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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Dow in Euros

    Lobo
    Lobo
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    Posts : 28411
    Join date : 2013-01-12

    Dow in Euros Empty Dow in Euros

    Post by Lobo Tue 25 Aug 2015, 2:56 pm

    Dow in Euros
    Posted on August 24, 2015 by Martin Armstrong

    Dow in Euros DJEUR-W-8-24-2015
    QUESTION:
    Mr. Armstrong;
    In Munich, you said the US share market had peaked in euros and the low looked to be in August. Is that view still on track?
    WG
    ANSWER: Yes. When you plot the Dow in euros, the high was March, not May, as it was in dollars. This suggested that August would be a five-month correction in euros, but perhaps a three-month FALSE MOVE in dollar terms. This was linked to the decline in commodities, which of course would spark repatriation by Europeans from emerging markets where they have been heavy investors in commodity production.

    This entry was posted in Dow Jones, Q&A and tagged Dollar, DOW, Dow in Euros, Euros by Martin Armstrong. Bookmark the permalink.
    http://www.armstrongeconomics.com/archives/36469

      Current date/time is Thu 28 Mar 2024, 12:09 pm