11 replies to this topic

[bush_cheney2004]

OK...this thread is not for the usual humanitarians and tree huggers who want to save the world from global warming or Canadian cannibals. This thread is about how to make a killing on the dramatic chaos in the Eurozone. There are plenty of other threads available to whine about poor people, spoiled students, and the cost of F-35's.

Let's get the best ideas this group has to offer...and cash in!

Here's what we have in an obvious way already:

1) Short the bajezus out of the Euro

2) Buy U.S. Treasuries

3) Buy contrarion and "ultra short" currency ETFs


I am not adding precious metals to the list because they rarely go up with flight to the rising U.S. dollar. Never say never, but gold has taken a big hit in the past six months.

[dre]

OK...this thread is not for the usual humanitarians and tree huggers who want to save the world from global warming or Canadian cannibals. This thread is about how to make a killing on the dramatic chaos in the Eurozone. There are plenty of other threads available to whine about poor people, spoiled students, and the cost of F-35's.

Let's get the best ideas this group has to offer...and cash in!

Here's what we have in an obvious way already:

1) Short the bajezus out of the Euro

2) Buy U.S. Treasuries

3) Buy contrarion and "ultra short" currency ETFs


I am not adding precious metals to the list because they rarely go up with flight to the rising U.S. dollar. Never say never, but gold has taken a big hit in the past six months.

A better idea is to short undercapitalized banks that have exposure to the debt crisis. You can do this buy looking at how much credit default swaps on these various banks cost and how fast the cost is rising.

This is where the real money to be made is. These EU banks are going to start dropping like flies... it will be like shorting Lehman brothers just before the sub-prime meltdown.

[Topaz]

Buy US treasuries? doesn't China own the US now or just half the country?

[bush_cheney2004]

Buy US treasuries? doesn't China own the US now or just half the country?

No....the last time I checked, the US owned even more of Canada. So there!

[Derek L]

OK...this thread is not for the usual humanitarians and tree huggers who want to save the world from global warming or Canadian cannibals. This thread is about how to make a killing on the dramatic chaos in the Eurozone. There are plenty of other threads available to whine about poor people, spoiled students, and the cost of F-35's.

Let's get the best ideas this group has to offer...and cash in!

Here's what we have in an obvious way already:

1) Short the bajezus out of the Euro

2) Buy U.S. Treasuries

3) Buy contrarion and "ultra short" currency ETFs


I am not adding precious metals to the list because they rarely go up with flight to the rising U.S. dollar. Never say never, but gold has taken a big hit in the past six months.

Canned food, Gold and Ammunition?

[bush_cheney2004]

Canned food, Gold and Ammunition?

That's for a different scenario...don't forget the toilet paper.

Looks like Germany is going to have to eat it and float some kind of "Euro-bond"

...which might be just as valuable as high quality toilet paper.

[Derek L]

That's for a different scenario...don't forget the toilet paper.

Looks like Germany is going to have to eat it and float some kind of "Euro-bond"

...which might be just as valuable as high quality toilet paper.

Normally I’d say Real Estate, but those Europeans tend to “confiscate” foreign owned land when it suits them…..

[bush_cheney2004]

Normally I’d say Real Estate, but those Europeans tend to “confiscate” foreign owned land when it suits them…..

It just sucks...normally we could count on a war or something in Europe to reset things...but not anymore.

They can't even afford that.

[Derek L]

It just sucks...normally we could count on a war or something in Europe to reset things...but not anymore.

They can't even afford that.

You never know though, they couldn’t really afford the Second World War……..That said, if they go for a third, I’d think the best investment we could make is to sit it out.

[bush_cheney2004]

You never know though, they couldn’t really afford the Second World War……..That said, if they go for a third, I’d think the best investment we could make is to sit it out.

Agreed...and the USA sure as hell can't afford another Marshall Plan either!

[TheNewTeddy]

I want to buy Euros. Partly just as a savings account, as I believe that the Euro will recover.


And to those who think I'm a bleeding heart leftie because I disagree with Harper: I don't see any problem with trying to personally profit from the crisis in Europe; in fact, you should. Buying Euros will boost it's value.

Edited by TheNewTeddy, 15 June 2012 - 05:51 PM.

[Pliny]

Buying Euros will boost it's value.

You've revealed your identity now, George.