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I am very confident in the fall of the euro, despite the obvious and fatal problems with the dollar. Remember that currencies, because they are fiat by nature, are political things. While it is the fundamentals that drive them, one of the overarching problems in our market is the absence of reliable fundamental data. It is hard to deny the fact that governments manipulate what is released. But some things are for sure and provide “reasonable markers” to see what a currency is doing. One of my |