Friday, May 4, 2012

Where will those fleeing the Euro go?

The Euro is heading for a cliff. What will those still holding Euros do to save value? Gold has been week lately... Dollar is looking strong. Stocks weak. Oil is falling fast. Gasoline going down.
Does the market see demand destruction?
We could see another flash crash soon.....Or not....

France is going to elect a socialist president in the coming days. This is the backlash against the "austerity" programs in Europe. Will the Eurozone break up over the desire to print money vs. the mostly German wish to hold the currency up at the expense of the rest of Europe???
Here is the chart.
Control risk.
gh

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All comments are appreciated as it will give me a chance to adjust my content to any real people who may be out there. Thank you. gh