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To: SeekAndFind

If you have Gold, sell now! The Euro is in trouble and may eventually disappear. That will cause the dollar to rapidly increase and Gold will crash.


2 posted on 05/21/2012 7:35:04 AM PDT by Old Retired Army Guy
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To: Old Retired Army Guy

RE: That will cause the dollar to rapidly increase and Gold will crash.

Yes, but when the dust settles, people will begin to ask -— how strong are the FUNDAMENTALS of our currency?


5 posted on 05/21/2012 7:54:12 AM PDT by SeekAndFind
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To: Old Retired Army Guy

“If you have Gold, sell now! The Euro is in trouble and may eventually disappear. That will cause the dollar to rapidly increase and Gold will crash.”

Or maybe the US will print money to bailout the Euro until the Dollar and Euro go down together.


6 posted on 05/21/2012 7:55:06 AM PDT by running_dog_lackey
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To: Old Retired Army Guy
If Greece or Spain were to leave the Eurozone then this would be sharply bullish for the Euro.

The only thing that could make the Euro actually disappear would be if Germany stopped using it. This won't happen under Merkel - unless Hollande forces her hand by repudiating France's debts or something like that.

9 posted on 05/21/2012 7:58:42 AM PDT by agere_contra
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To: Old Retired Army Guy

You should be buying gold now not selling. This country’s GDP to debt ratio is worse than Greece. When the dollar no longer is the reserve world currency and we can’t print money to pay our debts this country is done.


13 posted on 05/21/2012 8:09:36 AM PDT by pterional
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