-
Pimco's Gross: We Are In A Currency War; Sell Dollar, Hold Euro, Buy Gold
It is not only the Japanese who are using their monetary policy to weaken their currency. Even the Americans, and the British are joining the fight. We are in a currency war...The situation is a reminiscent of the 30s of the last century. Then, too, there was a competitive devaluation...For Europe, given the different interests of the euro countries, it will be a difficult attempt to appreciate or depreciate the single currency. For countries like Spain and Italy, a weaker euro would be better. However, an economically robust country such as Germany, can keep up in the world markets even without currency devaluation. ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jan 28, 2013 1:52am Jan 28, 2013 1:52am
- orzogc
- | Joined Mar 2012 | Status: Member | 47 Comments
- Comment #2
- Quote
- Jan 28, 2013 2:09am Jan 28, 2013 2:09am
- swingalong
- | Joined Oct 2011 | Status: Member | 10 Comments
- Comment #3
- Quote
- Jan 28, 2013 2:37am Jan 28, 2013 2:37am
- Guest
- | IP XX.XXX.114.198
- Comment #4
- Quote
- Jan 28, 2013 2:54am Jan 28, 2013 2:54am
- mhenry
- | Joined Mar 2009 | Status: Member | 1 Comment
- Comment #5
- Quote
- Jan 28, 2013 2:55am Jan 28, 2013 2:55am
- samooh
- | Joined Oct 2012 | Status: Member | 50 Comments
- Comment #6
- Quote
- Edited 4:15am Jan 28, 2013 3:03am | Edited 4:15am
- johnel
- | Joined Jan 2012 | Status: Member | 508 Comments
- Comment #7
- Quote
- Jan 28, 2013 3:28am Jan 28, 2013 3:28am
- Guest
- | IP XXX.XXX.0.100
- Comment #8
- Quote
- Jan 28, 2013 5:48am Jan 28, 2013 5:48am
- DragonFire
- | Joined Sep 2010 | Status: Member | 2093 Comments
There is always a price for promises you don't keep!
- Comment #9
- Quote
- Jan 28, 2013 6:21am Jan 28, 2013 6:21am
- venzen
- Joined Jul 2011 | Status: good | 456 Comments
cryptocurrency everytime
- Comment #10
- Quote
- Jan 28, 2013 6:30am Jan 28, 2013 6:30am
- kengy88
- | Joined Sep 2010 | Status: Member | 16 Comments
Forex = Game of Buy and Sell
- Comment #11
- Quote
- Jan 28, 2013 6:57am Jan 28, 2013 6:57am
- Mike Haran
- | Commercial Member | Joined Oct 2010 | 699 Comments
- Comment #12
- Quote
- Jan 28, 2013 7:02am Jan 28, 2013 7:02am
- Ill-b-back
- Joined May 2011 | Status: Get to the Chopper | 3897 Comments
Come with me if you want to live....
- Comment #13
- Quote
- Jan 28, 2013 7:50am Jan 28, 2013 7:50am
- k3nshinz3139
- Joined Oct 2012 | Status: Chart can tell you everything! | 643 Comments
- Comment #14
- Quote
- Jan 28, 2013 8:18am Jan 28, 2013 8:18am
- Alpha-Bet
- | Joined Jul 2011 | Status: Member | 1 Comment
- Comment #15
- Quote
- Jan 28, 2013 8:42am Jan 28, 2013 8:42am
- Arav007
- | Joined Jun 2012 | Status: Member | 68 Comments
- Comment #16
- Quote
- Jan 28, 2013 9:56am Jan 28, 2013 9:56am
- DragonFire
- | Joined Sep 2010 | Status: Member | 2093 Comments
There is always a price for promises you don't keep!
- Comment #17
- Quote
- Jan 28, 2013 12:30pm Jan 28, 2013 12:30pm
- Guest
- | IP XX.XXX.139.10
- Comment #18
- Quote
- Jan 28, 2013 4:35pm Jan 28, 2013 4:35pm
- Ill-b-back
- Joined May 2011 | Status: Get to the Chopper | 3897 Comments
Come with me if you want to live....
- Comment #19
- Quote
- Jan 28, 2013 4:53pm Jan 28, 2013 4:53pm
- Ill-b-back
- Joined May 2011 | Status: Get to the Chopper | 3897 Comments
Come with me if you want to live....