Balloon guy 158 Posted May 13, 2010 Share Posted May 13, 2010 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 Link to post Share on other sites
Balloon guy 158 Posted May 13, 2010 Author Share Posted May 13, 2010 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. Link to post Share on other sites
Pot Odds RAC 23 Posted May 13, 2010 Share Posted May 13, 2010 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. Link to post Share on other sites
Balloon guy 158 Posted May 13, 2010 Author Share Posted May 13, 2010 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. Link to post Share on other sites
nutzbuster 7 Posted May 13, 2010 Share Posted May 13, 2010 The Euro will always be strong.The U.S. treasury will see to that. Link to post Share on other sites
nutzbuster 7 Posted May 13, 2010 Share Posted May 13, 2010 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. Link to post Share on other sites
Balloon guy 158 Posted May 13, 2010 Author Share Posted May 13, 2010 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 Link to post Share on other sites
LongLiveYorke 38 Posted May 13, 2010 Share Posted May 13, 2010 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. Link to post Share on other sites
mk 11 Posted May 13, 2010 Share Posted May 13, 2010 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. Link to post Share on other sites
Balloon guy 158 Posted May 13, 2010 Author Share Posted May 13, 2010 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. Link to post Share on other sites
hblask 1 Posted May 14, 2010 Share Posted May 14, 2010 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. Link to post Share on other sites
strategy 4 Posted May 14, 2010 Share Posted May 14, 2010 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. Link to post Share on other sites
mk 11 Posted May 14, 2010 Share Posted May 14, 2010 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). Link to post Share on other sites
mk 11 Posted May 14, 2010 Share Posted May 14, 2010 eur collapsing, down 200 ticks today. eu equities finished down 4% Link to post Share on other sites
Pot Odds RAC 23 Posted May 14, 2010 Share Posted May 14, 2010 eur collapsing, down 200 ticks today. eu equities finished down 4%The DOW & Gold aren't doing much better. Link to post Share on other sites
mk 11 Posted May 14, 2010 Share Posted May 14, 2010 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. Link to post Share on other sites
SlapStick 0 Posted May 14, 2010 Share Posted May 14, 2010 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. Link to post Share on other sites
speedz99 145 Posted May 14, 2010 Share Posted May 14, 2010 eur collapsing, down 200 ticks today. eu equities finished down 4%York, you feel anything? Link to post Share on other sites
LongLiveYorke 38 Posted May 15, 2010 Share Posted May 15, 2010 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. Link to post Share on other sites
Balloon guy 158 Posted May 15, 2010 Author Share Posted May 15, 2010 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. Link to post Share on other sites
strategy 4 Posted May 17, 2010 Share Posted May 17, 2010 1.2267asian indexes getting clobbered as well Link to post Share on other sites
Balloon guy 158 Posted May 17, 2010 Author Share Posted May 17, 2010 1.2267asian indexes getting clobbered as wellFeel okay about the future, so I booked a Med cruise for this August.Start in Venice, end in BarcelonaMy wife and I already agreed that we would not be getting off the boat in Athens. it was kind of boring for us last time and now we don't want to get accosted for free hand outs now that the government is slowing down their free handouts there. Link to post Share on other sites
strategy 4 Posted May 17, 2010 Share Posted May 17, 2010 Feel okay about the future, so I booked a Med cruise for this August.Start in Venice, end in BarcelonaMy wife and I already agreed that we would not be getting off the boat in Athens. it was kind of boring for us last time and now we don't want to get accosted for free hand outs now that the government is slowing down their free handouts there.I've heard athens is a pretty ugly city. Link to post Share on other sites
Balloon guy 158 Posted May 17, 2010 Author Share Posted May 17, 2010 I've heard athens is a pretty ugly city.You go to the Acropolis thinking: This is going to be awesome, it's a hill of ingeniousness, where great thinkers thought great things.Then you get there and realize that they literally built crappy houses right up to the very base of the hill, so when you are up there, you are constantly reminded of the fact that you are in a big city, with pollution, crime and facially hairy women.It kind of takes the wind out of your sails.Plus it sucks.But I've heard some people really enjoyed it. Some people also enjoy Haggis.. Link to post Share on other sites
strategy 4 Posted May 17, 2010 Share Posted May 17, 2010 You go to the Acropolis thinking: This is going to be awesome, it's a hill of ingeniousness, where great thinkers thought great things.Then you get there and realize that they literally built crappy houses right up to the very base of the hill, so when you are up there, you are constantly reminded of the fact that you are in a big city, with pollution, crime and facially hairy women.It kind of takes the wind out of your sails.Plus it sucks.But I've heard some people really enjoyed it. Some people also enjoy Haggis..same concept with the pyramids:http://maps.google.com/maps?q=pyramids+of+...mp;t=h&z=16I'm probably never visiting greece. I could just watch the history channel, don't they have a series on third world shitholes between all the nazi programming? Link to post Share on other sites
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