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THE DEATH OF THE POUND IS IMMINENT

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Re: THE DEATH OF THE POUND IS IMMINENT

Postby miltiades » Tue Mar 14, 2017 6:30 pm

Sotos wrote:I just bought some things from Amazon.co.uk a few days ago. If I knew that the pound was about to drop significantly then I would have waited!

April 1st , 2017 ...fools day, I expect the pound to be below 1.10 euro. Hope that I'm wrong and that Robin is right!! By the way the con artists at Gatwick airport on Sunday last were offering 1 euro to the pound but buying euros at ...1.39 !! What a bunch of bloody con artists, yet they are allowed to fleece the naive who know nothing about exchange rates. Its no wonder the airport is full of these con merchants !
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Re: THE DEATH OF THE POUND IS IMMINENT

Postby miltiades » Wed Mar 15, 2017 8:08 am

A glimmer of hope this morning as the pound seems , in overnight trading, stabilized at around 1.217 to the dollar and 1.146 to the euro. I sincerely hope that my rather gloomy prediction does not come to fruition and that sterling will steady it self.

The markets/ speculators/ investors appear to have now accepted that article 50 will be invoked come the end of the month. Will there be further turmoil before then, one does not know.

I will still favour switching sterling holdings to the dollar that right now appears to be the markets favourite currency.
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Re: THE DEATH OF THE POUND IS IMMINENT

Postby Robin Hood » Wed Mar 15, 2017 9:04 am

miltiades wrote:A glimmer of hope this morning as the pound seems , in overnight trading, stabilized at around 1.217 to the dollar and 1.146 to the euro. I sincerely hope that my rather gloomy prediction does not come to fruition and that sterling will steady it self.

The markets/ speculators/ investors appear to have now accepted that article 50 will be invoked come the end of the month. Will there be further turmoil before then, one does not know.

I will still favour switching sterling holdings to the dollar that right now appears to be the markets favourite currency.


With the Dutch elections looking to maybe mirror the Brexit vote in the UK .... i.e. right up to the wire ...... I find it strange that the Euro has not dropped against the GBP. Very strange? Another point ..... this call for Scotland to have another 'leave-the-UK' referendum ..... has had virtually no effect. :?
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Re: THE DEATH OF THE POUND IS IMMINENT

Postby miltiades » Wed Mar 15, 2017 9:26 am

Robin Hood wrote:
miltiades wrote:A glimmer of hope this morning as the pound seems , in overnight trading, stabilized at around 1.217 to the dollar and 1.146 to the euro. I sincerely hope that my rather gloomy prediction does not come to fruition and that sterling will steady it self.

The markets/ speculators/ investors appear to have now accepted that article 50 will be invoked come the end of the month. Will there be further turmoil before then, one does not know.

I will still favour switching sterling holdings to the dollar that right now appears to be the markets favourite currency.


With the Dutch elections looking to maybe mirror the Brexit vote in the UK .... i.e. right up to the wire ...... I find it strange that the Euro has not dropped against the GBP. Very strange? Another point ..... this call for Scotland to have another 'leave-the-UK' referendum ..... has had virtually no effect. :?

Geert Wilders appears to be losing ground against the incumbent PM Mark Rutte.
I find the following quite ....amusing.
" When Wilders and Rutte faced off on national television Monday evening, the Freedom Party leader told the prime minister that “we must directly expel the Turkish ambassador and the rest of his staff from the country, otherwise we accept that we are being insulted.”

Rutte’s response was to tell Wilders: “That’s the difference between tweeting from your couch and governing the country. If you govern the country, you have to take sensible decisions, and that isn’t sensible.”
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Re: THE DEATH OF THE POUND IS IMMINENT

Postby Get Real! » Wed Mar 15, 2017 11:59 am

miltiades wrote:
Get Real! wrote:Does this mean you’re now bankrupt Milti? :?

I’ll kick-start a donations tin… :cry:

[Tsink] <--- inserted first 1c coin! 8)

Almost bankrupt !! You stingy sod is that all you can contribute !!! :lol:

It's a start... :oops:
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Re: THE DEATH OF THE POUND IS IMMINENT

Postby miltiades » Wed Mar 15, 2017 12:15 pm

Will be in Cyprus next Thursday 23rd. Will you have enough to .....buy me a drink ?? :lol:
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Re: THE DEATH OF THE POUND IS IMMINENT

Postby Get Real! » Wed Mar 15, 2017 12:44 pm

miltiades wrote:Will be in Cyprus next Thursday 23rd. Will you have enough to .....buy me a drink ?? :lol:

But I've put it all in your kitty... :?
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Re: THE DEATH OF THE POUND IS IMMINENT

Postby CBBB » Wed Mar 15, 2017 12:47 pm

miltiades wrote:Will be in Cyprus next Thursday 23rd. Will you have enough to .....buy me a drink ?? :lol:


I'm around in Limassol if you want a quick red wine one lunchtime.
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Re: THE DEATH OF THE POUND IS IMMINENT

Postby Get Real! » Wed Mar 15, 2017 12:50 pm

CBBB wrote:
miltiades wrote:Will be in Cyprus next Thursday 23rd. Will you have enough to .....buy me a drink ?? :lol:

I'm around in Limassol if you want a quick red wine one lunchtime.

Hurry up and delete that because he’s fucking skinned!
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Re: THE DEATH OF THE POUND IS IMMINENT

Postby miltiades » Wed Mar 15, 2017 12:55 pm

CBBB wrote:
miltiades wrote:Will be in Cyprus next Thursday 23rd. Will you have enough to .....buy me a drink ?? :lol:


I'm around in Limassol if you want a quick red wine one lunchtime.

Would love to mate, pm me your mob number.
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