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kinnu
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May 01, 2015, 02:37:21 AM |
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Us dollor index is in downtrend after the fed statement presently it is at 95 if it breaks more downside may be possible.
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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deisik
Legendary
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Activity: 3444
Merit: 1280
English ⬄ Russian Translation Services
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May 01, 2015, 07:11:45 PM |
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Us dollor index is in downtrend after the fed statement presently it is at 95 if it breaks more downside may be possible.
Recently gold has been negatively correlated with the USDX, so we should see a spike in gold prices soon if the index continues to decline. Actually, the Gold-USD chart as of April seems to be exceptionally ragged (compared to the previous months) which may reveal that the market is being heavily manipulated...   |
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bryant.coleman
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Activity: 3668
Merit: 1217
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May 02, 2015, 04:40:12 PM |
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that so bad, i still have some eur  I think this is bad for the economy in europe but this is good news for americans The value of USD is not actually increasing. So in reality, it is not good news for the Americans (check the gold price in USD, or silver price in USD, per ounce). In the past 3-4 months, gold has stayed at around $1,200 per oz. with hardly any movement. Gold is still solid as hell, that is what Bitcoin is happening. Bitcoin defeat's Gold in basically everything, except the fact it's too new and it's price, as a result, is a big rollercoaster. Once the price settles, Bitcoin will be the way to go for wealth storage. That's why I believe that rather than the US Dollar, gold is the main rival of Bitcoin. Gold is very similar to Bitcoin. It is protected against inflation due to its limited supply, unlike the USD. And compared to Bitcoin, gold has been in use for many thousands of years, and it can be traded almost anywhere including remote regions without net access. |
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umair01
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May 03, 2015, 05:47:04 PM |
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Euro may not sink as fast as you may think,but you can always go for Gold or BTC which are almost somewhat alike, they both need to be mined,except for btc supply and its volatile,either way hold it for a while and sell when high
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Fabrizio89
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May 04, 2015, 12:44:11 PM |
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This has enough strenght to do another leg up, then it will probably start ranging in this 1.1 territory imho.
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Arnolt24
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May 05, 2015, 05:35:05 PM |
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Oh, it won't happen, not a chance. It seems that USD max is 1.05. Greece isn't problem anymore, it is already calculated. Situation in Ukraine also. So 1.05 - 1.15 all year. And yes, im a prophet !  |
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Fabrizio89
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May 06, 2015, 04:35:50 PM |
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This started as a squeeze and could continue because of dollar correction, lol. such interesting times
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manselr
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Activity: 868
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May 06, 2015, 06:43:17 PM |
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Euro may not sink as fast as you may think,but you can always go for Gold or BTC which are almost somewhat alike, they both need to be mined,except for btc supply and its volatile,either way hold it for a while and sell when high
I think the euro is going to go down quicker than expected, way quicker than the dollar. I give it 10 years before the situation starts becoming disastrous in several countries and not only Greece. |
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CryptoTrout
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May 06, 2015, 07:29:57 PM |
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1broker is raining money again
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Wilford01Brennan
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May 08, 2015, 09:33:49 AM |
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I don't think EUR will drop below USD and the Eurozone will collapse after a hypothetical Grexit, just because Greece is too small...
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numismatist
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Activity: 1245
Merit: 1004
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May 09, 2015, 04:28:08 PM |
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If Janet Yellen knows anything, everything is possible. Below or above doesn't matter if both ar spiraling down.
Recently, Russia and China are getting closer together. Maybe we should watch Rubel and Renminbi.
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tyz
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Activity: 3360
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May 09, 2015, 07:01:35 PM |
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10 years? You rather mean 10 months Look at Greece and some other southern European countries. The situation is already disastrous. The Euro exists for 13 years now, and it struggles for seven years. This is a disastrous record for a currency. Euro may not sink as fast as you may think,but you can always go for Gold or BTC which are almost somewhat alike, they both need to be mined,except for btc supply and its volatile,either way hold it for a while and sell when high
I think the euro is going to go down quicker than expected, way quicker than the dollar. I give it 10 years before the situation starts becoming disastrous in several countries and not only Greece. |
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GreenStox
Sr. Member
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Undeads.com - P2E Runner Game
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May 13, 2015, 06:31:18 PM |
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Strong euro? Haha, that is a joke, and how exactly will you accomplish that? Buy more gold in reserves, abolish the ECB, lower (or abolish) taxes, disband regulations? Man it would be a paradise. Unfortunately politicians are politicians and everything that they say is smoke and mirrors. |
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OROBTC
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June 01, 2015, 09:31:25 PM |
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...
Genuine rumor!
One member of my extended family told me very recently that *someone* he knew had taken a very large position against the euro. Of course taking a large position vs. a currency is nothing unusual, but it was unusual for him to tell me that. The family member does not speculate in currencies.
He did tell me, however, that if the euro goes down to 80 cents (the bet of the guy with the "large position"), then he (family member) would perhaps go buy a villa in Italy or something.......
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Pab
Legendary
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Activity: 1862
Merit: 1012
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June 01, 2015, 09:56:40 PM |
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very much possible,euro disappear also very much possible,there isall anti euro movement now in France,Spain,Italy,Germans want strong mark back
And Greece crisis can turn in to tornado
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Pab
Legendary
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Activity: 1862
Merit: 1012
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June 01, 2015, 10:01:45 PM |
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...
Genuine rumor!
One member of my extended family told me very recently that *someone* he knew had taken a very large position against the euro. Of course taking a large position vs. a currency is nothing unusual, but it was unusual for him to tell me that. The family member does not speculate in currencies.
He did tell me, however, that if the euro goes down to 80 cents (the bet of the guy with the "large position"), then he (family member) would perhaps go buy a villa in Italy or something.......
Advice him villa in Portugal.Settubal,there is a lot wondeful,cheap now places,just a little hurry,alreadywealthy chinise,germansand people from Angolaare buying there,but mosty in very touristic places Great,wine and nice people,good weather,In iTaly you need to know where,Tuscany is great in Monte Amiata area possible to find sometimes very cheap houses |
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Amph
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Merit: 1069
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June 02, 2015, 07:18:45 AM |
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very much possible,euro disappear also very much possible,there isall anti euro movement now in France,Spain,Italy,Germans want strong mark back
And Greece crisis can turn in to tornado
euro will not disappear, at worse some countries may leave euro zone and return to their root, which could potentially raise the euro power, because these nations are actually impoverishing it, with their bad economy and with the continued demand for loans |
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