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MIGHTY EURO SURGES AHEAD !

Feel free to talk about anything that you want.

Postby Schnauzer » Wed Oct 27, 2010 2:23 pm

miltiades wrote:
Schnauzer wrote:
miltiades wrote:
I hope that I'm utterly wrong and that the Pound will gain more ground on the strength of the announced growth rates.



And you have the audacity to call me a fool!. :lol: :lol: :lol: :lol: :lol:

Well, congratulations miltiades, you are the first person I have ever met who hopes that he will lose his money, my word, you are some flower. :lol: :lol: :lol: :lol: :lol: :wink:

No plonker , you are wrong again. My financial interests lie with a strong pound , where do you think my business is !!! And my house !!
Were you born stupid or are you dedicated to being one !!


Well Well Well miltiades, NOW you reveal that not only are you a fool, but a treacherous one to boot.

Why, on page 14 of this thread you advocate ditching the pound and buying the Euro, are you engaged in some kind of conspiracy that would lead your fellow forum members into a financial trap?.

Old habits die hard I suppose, I regard your attitude towards loyalty as a sure sign of a 'Turncoat' and I think you should be ashamed of yourself.

One may desert the field and be forever branded as 'Fainthearted' but, to lead one's comrades to destruction OR invite the downfall of them (by whatever means) is absolutely beneath contempt!. (IMHO) of course. :roll: :wink:
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Postby miltiades » Wed Oct 27, 2010 2:51 pm

You are talking rubbish but let me just answer you stupid.
I speculate , I buy hard currency be it $S , Euros or Stg , are you clear now stupid ?
At the moment Im buying Euros !!!
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Postby Schnauzer » Wed Oct 27, 2010 2:58 pm

miltiades wrote:You are talking rubbish but let me just answer you stupid.
I speculate , I buy hard currency be it $S , Euros or Stg , are you clear now stupid ?
At the moment Im buying Euros !!!


Well, be careful you don't burn your fingers mate. :lol: :wink:
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Postby Paphitis » Wed Oct 27, 2010 3:03 pm

Schnauzer wrote:
miltiades wrote:You are talking rubbish but let me just answer you stupid.
I speculate , I buy hard currency be it $S , Euros or Stg , are you clear now stupid ?
At the moment Im buying Euros !!!


Well, be careful you don't burn your fingers mate. :lol: :wink:


If he was smart, he would be buying AUD! The Euro is just another sinking ship! :lol:
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Postby dinos » Thu Oct 28, 2010 3:15 am

For what it's worth, I'm still interested to know if the folks saying that the Euro is a 'sinking ship' are actually putting their money where their mouths are. No interest in monetary amounts - just positions by ccy pair.

Anyone?
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Postby Paphitis » Thu Oct 28, 2010 3:44 am

dinos wrote:For what it's worth, I'm still interested to know if the folks saying that the Euro is a 'sinking ship' are actually putting their money where their mouths are. No interest in monetary amounts - just positions by ccy pair.

Anyone?


Yes mate!

I make a point of offloading any EURO earnings and convert to AUD at the earliest opportunity. There are too many unknowns in Europe at the moment. Greece, is not yet out of the woods, and I have a feeling that Greece is only the tip of the iceberg.

AUD is pretty much the safest currency going around at the moment. Its price is booming! It will continue to rise for quite some time. When the time comes, then convert AUD to USD but ditch the Euro!

AUD Vs USD is where some money will be made.

Of course, I am no financial analyst and people should get proper financial advice from qualified people. It is all speculation, but I haven't made too many errors!
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Postby CrookedRiverGuy » Thu Oct 28, 2010 1:16 pm

Paphitis wrote:
dinos wrote:For what it's worth, I'm still interested to know if the folks saying that the Euro is a 'sinking ship' are actually putting their money where their mouths are. No interest in monetary amounts - just positions by ccy pair.

Anyone?


Yes mate!

I make a point of offloading any EURO earnings and convert to AUD at the earliest opportunity. There are too many unknowns in Europe at the moment. Greece, is not yet out of the woods, and I have a feeling that Greece is only the tip of the iceberg.

AUD is pretty much the safest currency going around at the moment. Its price is booming! It will continue to rise for quite some time. When the time comes, then convert AUD to USD but ditch the Euro!

AUD Vs USD is where some money will be made.

Of course, I am no financial analyst and people should get proper financial advice from qualified people. It is all speculation, but I haven't made too many errors!


Well, the past 6-7 weeks (from Sep 10), the Euro has strengthened 3,6% vs. AUD, so ditching it in this period of time isn't the smartest thing you could do.

I'd say that the potential problem with AUD is that it has been considered a safe haven for a long time - and: there's an end to anything. Typically you can follow a trend in major currency pairs for months, but eventually there will be a shift and you have to accept a U-turn.

Personally I prefer to bet on strong, but insignificant currencies (ie nordic) versus a major (JPY). Such pairs are quite volatile (and risky of course) and could very well move 1-2% in one day (and retreat the next). It's fun when it works :)
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Postby Oracle » Sat Nov 13, 2010 12:59 am

For Miltiades, wherever he might be ...


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Postby kurupetos » Sat Nov 13, 2010 1:08 am

British cheapskates out of Cyprus!
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Re: MIGHTY EURO SURGES AHEAD !

Postby vaughanwilliams » Tue Nov 23, 2010 2:44 pm

miltiades wrote:Not long ago many begun doubting the ...survival of the Euro...
Sterling gained ground against the Euro reaching MMR of 1.22 only to quickly descent down to a MMR of 1.157 .
It looks as if the Euro is on truck to continue surging ahead .




Oooops!
:oops:

1. Open mouth.
2. Put foot in.
3. Bite down - hard!
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