What's going on? How come the rest of the world does not believe that the UK economy is booming, house-prices sky-rocketing, blah blah
A new historical minimum day by day....
A new historical minimum day by day....
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I've seen much of the rest of the world. It is brutal and cruel and dark, Rome is the light. -
The pound was overvalued for too long. The problem is , the markets tend to over-react when a correction is due.
I suspect it's still far more expensive to buy a bottle of wine or a flat in London than in Berlin though.Speaking gibberish on internet talkboards since last Michaelmas. Plus here on Twitter -
1.00 GBP = 1.99101 USDOriginally posted by Francko View PostA new historical minimum day by day....
Sorry you're wrong, it's been MUCH worse than that
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Ok, there is always something worse, let's look at the bright side...Originally posted by Platypus View Post1.00 GBP = 1.99101 USD
Sorry you're wrong, it's been MUCH worse than thatI've seen much of the rest of the world. It is brutal and cruel and dark, Rome is the light.Comment
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I've still got majority of my stash in offshore sterling. Its grim to watch that curve and I know I should have bailed out at 1.40 and nfi what to do now. It does seem that the euro is overvalued already, but if the ecb starts hinting at rises again and sterling rates drop then I scunneredOriginally posted by Francko View Post
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Unfortunately sometimes it's a bit of a roll of the dice. When it reached 1.40 that was the point I was waiting for to buy in...only by chance I didn't.Comment
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Don't look at the dollar, or the Euro, most paper currency will soon be worthless.Originally posted by Francko View PostWhat's going on? How come the rest of the world does not believe that the UK economy is booming, house-prices sky-rocketing, blah blah
A new historical minimum day by day....
ETFS Physical Silver, Gold, Platinum, oil and a grain indexComment
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I did convert all my Sterling to Euros last October - of course Sterling is destined to go the way of the Dollar being an anglo saxon fiat currency which has had an economy based on over extended cedit and hyper inflation in the housing market and massive spending on Middle East Wars.
Even worse than the US - a pseudo-workforce of Government funded employees causing more stress to the taxapyers.
Sterling to fall against the Euro by 12-15 per cent by end of year - who would bet against it ?
Shoulder to Shoulder - Dust to Dust - Ashes to Ashes - Fun to Funky.
Strung out on Heaven's High
Hitting an all time Low
George'n'Gordon - pray for us
Last edited by AlfredJPruffock; 5 March 2008, 08:57.Comment
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Pound to swiss franc getting close to 2 (currently 2.05) from 2.5 a few months ago. On the bright side it makes calculation easy.Originally posted by AlfredJPruffock View Post
I've seen much of the rest of the world. It is brutal and cruel and dark, Rome is the light.Comment
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Here is the solution to the UKs economic woes - how about a multi gizzilon Trident Weapon upgrade - natrually the contracts will be awarded to the US millitary industrial complex - its only fair after all.
Funding ?
Simple - tax the peasants till their pips squeak.Comment
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