Beware - Fringe media rumor - Germany to leave Euro?

Ivanovich · May 12, 2010

You've been warned. There could be no substance whatsoever to this "news", but it's interesting to read nonetheless. Also quotes one of my all-time despised websites (Kitco) so even more potentially worthless.

http://www.zerohedge.com/article/gu...lets-rumors-about-germany-abandoning-euro-fly

Scataphagos · May 12, 2010

Maybe I'm not thinking clearly, but I feel I'd like to see it.

Thermactor · May 12, 2010

gold bugs talking their book.

MohdSalleh · May 12, 2010

but the Euro IS the german mark....

heil heil sieg heil

Ivanovich · May 12, 2010

Quote from Thermactor:

gold bugs talking their book.

Most likely. We'll see what comes out of the announcement this Friday.

m22au · May 12, 2010

This is a very interesting rumour, even if it's untrue.

But for what it's worth the DEM page on the Kitco site
http://www.kitco.com/market/dm_charts.html

does exist and the obvious question is "why only a DEM page, and not a FRF page as well?"

I guess time will tell whether or not this rumour is true.

Debaser82 · May 12, 2010

Quote from Ivanovich:

You've been warned. There could be no substance whatsoever to this "news", but it's interesting to read nonetheless. Also quotes one of my all-time despised websites (Kitco) so even more potentially worthless.

http://www.zerohedge.com/article/gu...lets-rumors-about-germany-abandoning-euro-fly

What should I do?

Empty my bank account...and buy Physical gold?

Martinghoul · May 13, 2010

There has been a lot of discussion of this a couple of weeks ago... Stanley economists and Martin Wolf have been suggesting this recently.

muller · May 13, 2010

Just a few days ago they were showing the quotes of the French Franc on the ticker on Wall Street.

This is just psycho-warfare. I think the euro-countries will stick together when the going gets rough.
One thing for sure is, shorting the Euro is great a bet.

Think about what will happen when the US starts raising our interest rates.

Dogfish · May 13, 2010

Right so Merkel just came out and said she has a vision that one day all eu members will join the euro