Anyone consider stacking Euros?

Discussion in 'Silver' started by Niveka, Mar 12, 2015.

  1. Niveka

    Niveka New Member

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    Niveka, Mar 12, 2015
    #1
  2. JulieW

    JulieW Well-Known Member Silver Stacker

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    JulieW, Mar 12, 2015
    #2
  3. tolly_67

    tolly_67 Well-Known Member

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    This must be the 'joke' forum...right?
     
    tolly_67, Mar 12, 2015
    #3
  4. goldpelican

    goldpelican Administrator Staff Member

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    I think the term is "catching a falling knife".

    Maybe if you were looking at locking in some travel money.
     
    goldpelican, Mar 12, 2015
    #4
  5. Gatito Bandito

    Gatito Bandito Active Member

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    I'd rather stack toilet paper.. :)
     
    Gatito Bandito, Mar 12, 2015
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  6. Revils

    Revils Well-Known Member Silver Stacker

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    Only compared to the USD are they at a low - currently ~ .725 to the AUD but it has been .86 less than 3 years ago.
    We are now around the 5 year average.
    I stack Euros when above .7 (average since '04 is around .63) so yes I am stacking Euros (saving for an apartment which will be bought in Euros)
     
    Revils, Mar 12, 2015
    #6
  7. JulieW

    JulieW Well-Known Member Silver Stacker

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    from Zero Hedge.

    This:
    "In such scenario Stephanie says the EUR/USD will achieve parity, but this may well be just a temporary support before the downleg extends towards $0.98/0.96 - and even perhaps towards the lows of $0.84/0.82 reached in 2000."

    Would no doubt suit Europe. Does it look like USA is losing the currency war now?

     
    JulieW, Mar 12, 2015
    #7
  8. robmetal

    robmetal New Member

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    after all this euro low blow .. wouldnt it pick later in the future?
    .... eventually?

    buy low now and go on europe trips later when it picks up!
     
    robmetal, Mar 13, 2015
    #8
  9. GrindeRyan

    GrindeRyan Member

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    If Germany leaves the Euro, what would happen to the value of the Euro?
     
    GrindeRyan, Mar 13, 2015
    #9
  10. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    from what I understand, Germany IS the Euro
     
    Clawhammer, Mar 13, 2015
    #10
  11. Dutchgreener

    Dutchgreener Member

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    Germany and the Netherlands are the two strongest country's.
    The Netherlands got the biggest port of Europe and soon the biggest of the world.
    Heck, thats also the only reason I still got my job.

    Ps: Greece, Italy etc etc etc you lazy @$%!!!
     
    Dutchgreener, Mar 13, 2015
    #11
  12. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    You also have clogs
     
    Caput Lupinum, Mar 13, 2015
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  13. Niveka

    Niveka New Member

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    break out the moleskin!
     
    Niveka, Mar 13, 2015
    #13
  14. tozak

    tozak Well-Known Member Silver Stacker

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    Save your dollars for the Drachma launch instead
     
    tozak, Mar 13, 2015
    #14
  15. Dutchgreener

    Dutchgreener Member

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    Don't forget Tulips, cheese and windmills :rolleyes:
     
    Dutchgreener, Mar 13, 2015
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  16. boston

    boston Well-Known Member Silver Stacker

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    What happens if there is a change to a new currency? ie similar to Germany when they went from the Mark to the Deutchmark and there was a massive devaluation.
     
    boston, Mar 13, 2015
    #16
  17. ryan71

    ryan71 Member

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    1 Euro:
    Outer part: nickel brass
    Inner part: Layers of copper-nickel,
    nickel, copper-nickel

    Stackable? I think not.
     
    ryan71, Mar 13, 2015
    #17
  18. Pirocco

    Pirocco Well-Known Member

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    I'm stacking euro's since almost 4 months.
    Buy what got cheap.
    Sell what got expensive.
    I'll dump them for silver coins when they're expensive. :D
     
    Pirocco, Mar 13, 2015
    #18

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