Golman Goes Bearish On Dollar; Time To Short Euro Again

Tyler Durden's picture

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walküre's picture


austerity vs blatant currency manipulation

the world knows the Fed is buying all US debt and their balance sheets are worse than Enron

off topic but related.. why is Madoff still in jail?


jkruffin's picture

why is Madoff still in jail?


I have been asking that for several months now, with no explanation.


How can you hold Madoff responsible, for exactly the same thing Bernanke and Geithner are doing on a larger scale?  Scapegoat is the only reason I come up with. You know kind of like how Bin Laden became the scapegoat/fallguy for 9/11.

Mongo's picture



The title is so funny!

Rogerwilco's picture

QE2, and it's not an ocean liner. Elections are coming and baby needs shoes.

Hondo's picture

These guys are so worthless as stewards of clients money....oops.I forgot they are only stewards of their own money and their profession is separating their clients from their money.

Village Idiot's picture

I always see my assistant playing with those Sudoku things when she is on her break.  GS is using them too, hmm.

knukles's picture

Ya'll hear? 

GS is buying Iran and giving out Ineedaminihandjob dolls to the first 100 visitors.

DavidC's picture

Bet it doesn't stop them having a perfect quarter trading record with every day making a billion dollars...


Titan999's picture

How comes you guys don't attach the reports anymore so we can read them

vreporter's picture

GS has NEVER had any FX prowess to speak of - and that goes all the way back to Mr. Blankfein's days on the FX desk!

Tense INDIAN's picture

will that have any effect on stocks....???

septicshock's picture

someone get a shovel, its raining money.

bugs_'s picture

Could Goldman be right this time?

jkruffin's picture

HAHA, I had just shorted the EUR/USD at 1.2676 just before Tyler posted this article.  It is definitely time to short the EURO.  As always, do the opposite of what Goldie does if you want to make money, otherwise you will take massive losses.

Oso's picture

haha, TD's et al, i think the commentary is becoming even funnier.  Sudoku! lol!

Vampyroteuthis infernalis's picture

Meow *thunk*. I believe that is the sound of a dead cat bounce for the Euro (just remove the meow).

Gold Member's picture

I would have a hard time buying Euros at these levels.  Especially, given this news story:

Legal noose tightens on Europe's monetary union


knukles's picture

Holy Shit!

The Unintended Consequences of the original Community Reinvestment Act Reawake to Proliferate Unchecked throughout the Whole Fucking Universe.  The breadth of the language is Astounding! 

Has nobody learned from history? 

Great catch, Turd. 


SilverIsKing's picture

I'd wait a minute to short EURUSD.  We could see 1.28 and then I will go short.

aaronb17's picture

If you're bearish on the eurusd, this little rally was a huge gift.   January 2011 $125 puts on FXE cost a paltry $4.60.  

kingwallop's picture

its right around 1.2700 

whaddaya all think short it now?

Crummy's picture

How can they not know that the drop in the dollar is due to liquida... Oh, wait.


dcb's picture

God some things are just about the easiest top you could imagine. udn has been my most profitable trade for a while now. yeasterday I noticed we are just about up against the top of the long tern dollar bull so I tightened up my shorts and have a uup buy in .

I swear you can't be that fucked up about a trade unless you are doing it on purpose. we had what everyone would have thought a top on uup then the last gasp.

PeterB's picture

Let the scramble for cash commence. USD denominated debt is the reason.

Itsalie's picture

Looks like they are executing their game plan to privatize rather smoothly.

GFORCE's picture

Haha, love the title also. Rather than follow the clowns at GS, why not follow John Taylor who's been right all along and puts his own money on the line, rather than some Wall St bucket shops who are scamming every last possible cent of clients before the ship goes down.

Euro to peak around 1.3 by august and fall to 1.0 by year end. Greek default? Scam stress tests? German professor court cases? Pick one or more!


Eric Cartman's picture


Yeah not so much! You got worked. This did not happen.

herry's picture

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