From Newsmax:
Economist and money manager Gary Shilling says the euro is likely to drop about 27 percent from current levels.
“I think the currency could go back to 1-to-1 versus the dollar,” he says.
“The problem is that Europe has a one-size-fits-all monetary policy but very different fiscal statuses in individual countries. Greece is the poster boy, but you have...
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Crux Note: S&A analyst Steve Sjuggerud is also bearish on the euro. In fact, Steve recently discovered a simple way to make big returns from this situation that doesn't require shorting stock or complicated currency trades. In his latest issue of True Wealth, he says there's still time to get in before the crash. To get access, click
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More on the euro:
This is ground zero for the Euro debt bomb
Top SocGen analyst: Euro collapse is inevitable
Must read currency commentary from Porter Stansberry