Will a greek/euro collapse cause a dollar rally?

Discussion in 'General Precious Metals Discussion' started by gojo345, Mar 16, 2012.

  1. gojo345

    gojo345 New Member

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    And thus a drop in the USD price of commodities?
     
    gojo345, Mar 16, 2012
    #1
  2. mfm

    mfm New Member

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    Thinking that the Euro will collapse because of Greece is like thinking that the US Dollar will collapse if Ecuador defaults...
     
    mfm, Mar 16, 2012
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  3. Henrikb

    Henrikb New Member

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    No, under no circumstance, the Euro is strong, backed by nearly 500 million people. look back at the past 10 years strong strong.
     
    Henrikb, Mar 16, 2012
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  4. RhythmDoctor

    RhythmDoctor Active Member

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    And this weeks comedy post goes to... :)
     
    RhythmDoctor, Mar 17, 2012
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  5. boston

    boston Well-Known Member Silver Stacker

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    I wouldn't want to put money on that.
     
    boston, Mar 17, 2012
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  6. JulieW

    JulieW Well-Known Member Silver Stacker

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    JulieW, Mar 17, 2012
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  7. renovator

    renovator Well-Known Member

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    renovator, Mar 17, 2012
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  8. mfm

    mfm New Member

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    The better question is "will all commodities be priced in EUR when the USD collapses?".
     
    mfm, Mar 17, 2012
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  9. gojo345

    gojo345 New Member

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    I am betting on a short lived (2-4 months) USD rally starting March 23. The Eurozone will begin to melt down and then everyone will be distracted by the olympics. We will have about a Month of peace and safety and Sept 2012 will mirror the Sept 2008 collapse, except this time it is countries collapsing instead of banks.
     
    gojo345, Mar 18, 2012
    #9
  10. REDBACK

    REDBACK Well-Known Member Silver Stacker

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    Thats an interesting point of view and one that has so much credence both ways i don't honestly know wether your serious or tongue in cheek joking-Google translate.

    Dropping that opinion here is like dropping an oily tuna into shark infested waters.

    On that note i remember KiosakiMrMiyagi and other Silver bugs rambling on and on for so long about Silver being a great investment.
    Yeah eventually the advice was tight
    Great foresight even better hindsight
    Eventually they were right,well sporadically if we ignore all the dips.

    REDBACK
     
    REDBACK, Mar 18, 2012
    #10
  11. trew

    trew Active Member Silver Stacker

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    Buying up Perth Mint dragons, all the RAM silver roos on ebay, etc etc........
     
    trew, Mar 18, 2012
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  12. mfm

    mfm New Member

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    Maybe you should listen to people like Jim Rickards instead of US politicians and media kicking the can down the road for the election...

    And ask yourselves if the Argentinian financial collapse made the US dollar collapse? Argentina basically had the USD, the had a fixed exchange rate with the peso. It's the same thing with Greece and the EUR, a small country with a too strong currency they don't control.
     
    mfm, Mar 18, 2012
    #12

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