Currency Markets Prove Dollar Doom?

Currency Markets Prove Dollar Doom?

Today the yield on a two year Greek bond, (in the 22% range), mathematically reflects a 70% chance of default by Greece over the next two years. Normally, this would cause everyone to pile from Euros into Dollars. However, the Euro is trading near an all time high against the dollar. Why? What the hell do the biggest currency players know that we don’t know?

One of the only conclusions that I can derive from this is they know the dollar is toast.

Inside Joke: Shout out to my GLP silvertards and dollar doomers