many of the same problems, so it's hard to guess their relative strength.

the u.s. has some of the same problems the piigs do, but it's much easier to deal with when california, new jersey etc have the same currency and when that currency is backed by the largest economy in the world. also, the u.s. debt outlook for H2 2010 and forward looks much better. the more stable eu countries' ire will only grow as they're forced to devalue, and the political situation will get ugly.

eur/usd should test the next line in the sand at 1.2330 soon (2008 crisis low). next stop 1.1650 (the 2005 low).

#14 mk

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Posted 14 May 2010 - 07:12 AM

eur collapsing, down 200 ticks today. eu equities finished down 4%

#15 Pot Odds RAC

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Posted 14 May 2010 - 07:26 AM

QUOTE (mk @ Friday, May 14th, 2010, 11:12 AM) <{POST_SNAPBACK}>
eur collapsing, down 200 ticks today. eu equities finished down 4%

The DOW & Gold aren't doing much better.

#16 mk

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Posted 14 May 2010 - 07:41 AM

QUOTE (Pot Odds RAC @ Friday, May 14th, 2010, 10:26 AM) <{POST_SNAPBACK}>
The DOW & Gold aren't doing much better.

gold less than 1% off a record high? i'd say it's doing fine.

stocks have to come off as the carry trade unwinds.

#17 SlapStick

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Posted 14 May 2010 - 11:10 AM

More importantly is Ireland going to be ok?

I couldn't even go back there if I wanted apparently, no jobs at all and I've been out of the country too long to get any welfare.
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#18 speedz99

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Posted 14 May 2010 - 01:22 PM

QUOTE (mk @ Friday, May 14th, 2010, 8:12 AM) <{POST_SNAPBACK}>
eur collapsing, down 200 ticks today. eu equities finished down 4%


York, you feel anything?
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#19 LongLiveYorke

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Posted 15 May 2010 - 12:48 AM

QUOTE (speedz99 @ Friday, May 14th, 2010, 5:22 PM) <{POST_SNAPBACK}>
York, you feel anything?



Eh, I guess the coins feel a bit lighter today, but I can't really be sure. I mostly use Swiss Francs anyway. Now there's a currency you can set your watch to.

#20 Balloon guy

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Posted 15 May 2010 - 10:50 AM

QUOTE (LongLiveYorke @ Saturday, May 15th, 2010, 1:48 AM) <{POST_SNAPBACK}>
Eh, I guess the coins feel a bit lighter today, but I can't really be sure. I mostly use Swiss Francs anyway. Now there's a currency you can set your Jewish gold encrusted watch to.


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"The whole modern world has divided itself into Conservatives and Progressives. The business of Progressives is to go on making mistakes. The business of the Conservatives is to prevent the mistakes from being corrected." G.K. Chesterson 1900

View Posttimwakefield, on 18 April 2012 - 10:38 AM, said:

Things are only rights because the government decides they should be rights.




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