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Traveling through Europe right now: currency?

Posted on 6/28/15 at 11:53 am
Posted by Lou Pai
Member since Dec 2014
28088 posts
Posted on 6/28/15 at 11:53 am
Given the state of affairs with Greece and the descent of the Euro, I'm kind of in an interesting spot. Unfortunately I took out a lot of cash earlier this past week, and my trip is ending soon. In light of that, does anyone have any ideas for exploiting the situation? Ending my trip in Austria FYI.
Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 6/28/15 at 11:57 am to
I just can't help myself. Haven't you heard of Bitcoins?

When was the last Bitcoin thread? Wiki and Josh have been MIA for some time now.
Posted by Shepherd88
Member since Dec 2013
4579 posts
Posted on 6/28/15 at 12:07 pm to
If Greece leaves the EU I would expect the euro to appreciate pretty significantly. You could also take a gamble and buy some Greek bonds for the flip side of the argument.

None of this is provided advice however.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
26977 posts
Posted on 6/28/15 at 2:09 pm to
Hookers and blow.
Posted by Lou Pai
Member since Dec 2014
28088 posts
Posted on 6/28/15 at 2:49 pm to
Ha I am in no way qualified or capable of shorting a currency or debt securities from my smartphone.
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35473 posts
Posted on 6/28/15 at 3:13 pm to
quote:

I am in no way qualified or capable of shorting a currency or debt securities


You could have just stopped right there.
Posted by juice4lsu
Member since Dec 2007
3695 posts
Posted on 6/28/15 at 8:16 pm to
:highjack:

Where in Austria?
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72460 posts
Posted on 6/28/15 at 10:01 pm to
quote:

Wiki and Josh have been MIA for some time now.


yep

Posted by Lou Pai
Member since Dec 2014
28088 posts
Posted on 6/29/15 at 3:38 am to
Whoah now
Posted by Lou Pai
Member since Dec 2014
28088 posts
Posted on 6/29/15 at 3:38 am to
Vienna, Salzburg, and Innsbruck
Posted by LSU0358
Member since Jan 2005
7915 posts
Posted on 6/29/15 at 6:39 am to
quote:

If Greece leaves the EU I would expect the euro to appreciate pretty significantly.


I think any kind of settlement here the Euro goes up as well. Just ending the uncertainty will give a medium term boost. USD rally continues later this year IMO.
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