• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Pound under attack as debt worries grow

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    #21
    Look on the bright side.

    Our export industries will be booming.



    Shame everything we buy is imported.

    £

    Comment


      #22
      <Silly question>Have the Labour party not got any news on standby to stem a rout. Have they no good news in reserve at all?</Silly question>

      Comment


        #23
        Originally posted by DimPrawn View Post
        Look on the bright side.

        Our export industries will be booming.



        Shame everything we buy is imported.

        £
        Did you have any lucky buying Sovereigns?

        Comment


          #24
          I haven't bought any sov's yet. All my gold is in BullionVault.

          I stuck my sterling wonga into this (as I predicted the pound was going to die against the US dollar).

          http://www.londonstockexchange.com/e...GRJ90JEUSDETCS

          Boomed!

          Comment


            #25
            Originally posted by DimPrawn View Post
            I haven't bought any sov's yet. All my gold is in BullionVault.

            I stuck my sterling wonga into this (as I predicted the pound was going to die against the US dollar).

            http://www.londonstockexchange.com/e...GRJ90JEUSDETCS

            Boomed!
            A bit out of my league I've the prospect of phoning my bank and asking them to open one or more foreign currency accounts and facing the uncertainty in not knowing exactly how long that will take or when it will complete. I was pleasantly surprised at how quick I was able to move money this morning using them though. It only took 30 seconds or so to transfer cleared money into BullionVault and a further few seconds after that to have it notionally held in Gold in a vault in Geneva.

            Comment


              #26
              Originally posted by TimberWolf View Post
              <Silly question>Have the Labour party not got any news on standby to stem a rout. Have they no good news in reserve at all?</Silly question>
              Correct. It is a silly question.

              Comment


                #27
                I wouldn't worry about the UK finances.

                Gold is at an all time high in GBP and all Gordon has to do to pay off our mind blowingly humungous deficit is sell our gold reserves now at the peak.

                Simples.

                Comment


                  #28
                  Originally posted by sweetandsour View Post
                  Correct. It is a silly question.
                  Mind you, devaluing Sterling could be Labour's master plan.

                  Comment


                    #29
                    FRACK
                    How did this happen? Who's to blame? Well certainly there are those more responsible than others, and they will be held accountable, but again truth be told, if you're looking for the guilty, you need only look into a mirror.

                    Follow me on Twitter - LinkedIn Profile - The HAB blog - New Blog: Mad Cameron
                    Xeno points: +5 - Asperger rating: 36 - Paranoid Schizophrenic rating: 44%

                    "We hang the petty thieves and appoint the great ones to high office" - Aesop

                    Comment


                      #30
                      Lordy Lordy, the pound fell off a cliff in the last couple of hours
                      The mind is its own place, and in itself, can make a Heaven of Hell, a Hell of Heaven

                      Comment

                      Working...
                      X