Dollar Crash Euro Rally Buy GOLD

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[SteveChelsea13]

You are very knowledgeable for your age!

If I can give you a little advice, don't pay too much attention to Peter Schiff. He is at the very bottom of the financial industry, a broker with a very low level of education and understanding, a bit of an inside joke within the industry. Check out the annual returns of his clients over the past few yrs, appalling.

US CDS still much much cheaper than euro, as it should be. QE isn't very inflationary below full capacity.

[stockmarketfreak]

@SteveChelsea13 I don't listen to him much, but he think he's smart and he knows what he's talking about.

[Connerhead]

lol, The Euro will crash next year. Maybe a new Euro could do this with a strong central bank but a crash will have to occur before countries hand over their sovereignty. Doesn't matter how responsible the central bank is when the countries need to borrow so much money. The dollar is toast to though so I guess we both right :(

[stockmarketfreak]

@Connerhead I disagree. I still think the dollar will crash first. I could be wrong. The dollar may crash second, but I am still more bullish on the euro than the dollar. Everyone is so bearish on the euro! It seems obvious to me that the trade must change soon.

[joshtheobjectivist]

You remind me of a character of hers, Midas Mulligan, a banker who had ethics and a ground to reality. He owned a mint with no paper, and he would only loan to people with a demonstratable competence, and a clear plan. Maybe you can be that someday...you are certainly smart enough. What are u majoring in?

[stockmarketfreak]

@joshtheobjectivist I appreciate it. I major in business, but I don't pay attention in class. I am on my computer looking at my stocks or playing a game of chess on my computer during class.

[lesleyvoth]

Thank-you Bryan, I believe you gave an astute analysis of where we are heading. I have been saying that USA is heading for a major economic problems for two years. I was beginning to disbelieve my own prediction till I listened to you. Thank-you

[joshtheobjectivist]

hahahahaha, that is awesome. You should be teaching the business class anyway.

[stockmarketfreak]

@joshtheobjectivist A little. Why?

[joshtheobjectivist]

Have you ever read ayn rand?