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FX Warning

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FX Warning

Postby shinnosuke » Wed Jun 13, 2012 10:42 pm

Read this article and the comments below.

http://www.zerohedge.com/news/due-extreme-volatility-some-market-analysts-foresee
When in the Course of human events it becomes necessary for one people to dissolve the political bands which have connected them with another and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature's God entitle them... (Thomas Jefferson)
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Re: FX Warning

Postby BamaJoe » Wed Jun 13, 2012 10:54 pm

Interesting. Whether it's this weekend or some other time in the future the crap is coming.
If you are waiting for the "correction" to buy you need to realize that the increasing prices ARE the correction.


$100 Silver soon coming to a location near you.
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Re: FX Warning

Postby Engineer » Thu Jun 14, 2012 12:07 am

I'm not sure whether I should buy or sell PM's in relation to that news...so I'll do both! :)
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Re: FX Warning

Postby Silver Addict » Thu Jun 14, 2012 12:53 am

Isn't that when the Greece elections are taking place?
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Re: FX Warning

Postby shinnosuke » Thu Jun 14, 2012 1:17 am

Silver Addict wrote:Isn't that when the Greece elections are taking place?


Yep. Will they elect parties that want to exit the Euro or simply fail, again, to form a coalition government? Plus, the Spanish bailout is already a bust and Italy is tottering. Lots of things to watch for.
When in the Course of human events it becomes necessary for one people to dissolve the political bands which have connected them with another and to assume among the powers of the earth, the separate and equal station to which the Laws of Nature and of Nature's God entitle them... (Thomas Jefferson)
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Re: FX Warning

Postby Chaboo » Thu Jun 14, 2012 11:40 pm

Engineer wrote:I'm not sure whether I should buy or sell PM's in relation to that news...so I'll do both! :)

+1
I'm walking a fine line of keeping my stack stacked and my stash..ummm... well, enough stash.. :lol:
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Re: FX Warning

Postby PADFH » Fri Jun 15, 2012 8:49 am

I love how short the euphoria over Euro "bailouts" has become. This half life lasted 4 hours. "Oh, they're gonna fix it!!!! Buy Buy!". "Wait, the underlying policy hasn't changed? Sell! Sell!"
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