Media-Driven Hard Sell of The Euro Crisis

Jim,

Any guesses on how the big players were positioned before the media-driven hard sell of the Euro crisis?

If you want to push up the dollar index, thus supporting the gold and silver crush, send the Euro lower. As we have said before, there are no coincidences.

Euro and the Commercial Traders COT Futures and Options Stochastic Weighted Average of Net Long As A % of Open Interest:


Eric

Look at how media is working it.
The USA is fine.
States of the USA are fine.
The euro zone is bad.
Looks like a cover to me.

Jim

Headline: Eurozone facing 'survival crisis'

The European Union is in a "survival crisis" over eurozone debt problems, the EU Council president has warned.

Speaking hours before eurozone ministers meet to address threats to the bloc's economic stability, Herman Van Rompuy said that if the euro failed, so too would the EU.

Members such as the Republic of Ireland and Portugal are under fresh scrutiny.

Questions have been raised over whether they can manage their debt without help from EU funds.

Source: bbc.co.uk