EURO LOD!!! EURUSD 1.2042...UPDATES: EURUSD trades under 55, 100 and 200 DMA!!!

Two hours ago... after opening at 1.2898, the EURUSD has stabilized around 1.2930

I read 1.2884 on my screen

zerohedge‏@zerohedge

TSIPRAS WON'T ATTEND MEETING WITH PRESIDENT TOMORROW: NET

We need parity.
Then we need to restore our manufacturing industry.
Then we need an european army.
Then EURUSD needs to go up again.
And then Earth will live happily ever after.

The problem is that different countries who have to compete with germany have the same currency. Not gonna work. The Euro needs to break up.

Parity is a long way off

It will work if Germany raises wages 15-20%, like almost everyone else did during the past 15 years.

It's sad, right?

can you give me the link of it please?

[link to www.netdania.com]

With parity comes hyperinflation ,we would pay 30% more for our oil,which is priced in Dollars

Can't , its on my trading account

It wont work because that will just kill the german export not help others. The currency is the problem not german wages.

With parity you would also sell more in a consumer driven market of about 1.7 billion.

European products are rated as premium, and believe me, very desirable!

Which market are you talking about?

I find your mambo jambo amusing.

[link to www.youtube.com]

I was actually talking about 2 (my bad if that mislead you). Chinese, and North American.

Although i still need to check how things are in India.

Cant argue for yourself? The video talks about low wages in certain jobs. These jobs have nothing to do with german competivness towards other european nations. German exporters like car makers and other german industries pay good money to their workers. The unions see to that. It wont help France if german toilet cleaners get 10€ an hour. Totally irrelevant.

European products might be desirable now,but that is not guaranteed in the future ,there is already a brain drain to countries like India,they will make just as good a product as us in 5 years time

If we start to make a profit now we will have 5 years to build up reserves, and possibly come up with new great products and services, due to the capital flow.
Everything's about opportunity. We just need to seize it.

3:48 (Dow Jones) New CFTC data is crystal clear: Investors are again ramping up bets against the euro -- from already extreme positions -- because of uncertainty surrounding Greece. With Greece's inability to create a coalition government, traders increased their speculative bets the euro would fall against the dollar by 32% this week, according to the commitments of traders report. As of May 8, speculative investors held a net short euro position totaling $23.4 billion, the biggest net anti-euro bet since February. The moves in positioning coincide with the euro trading consistently below $1.30 for the first time since late January. Late Fri, the euro was down about 0.1% at $1.2919, according to EBS via CQG. ([email protected])

Last Edited by Osmosys on 05/13/2012 06:20 PM

What's bs ?

Basics about illuminati "elections"

EXACTLY
There are two possibilities to publish "results" exactly as scripted:

1. there are only illuminati candidates or parties.
Example: Sarkozy 2012 in France got 25% of the votes in the second tour and was credited with 48.3%.

2. only e-vote
Example: US, McCain 2008 in the loser role got 5 million votes and was credited with 58 million "votes".
Example: Romney in the primaries where he "won" in the US 2012 in the winner role, credited for example in Florida with 800,000 votes although less than 5,000 voted for him,

Note: in fact (scripted for the next days and weeks) "Mormon" "Mitt" plays the loser role to "Jeb" Bush who again plays the loser role to Hillary Clinton, with "Obama" and Romney playing the "illegal" role, "Obama" being sentenced to "death" by the Supreme Court)".

PARTLY
There are two possibilities to publish "results" partly as scripted, in the other cases:

1. partly e-vote
Example: in the first round of the May 2012 elections in France, when, unlike at the second round, there was still a non-illuminati candidate (Marine Le Pen, who was credited with 17.9% akthough she got 21% of the vote), Sarkozy got 18% of the votes and was credited with 25&.

2. pre-evote methods of rigging elections

when neither TOTALLY nor PARTLY works
Now, in Greece, unlike in the USA (totally e-vote) or France (half is e-vote) it was not possible to publish "results", neither totally nor partly by rigging the elections.
So the ultimate illuminati weapon has to be used.


In
[link to www.godlikeproductions.com]

it´s because you´re french.

he´s right.

And another problem is Europe does not end up on the East with the borders of Poland and Romania. Let alone the 6 bln world outside of what you called EURUSD. The West is not an island anymore, commanded by Germany or anyone. Go Greece!