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The huge euro story no one is telling
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Tuesday, July 12, 2011
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By Brian Hunt in DailyWealth:

This week, we take our euro "mythbusting" to a new level. After all, the euro just hit a new level...

As we noted last month, one of the big myths in the marketplace is that despite the huge government debt problems plaguing Europe right now, its multi-nation currency, the euro, looks like it is holding up relatively well. We say, "Look again... But look at it in terms of gold."

You see, the problem with conventional euro price quotes is they value the currency against...

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Topics: Euro | DailyWealth | Currencies
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