With QE starting, and with the Swiss leaving the euro, will the Euro continue to fall in the next couple months? I have some buys planned and a strong dollar and weak Euro makes my buys better, but if the Euro will continue to fall, I will put my plans on hold till it drops more. Opinions???
You would only buy if you are intending to spend it soon.....if you are buying as an investment then you will be sadly disappointed.
I've heard serious people talk about parity or even lower with the usd. Not saying is headed there but don't expect things to go back to $1.10 for a long time unless wee see a couple weeks of 2% a day being wiped off of the Dow like we did Friday. Euro will drop.
French National Front, Marine Le Pen wants France to exit the Euro should they win the next election which is highly probable. Another nail in the coffin.
I am buying silver that is sold in Euros, so the lower the Euro goes the better for me. I may wait for a while and see what happens. Thanks for the replies.
I dont see the logic. The lower euro, the higher price of metals in eur currency. The larger the euro the better, if you buy in euros.
Why assume he is buying in euros? Just look next to his user name, he is from USA. Just because you're buying in euro doesn't mean you have to sell euro, I've got around currency transactions like this before
I am buying silver coins from Europe, and some I was looking at were around 43 dollars US, they are now around 38 dollars with the exchange rate, so the lower the Euro goes, the cheaper I can buy.
