Monday, May 23, 2011

Euro problems mount

Eurozone Debt Crisis Deepens - Euro Lower and Gold to Record EUR 1,080/oz

"The euro has fallen against all currencies and is now at a record low against gold at EUR 1,080.21/oz". This is becoming uncomfortable and could have a big impact on the pound.

Posted by alan @ 11:16 PM (1484 views)
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4 thoughts on “Euro problems mount

  • general congreve says:

    This really is one cruel correction we’re suffering. Guess us goldbugs have really been taught a lesson this time.

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  • ‘This is becoming uncomfortable and could have a big impact on the pound.’

    There’s one Sentance our Merv will cherish.

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  • general congreve says:

    That’s the sound of tumbleweed I believe. Seems all the bandits and gunslingers have slunk out of town.

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  • Come on EURO/USD is that all you got.

    It can’t be over already. There’s at least two more main support levels yet.

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