zagatoes30
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Is it time for “I told you so yet?”
Pound heads for two-year low as holidays begin https://www.bbc.co.uk/news/business-48926232
Tell me about it and I'm not bothered about holidays
Is it time for “I told you so yet?”
Pound heads for two-year low as holidays begin https://www.bbc.co.uk/news/business-48926232
It’s more than that.That is a problem with Worldwide banking systems not just European. Hence the credit cruch crisis of 2008.
Gold. Always the safe haven when the currency market goes to sh*t.
But conversely British goods extremely cheap.So Branson predicting a sterling collapse and it is certainly trending in that direction which will make UK purchasing power anywhere in the world difficult will it not?
https://www.bbc.com/news/business-48942631
When the GPO got privatised in the early 80s my uncle bought up loads of their stock at auctions, along with loads of spares that he sold back to BT over the years there was loads of relays that had platinum points and another metal called palladium,he made millions, the precious metal market was already buoyant at the time due to the Russians going into AfghanistanGold. Always the safe haven when the currency market goes to sh*t.
But conversely British goods extremely cheap.
Gold at £1400 ish in that case
But conversely British goods extremely cheap.
Gold at £1400 ish in that case
And the cows?This is the thing. If Gold prices are going up (in Sterling at least) then that suggests that the value of the pound is going down.
This is how it's always been and always will. It's a hedge.
Before the last financial crash due to sub prime mortgages gold was at record levels. A few years before that you could buy gold at $300 an ounce. I did.
When it peaked it was almost $1800 an ounce.
The commodities market is always the first place that will give you an indication of where the currency markets will go.
The currency markets will intern show you how the economy will go.
They are all linked.
And they are all linked to Brexit.
The pigeons are coming home.
What a good deal for the tax payer!When the GPO got privatised in the early 80s my uncle bought up loads of their stock at auctions, along with loads of spares that he sold back to BT over the years there was loads of relays that had platinum points and another metal called palladium,he made millions, the precious metal market was already buoyant at the time due to the Russians going into Afghanistan
Poor Asset Management.What a good deal for the tax payer!
The lots went for auction, the highest bidder won, that's how they decided to start the process of privatisationWhat a good deal for the tax payer!
No takers on this so I’ll remind you all.Christine Lagarde to replace Mario Draghi as head of the ECB.
Seriously, is it in that much trouble they couldn’t find anyone with “credibility” to do the job?