Today's Sunday Times: "Treasury shifts cash into Euros ahead of Brexit"

[sasguru]

"The Bank of England has ploughed billions of the Treasury's foreign currency reserves into Euros since the Brexit referendum, in an apparent vote of confidence in the single currency"

To which there is only one response:

[AtW]

Traitors!!!

[sasguru]

It's called hedging. Against stupidity.

[Mordac]

"The Bank of England has ploughed billions of the Treasury's foreign currency reserves into Euros since the Brexit referendum, in an apparent vote of confidence in the single currency"

To which there is only one response:

The Treasury aren't the brightest, I remember some of their Referendum forecasts. On that basis, I'd be selling Euros (or in my case, spending them) right now...

[sasguru]

The Treasury aren't the brightest, I remember some of their Referendum forecasts. On that basis, I'd be selling Euros (or in my case, spending them) right now...

Not compared to a bona-fide grade-A stable genius like yourself.
Off you go, sell your euros and buy pounds

[LondonManc]

This could be as profitable as when Gordon Brown cash in our gold for Euros. Oh, wait.

[sasguru]

This could be as profitable as when Gordon Brown cash in our gold for Euros. Oh, wait.

Sell yer Euros, buy pounds, I tell yer!

[WTFH]

Sell yer Euros, buy pounds, I tell yer!

I'm not going to sell my Euros until Scooter say we should buy them.

[sasguru]

I'm not going to sell my Euros until Scooter say we should buy them.

Between the Brexit plonkers and scooter - it's enoughto keep me in stitches permanently

[LondonManc]

Sell yer Euros, buy pounds, I tell yer!

Spoken like the true gimp you are.

Save in gold and land, never in currency.