Quote:
Originally posted by spacemonk
Its likely to get much worse
From what i gathered we are looking at 1.60 $ USD for 1 Euro within 2 years
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Less than 6 months. But eventually people are going to say, "We are favoring the Euro simply because the USD sucks, not based upon true value". Then gold with continue moving higher as people will not be able to tolerate bidding the Euro higher. The EuroZone has its own issues... high debt and a war not being two of them.
-dd