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I actually think a rate cut would get the EUR to rally here. It happened back in Oct 2008 when the ECB first cut rates, I remember the EUR went up. Hiking would increase cost of financing and bankrupt the PIGS

Besides ECB rate cuts they dont seem to have many bullets left

"Report Denied French President Nicolas Sarkozy threatened to pull out of the euro unless Merkel agreed to back the European Union’s bailout plan at a meeting last weekend in Brussels, El Pais reported, citing comments Spain’s Prime Minister Jose Luis Rodriguez Zapatero made at a meeting...

Great time to say that, right after you committed to sign a massive check to bailout the Union :p

I'm sure if BNP Paribas report 'increased deposit outflows' he will be quick to say his statements 'were taken out of context'

Rogoff and El-Erian on CNBC http://www.cnbc.com/?id=15839263&tabid=15839796&tabpage=1&tabsortfield=mostrecent&tabheader=false&t=0.994520359672606&tabsearchvalue=%22cnbc+us%22+%22cnbc+europe%22+%22cnbc+asia%22

Krugman joins the the camp 'interest rates are low, its okay to spend' http://www.nytimes.com/2010/05/14/opinion/14krugman.html He seems to forget that Greece was borrowing at 1.5% at the 2y in 2009

Yeah, the guy could be trading mostly his own money these days

You are going to love this then http://voices.washingtonpost.com/ezra-klein/2010/05/galbraith_the_danger_posed_by.html "Galbraith: The danger posed by the deficit ‘is zero’" "JG: What is the nature of the danger? The only possible answer is that this larger deficit would cause a rise in...

Jim Rogers is known for saying 'No currency union has ever survived', that is an interesting fact, however its almost useless for trading purposes. Those unions can take a LONG time to break up http://en.wikipedia.org/wiki/Monetary_union

Fool.com is doing people a favor. The vast majority of people would be better off financially if they never tried daytrading

Krugman says US is no Greece http://krugman.blogs.nytimes.com/2010/05/12/are-we-greece/ Of course, he needs a basis to push his spending agenda and a fiscal crisis would undermine that. The truth is the US is just as bad if not worse than Greece, what these projections dont show and the...

Clarium Capital struggling http://www.finalternatives.com/node/12476 2008 -4.5% 2009 -25% -10% 2010 YTD He must be shorting the dollar or something

He should ask Germany to bail them out

Which broker has this?

Maybe a member or two looks at it, but I'm yet to see evidence most of the FOMC looks at gold

Carmen Reinhart on Greece "Fiscal adjustment is not impossible. The list of countries that opted for austerity in the face of market pressures and succeeded includes Mexico in 1995, Korea in 1998, Turkey in 2001, and Brazil in 2002. They paid a price in terms of lost output, but by...

Looks like Greenlaw threw the towel http://blogs.wsj.com/marketbeat/2010/05/11/rate-debate-update-goldmans-hatzius-ahead/ Of course, he blamed it all on Europe

IB should name their auto-liquidation software T-1000 :p

Gold is going strong, soundly beating the Dollar Index members http://www.galmarley.com/Chart_pages/currency_charts.htm