The euro

1963Falcon

Active member
122 1
The euro is backed by nothing. All currencies back by nothing are fiat and eventually collapse to nothing. Just look at history.
 

MasterOfCoin

Experienced member
1,228 478
The euro is backed by nothing. All currencies back by nothing are fiat and eventually collapse to nothing. Just look at history.

Historically, the 'average lifespan' of a Fiat Currency is 41 years.

It's a simple exercise to do the maths on the presently existing bunch of essentially worthless promissory notes.

:ROFLMAO: :ROFLMAO: :ROFLMAO: :ROFLMAO: :ROFLMAO:
 

1963Falcon

Active member
122 1
Very good Master. Look at the 5 minute Euro and USD chart right now and it is a perfect head and shoulders pattern. It may break this but we will see...
 

1963Falcon

Active member
122 1
But remember the USD left the gold standard in 1973 so which currency is the worst... It is a race to the bottom...😁😁😁😁😁😁😁
 

1963Falcon

Active member
122 1
Also if you draw a horizontal line then the newer peaks are just 1 pip higher than the older peaks so I don't trust it...
 
 
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