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» Is The Euro Going To Collapse?:

Is The Euro Going To Collapse?

Posted by on May 20, 2010 at 4:05 pm.

Is the Euro about to collapse? The trillion dollars that was spent trying to prevent the collapse seems to have only  accelerated the Euros collapse. Apparently deflation is still in control: http://www.financialsense.com/Experts/ewave/2010/0514.html  Today, the Dow was down 376 points, gold and silver prices were also down: http://money.cnn.com/data/commodities/.  Many think the Euro will soon reach parity with the dollar: http://broadcast.ino.com/education/euro519aff/?campaignid=3  There are rumors about Germany leaving the EU http://www.zerohedge.com/article/guest-post-new-kitco-dem-page-lets-rumors-about-germany-abandoning-euro-fly and the Euro will simply collapse. All of this would be extremely bullish for the dollar but very bad for the stock market: http://www.financialsense.com/fsu/editorials/laird/2010/0519.html In my opinion the ultimate dollar collapse may come, but  the Euro will collapse first. There is a lot of phony money(money given to the banksters by our government) out there being used to manipulate currencies and shorting the Euro may be next. There are truly some very dark implications to what is currently happening to the world financial system. To those of you who have received Norm Franz’ financial collapse dvds, this may be a good time to dust them off and throw them in the dvd player one more time. To those of you who don’t have a copy, just email me here at Hammering Truth jim@hammeringtruth.com or hammeringtruth@yahoo.com and we will be happy to send a copy free of charge.

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