Brexit Deal

GeoffCapes

Member
Messages
14,000
Geoff we all voted and a decision was made rightly or wrongly. There is never a right decision. Someone is always on the opposite side,

As for
“I guess in your line of business an leave vote is what you want as the stock market will tank and gold prices will rocket”

Are you kidding me?
the uk govt has now started threatening banking chaos

https://news.sky.com/story/eu-risks-bank-crisis-from-no-deal-brexit-say-uk-officials-11578161

You clearly don’t understand what Gold is, or indeed what democracy is.

Further, in my line of business I know more than most what is going down just now. I have an interest in that. I would suggest that you get acquainted.

Having traded gold for a number of years, I know all about what makes it go up in value.
Gold is a safe haven, when there is market turmoil, investors plough into gold.

That is why I bought my first house using the profits from buying gold at circa $600 and chasing it all up to around $1600, even though it went higher still.

When Lehman Bros went bust, I made an absolute killing on Gold, market uncertainty is what you need when trading it.
Buy when the market is tanking, sell when it is rising. (in very simplistic terms).
 

Wattie

Member
Messages
8,640
Having traded gold for a number of years, I know all about what makes it go up in value.
Gold is a safe haven, when there is market turmoil, investors plough into gold.

That is why I bought my first house using the profits from buying gold at circa $600 and chasing it all up to around $1600, even though it went higher still.

When Lehman Bros went bust, I made an absolute killing on Gold, market uncertainty is what you need when trading it.
Buy when the market is tanking, sell when it is rising. (in very simplistic terms).
So having suggested I was touting it for personal gain which I’m not,( I don’t need sm subscribers) I’m sure you would consider its worth considering as an asset to consider in these circumstances......
Bit like tipping people off to reliable servicing
 

GeoffCapes

Member
Messages
14,000
So having suggested I was touting it for personal gain which I’m not,( I don’t need sm subscribers) I’m sure you would consider its worth considering as an asset to consider in these circumstances......
Bit like tipping people off to reliable servicing

I would consider it as a hedge. However, the better time to have bought would have been a couple of months ago.

Although depends if you are trading or using as an investment. As an investment, probably not as the medium term I can see the price falling further as I think the trend supports that, but DYOR.
For trading, then it's definitely worth a punt as volatility is your friend.
 

Wanderer

Member
Messages
5,791
Well,
I have just had an "interview" in loose terms and basically been offered the pick of 4 similar roles in Denmark.
Now let me think.... yep - think I'm off....
Eight years to Citizenship though and away from this madness. Best bet is to marry an Italian lass, quickest and don't even have to be in Italy. Wonder why cars can't count as Italian lasses?
 

Oneball

Member
Messages
11,126
Well,
I have just had an "interview" in loose terms and basically been offered the pick of 4 similar roles in Denmark.
Now let me think.... yep - think I'm off....

Cars and motorcycles are hideously expensive. There’s a 150% registration tax on the value of a new car and that trickles down into the secondhand market. I was talking to a guy over there on an 8 years old VFR800 and he’d paid the same for it as I paid for my new KTM RC8.

Good glogg though.
 

TridentTested

Member
Messages
1,819
Not quite, in 1975, there was no choice. The then prime minister, Ted Heath took us in to what we were told was a trading partnership in which we were told excise duty, to name but one thing, would be expected to be the same in all member states. The public believed that duty on alcohol, tobacco and fuel would be reduced to the same level as other countries in Europe ( that was never going to happen but that wasn't a big issue anyway, merely a red herring).
To be fair, a trading partnership is a good thing but we are now a long way from that and much closer to a federal Europe in which we would not be one of the big fish.

There was no doubt about what the UK and Ireland joined in 1973.

This is from the first page of the Treaty of Rome, which was in existence before both the UK and Ireland joined. Heath even sent information to every household in the UK explaining this.
Screen Shot 2018-12-12 at 13.30.46.png

https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:12002E/TXT&from=EN
 

Wanderer

Member
Messages
5,791
Cars and motorcycles are hideously expensive. There’s a 150% registration tax on the value of a new car and that trickles down into the secondhand market. I was talking to a guy over there on an 8 years old VFR800 and he’d paid the same for it as I paid for my new KTM RC8.

Good glogg though.
I can vouch for that having lived there, like a £50k Ford Ka! I thought it was 180%, but not on pure electric cars, hence the huge number of Teslas about. I had one for a while on test drive, P100D S, rapid, silent, cheap and plasticky despite the leather. Loved it for 2 hours, after that had no feelings for it.

Stay away from the Carlsberg Master (not Special) Brew, 10.5%, drinking that made me ill, Danes can drink usually Thu/Fri till very late.

And they fry onions in your 'Polse' ie sausage to a crisp, I mean totally gritty crispy and rock hard...
 
Messages
6,001
Well just catching up here and I have a few opinions I think many on here would disagree with but that is the way of things
However
I can say that we now have another case of the Tory party committing suicide.
They are a vicious mean vindictive lot that have a great track record as examples. they risk the welfare of the country with another G Election or Referendum and for why?
Yes T May may not have it right but to go down this road is complete and utter madness destroying what little credibility all MP's have right now.
If they fail to implement Brexit I will not vote again
If a G Election is called I may not vote again
They have a lot of ground to make up to convince me they are worthwhile.
Also there are a number of countries (USA N Ireland Germany) that have not had a functioning government for a while and yet daily life carries on. Trump still has not filled all of the posts in his white house yet
I despair sometimes
 

Wanderer

Member
Messages
5,791
I won't be buying cars or bikes. Powered ones anyway.
Copenhagen has cracking bike facilities. Bike lanes priority, double decker bike stands, dba.dk I think was the place, a bit like daft.ie in Ireland, stuff to rent/buy/sell....

Kind of miss it now, though I have to say it did get a bit boring most of the time......
 

safrane

Member
Messages
16,869
I don't think Brexit will happen...it's all a conspiracy (negotiations etc) as I don't believe any government is so inept to make such a hash of it as has been done so far... its just MPs and big business keeping things the same to keep wages down and move work to the newest EU country where people will do anything for a egg and two worms.

But should it happen we will make the best of it (well with lots of winging) as we have done since the Romans left. Now keep calm and carry on.
 

MaserCoupe

Member
Messages
564
This leadership election is happening because people still believe that by changing the singer they can somehow change the song. Simple truth is you can't. Once the red lines met the Good Friday Agreement against the backdrop of weaponising freedom of movement and the indivisibility of the four freedoms......then you get where we are today...This is a healthy democracy when the details of the debate are debated!
 

Rwc13

Member
Messages
1,668
This leadership election is happening because people still believe that by changing the singer they can somehow change the song. Simple truth is you can't. Once the red lines met the Good Friday Agreement against the backdrop of weaponising freedom of movement and the indivisibility of the four freedoms......then you get where we are today...This is a healthy democracy when the details of the debate are debated!
Agree, people keep saying May and her advisers are idiots.........they aren’t. But neither is Barnier and the EU’s advisers. So guess what, you don’t get everything you want......
 

Oneball

Member
Messages
11,126
I think she put herself in this position. What I cannot get my head around is why she didn’t put the draft agreement before Parliament, let it get voted down and then go back to the EU. She’d have appeased most of the MPs on both sides and would have a larger stick (or medium sized twig) to walk in to Barnier’s office with.
 

MaserCoupe

Member
Messages
564
Because no one in her own cabinet is united. Splinters of ERG and moderate leavers and of course Remainers. ERG want to go in one direction and the rest don't. The deal (if you can call it that) or lets call it the least damaging to the country option will get hammered by the opposition and the electorate as its still no better than what we currently have. The Tories are basically trying to also not tear themselves to bits in the process.
 
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