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Every three months or so, the euro goes up brutally by 10-15 cents, and stabilises around there. It looks like we're soon due another jerk up.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Wed Jul 2nd, 2008 at 01:02:04 PM EST
Um, you could make a lot of money if you really believed that.

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes
by Migeru (migeru at eurotrib dot com) on Wed Jul 2nd, 2008 at 01:37:31 PM EST
[ Parent ]
given that I have euros, I'll be making a lot of money, when expressed in dollars!

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Wed Jul 2nd, 2008 at 02:02:09 PM EST
[ Parent ]
Could you explain that to me?
by Magnifico on Wed Jul 2nd, 2008 at 02:33:06 PM EST
[ Parent ]
Borrow dollars to buy euros shortly before you think the jump is due.

Assuming you're correct in the belief, of course.

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes

by Migeru (migeru at eurotrib dot com) on Wed Jul 2nd, 2008 at 02:34:52 PM EST
[ Parent ]
Maybe Jerome watched Pi last night.

you are the media you consume.

by MillMan (millguy at gmail) on Wed Jul 2nd, 2008 at 02:37:42 PM EST
[ Parent ]

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