Monday, February 2, 2015

Are the Germans talking down the euro????

By keeping the Greece element on uncertainty and with news of German obstacles (a la Cyprus!!!) to Greek banks' funding probable; do the Germans have an interest in keeping the euro low  so that they could sell more on exports?

So it may just be a tension ridden ploy to pin euro down to a level and leave it at that ratchet... for the Germans can talk big but cannot act big as then Grexit might be followed by Spain & Portugal. That could be an avalanche that might leave Germany lonely. So Greeks, the Deutsche volks  will talk to you a bit. They cannot afford to leave you out for long ...

Buy on the rumor... sell on the fact!

Views Expressed without risk or responsibility

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