The Euro Zone is at the print (create money) or perish point, the Euro is dropping and will continue to drop (if the ECB does not print, then the Euro can't drop as it won't - very soon - exist) but Merkel seems to be playing a high stakes game. Either way, there is going to be a recession in Europe and it's going to be a nasty one. How much this will effect China and by extension Australia, remains to be seen, but right now, IMO, gold is king. How to play all this on the Forex market (something I have never tried) my guess is to buy the Yuan/RMB, albeit, the Chinese themselves are buying Au. and the Venezuelans are making sure nobody can steel theirs.
- Forums
- Forex
- ecb debt monetisation
ecb debt monetisation, page-6
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
EL8
ELEVATE URANIUM LTD
Murray Hill, MD & CEO
Murray Hill
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online