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Originally Posted by reckless
If the markets are down today and this week because of the Greek elections, it should be viewed as a buying opportunity.
The markets always overreacts, but truth-be-told, Greece is such a very small part of the European Union economic equation. To knock down the market cap of some of the best multinational companies on earth by 2-3 per cent is folly.
But, in fact, future historians and economists will include that this election, along with the Swiss Bank action, and next year's Marine La Pen election as President of France as some of the catalysts that brought about the dissolution of both the Euro and the European Union.
The future is unfolding right in front of our very eyes, right here and right now.
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the US dollar has been making some unprecedented moves to the upside in the last few weeks. its probably setting up now for a major fall. my thinking is that the Swiss made their move because they are more afraid of all paper currencies and they are in the business of secure banking.
you rob a bank in Switzerland, you get the death penalty. kill someone, you just get time.
