Trichet: Default 'is out of the question'

Trichet: Greek plan justified collateral decision

Trichet: Economy strengthening in spring

 

Jean-Claude: I have a unicorn ranch if you want to visit it sometime.

The euro is toast. A dead-man walking. Done.

 

Trichet was a disgrace when running the French Central Bank.

Each time he mentioned the French Franc was strong, it was a sell Franc buy Deutschmark signal

Now that he is running the ECB, he has reached a new dimension, how can I qualify him?

a space clown?

A Ligne Maginot defender?

Europe is digging its own grave

Summer 2010 - Euro - R.I.P.

 

Everybody panics when a currency is in a downtrend. Remember all of the "USD is dead" posts last year? What happened to that "inevitability"?

 

usd is dead, euro is just more dead =]
death of the fiats

 

Try looking past the theatre. He is doing his job, and pretty well I might add.

 

Want to bet the EUR will come out of this crisis stronger than ever before ? USD has been declared so many times "R.I.P" - can't count anymore...

 

Watch the Euro/Gold price.

Unlike the US, the EU marks their gold reserves to market.

Gold will be their last chance. It's a question of timing and price. I think this is being reviewed at the BIS.

(tinfoil hat off)