EurAnalysis

What to do for another hour? Hmm, maybe roll my thumbs..

I think they might be banging Merkel all together.

very true
I wasn't there. I don't know how it unfolded.
All I know is what I read and what I was told by my teachers.
It could all be lies for all I know.

There is NO SOLUTION !!!

The Morons are trying to agree on something. I should not call them Morons so maybe we can all find a better word to use. I am going to find my Jim Willie report of a few days ago and post what he said from his sources which if true pretty well explain the problem realistically.

Be back soon.

OMG they're real hardcore. American can't do anything like that. (I'm from US).

But important thing to note is, that they were sitting on a sideline ALAP. And profiting from providing resources to the other countries that took part in it. But overall US won, and the winners write the history.

EDIT: I didn't want to hurt anyones feeling, so if I did then my apologies.

Classic 5000 is probably right.
They're all banging Merkel and not one of them has managed to pop her weasel yet. Talk about hard core

I have no link since it is in a newletter. Read what he says and decide for yourself if it is credible. Based on his track record I would accept it's validity. Now we can see if this does unfold.

$$$ GERMANY WILL LEAVE THE EURO MONETARY UNION AT THE RIGHT MOMENT. THEY WILL ABANDON THE COMMON EURO CURRENCY. THE DECISION WAS MADE OVER A YEAR AGO. THE D-MARK TRANSITION IN THE WORKS, THE COMMITMENT HAVING BEEN MADE. THE PRINT SHOP OUTPUT OF FRESH CURRENCY HAS ALREADY BEEN DELIVERED. LOOK FOR THE D-MARK TO SERVE AS A TRANSITIONAL CURRENCY, AS THE USDOLLAR CONTINUES TO DIE OFF, WHILE THE GOLD-BACKED NORDIC EURO TAKES SHAPE. THE PROCESS WILL BE EXTREMELY DISRUPTIVE, STORMY, EVEN FILLED WITH INTRIGUE. WATCH OUT FOR THREATS OF TERRORISM. $$$

Max Keiser with his usual bombastic overt manner, has announced that Germany has commited to leaving the Euro currency. You heard it here first! Except for Hat Trick Letter subscribers. My best German banker source confirmed, with details as scant as Max. He wrote, "The Germans do not want to leave, but they have to. If they do not, they die by being bled to death. The wealth has largely been drained by the basket cases to the South. The print shops have delivered the product in heavy volume over several months. The decision was actually made in April 2010, and shortly after Berlin was instructed accordingly." The German source has provided tidbits in update steadily over the course of the last few months regarding the inevitable move away from the Euro. It seems the Southern PIGS of Europe refuse to leave the Euro Monetary Union, or more accurately the European bankers refuse to permit the PIGS to depart the Euro currency. So Germany will lead an exodus from the EMU and common Euro usage. They will force the PIGS to carry the Euro alone, and implicitly invite the other Central Europe nations with strong fundamentals and balance sheets to join them. The movement will eventually become the Nordic Euro in my opinion. It demands a process.

The D-Mark currency will serve as a transitional device. Later, the introduction of the Nordic Euro currency, backed by a gold component with UAE bullion, backed by crude oil with Russian supply integration, will be essentially a USDollar killer. So the D-Mark will permit the transition to occur. Regional trade must adapt to the new currency. It is doubtful that Germany and Russia will conduct trade in the USDollar afterwards. Central Europe purchases great volumes of Russian energy and industrial metals. It is doubtful that Germany and China will conduct trade in the USDollar afterwards. China purchases from German a robust supply of finished industrial machinery. The integration of the Nordic Euro will be complicated. Its groundwork has largely been laid, but it requires a transition period and device. My gut tells me that Germany, along with Russia and China, will be threatened, but probably in subtle tones. Expect the United States to urge solidarity in public messages, as the Nordic Euro is proposed and slowly takes shape. Look for claims of instability and the USGovt issuing warnings of potential terrorist attack in the Eastern Hemisphere as its introduction finally arrives. For a clue, check out the Oslo bombing incident and the pursuit of their $1.5 trillion in sovereign wealth funds of Norway. US & UK banking and Petro-Dollar defense have been tied to terrorism by Anglo security organizations for decades. Check out the "Confessions of an Economic Hitman" by John Perkins (2005) for reference.. This topic is beyond the scope of the report.

◄$$$ THE DIRECTION OF GERMANY IS CRITICAL IN DETERMINING HOW EUROPE MOVES TOWARD THE NEXT FINANCIAL STRUCTURE. THE POLITICS WILL FOLLOW THE TRADE AND MONETARY LEADS. GERMANY WILL TURN TOWARD RUSSIA ON THE NATIVE CONTINENT, BUT FRANCE WILL BE CUT OFF. HERE IS A GLIMPSE. $$$

A very well connected German banker offered an opinion that integrates politics, finance, and the security developments. He has close ties from a previous role with the European Central Bank. He knows the German banker mindset, and has followed politics at the high level during his entire life. He provided a very valuable glimpse into the crux of the European directional movement, namely Germany. He said, "Someone mobilized constituents put heavy legal pressure on the Bundestag representatives, since 90% of the German people were against the EFSF [stabilization fund]. People take to the streets in Germany. The Occupy Wall Street crowed is very well educated and very articulate. They are not a bunch of marxists as was the case in the 1968 days. Helmut Schmidt, a former SPD chancellor (now publisher of Die Zeit) came out the other day and ripped the Berlin leaders to shreds, all of them including the SPD crowd. Sarkozy's unannounced visit to Frankfurt last week is unprecedented and against all protocol. He met there with Merkel who gave a farewell speech for outgoing ECB head Trichet. The fact is that Sarkozy is scared witless, since with imminent Greek bankruptcy the big French banks will go bankrupt in a blink of an eye. He wants to avoid the fallout.

Everybody is looking to Berlin for the solution. This is far too much for Berlin to shoulder, even if they wanted to do it. Germany has an agreement in place with Russia and China to pick up the pieces after the meltdown & implosion. However, the system has to collapse first before the political circumstances and conditions are right to proceed. France does not play a role in this scenario and Sarkozy knows that. He is faced with elections at home. If he is not re-elected, he could face prosecution for high treason. The French are known to drag their upper echelon people to the guillotine in a heartbeat. The US Fed might control the fire hydrant that supplies water, but they do not hold the nozzle at the end of the hose any longer. The situation is out of control, and the event driven scenario is taking place in an increasingly hostile and threatening environment. The politicians have lost touch with the people, which leads to extremely dangerous times. Today's protesters have cell phones and BlackBerry devices, as well as being the best educated masses ever. They might be wrong in some ways, but they are articulate. Mass collaboration is a new phenomenon most people in power do not really fully understand yet."

Arghhh this is driving me nuts. What do they expect by postponing the press release anyway?

Its ok, I hope they got it on video... would be in bloopers section.

It is 3 am here. Right now I think that calling them morons is what they deserve, for postponing it this way. They could just say, that the full protocol and press conference will be held during the day and that everyone stay calm and wait, so they can put things up and be completely prepared.

After all, market kept believing them until now, it will keep believing some time longer as well.

ADD: My body says "battery low, system shutdown in 15 min", so I am going to sleep. right before going to bed I will decide whether to put some limit or not. Or maybe enter straightaway? Probably bad idea, but knowing my luck I will miss sell limit by 2-3 pipettes. Or we get total USD annihilation before London...

Yes, they aided themselves supplying Germany with steel and such, while my grandfathers were marching in to Berlin.

Nah, The Merkozi twins are going Greek on Berlusconi for not having his homework assignment done.

It's all very interesting Kno and also quite good to know. However, none of that helps us today. It only explains what may happen in the long term... not what is going to happen today or tomorrow.

It all makes sense now

THERE SHE GOES!!

Okay, I put sell limit at 1.395. Have no idea if the price will make it this far. If it won't then, well... bad luck. Goodnight.

WHOA. it got taken

More USD dumping taking place
50 pip surge.

Germany will not end up leaving the EU, that is too extremist radical move. It has to fall apart starting with the weakest links in my opinion, until the runner-uppers see how their peers free from burdens of EU become economically viable, and then start to crack off from there.

I think its called frontrunning..