*Ander, living in a lockbox? Is that necesary, if you read the board, most specifically my thoughts since that what we're now talking about here. You will clearly see that on May 26th at 1:43 A.M. EST that I responded to *XE about the Euro & my comments on $GOLD, we actually talked about this event before it happened.
A direct quote which ended my post and preceded a chart of the Euro was "A move to 1.22 Euro wouldn't surprise me..."
This was when the Euro was 1.26, given the margin available in the currency markets, 100:1 usually. After all currency traders should be allowed to indebt themselves just as much as the banks, right? Anywho, 100:1 margin, anyone could've went in their and shorted the heck out of the Euro in what was clearly going to be a "no" vote in France and a no-vote in the Netherlands, two of the countries which may be the most anti-NO, add in Italy without Berluscioni's-controlled media enterprise, and we're looking at a clear "NO" vote. EZ-short.
I've been watching the $GOLD/Euro ratio for some time. Back on April 28th, I pointed out how big-time resistance was at $3.50, #msg-6176394
I've been following it very closely all June, and that can be seen if you have followed the thread on $GOLD & $GOLD equities I have going. The magician whom has the left hand out as the $USD doesn't fool me, I have it all covered here, $GOLD & $GOLD in Euro's, and even the Euro was talked about here.
EU Constitution has many in France galled #msg-6510608 French EU Constitution Rejection to Hit Euro, Sunday Times Says #msg-6510610 French reject EU's constitution #msg-6514255
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