Fu Piigs

The Euro is what...15% from its all time high? That's still bull market territory!

Quite amazing when you think of it...

An entire continent on the verge of bankrupty and the USD fails to achieve any kind of significant rally against it.

What does that tells about both the Euro and the USD?

 

I would have to disagree with you there, sire... See attached (since I can only attach one file, I have used Spanish data).

That we're in the middle of a competitive devaluation, maybe?

 

Actually no. I could care less.

What does it tell me? I don't know? Look for further downside?

 

it tells me that no one can fight the Bernank.

 

We simply disagree.

 

It tells me that your screen name nails the era we live in perfectly. Trading the Dollar for the Euro (as a long term store of value) is like trading dog shit for horse shit. Either way you've got a pile of shit.