Today the Dow falls, the Euro gains, and gold falls. In the past gold did the opposite of the dollar, now it seems to follow the Euro, Euro climbs and gold dips as the dollar falls.
Looks as if the dollar has already been pushed aside as the strong currency in place of the Euro.
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June 7th, 2010 at 6:06 am
Actually, the opposite has been happening. The Euro is under stress because of the financial crisis of Greece and other countries in the Eurozone. There’s doubt among economists as to whether it will survive at all.
June 7th, 2010 at 6:06 am
The Euro rose because of talk the European Central Bank will step in and halt the precipitous decline (last month of the chart below) of the Euro (heading to parity with the USD).
http://finance.yahoo.com/echarts?s=EURUSD=X+Interactive#chart2:symbol=eurusd=x;range=2y;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
June 7th, 2010 at 6:06 am
The Euro is about to collapse.
June 7th, 2010 at 6:06 am
You got that right, where you been last there years? went to mars?
June 7th, 2010 at 6:06 am
The euro is in its final death throws, you must not be paying attention.
June 7th, 2010 at 6:06 am
PLEASE BE AWARE OF OBAMAS REAL TYPE OF CHANGE!!!
ONE WORLD BANK = ONE WORLD CURRENCY = ONE WORLD GOVERNMENT = THE DESTRUCTION OF THE CONSTITUTION OF THE USA = ???????????
THINK AMERICA……..
TAKE BACK OUR COUNTRY. BY THE PEOPLE, (((FOR THE PEOPLE))).
NOT by the government, for the government.
CLICK THE LINK FOR THE TRUTH.