Everybody knows that the euro fundies are so horrible, but the eurocrats will not let Mr Market have his way. But fx being fx, the reality does catch up later. For now eurocrats have put a huge bid boost behind the euro, shorting it will bleed those positions badly. SNB is about to look good for putting a floor on EURCHF @1.20 since last year. And so the market manipulation continues...
But with all the central planning firepower on the euro, the euro is still a short. However, one doesn't rob a casino head on. So the best way to rob the euro casino is via gold. Central planners can fire their inkjets to spew billions of euro papers, but that they can't when it comes to the metals.
So is it possible to short the euro? Yes!
XAU/EUR - That is your ticket. So don't do it via the fx cross unless you can afford ur own printing press!
@mnandii - don't short gold. Look at the BRIC for direction. Westside ni porojo tu. They're living in the past... Broke a** pretenders.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!