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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.12-0.5%Oct 31 5:00 PM EST

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To: elmatador who wrote (35913)6/21/2008 1:38:00 AM
From: Haim R. Branisteanu   of 217518
 
The EURO will not disappear for the currency map any time soon but all this bickering will make many think twice if holding on to the EUR as a reserve currency. It may be that the EU will shrink over time.

At the moment for better or worse the EUR is reflecting the Benelux/German / French economy and not all of the EU.

After all the baboons will realize that a currency is not only an economic unity but also a political unity the EUR will stay strong - at the time that the differences will be more public then watch out for the EUR to go to 1.30-1.35.

Until then all the baboons will buy the EUR on the dips and as a safety net
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