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Buy the Pound Today; Standard Disclaimer. Investments can go up or down etc.etc)
Topic Started: 7 May 2015, 01:00 AM (6,045 Views)
newjez
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Jimbo
8 May 2015, 02:49 PM
I think the SNP will go for another independence vote. That has always been their stated intention and now they are in a position of power, they will use that power to make some deals.

I am not so sure about the long term outlook for the Pound. Maybe $2.00 to $2.20 by year end is not far off the mark.

The one thing that could hurt the Pound is the Tories promise to hold a referendum on EU membership.

That will be when I do my next trade.
The big problem with independence was no one really knew what it meant. This gives the SNP the chance to chip away at the detail. They will gain their independence in everything but name, first, and that's how it should be.

Europe? As with proportional rep, and with Scotland, I wouldn't bet against the Tories. Their scare tactics are second to none. But it may be an opportunity.
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
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Jimbo
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newjez
8 May 2015, 03:05 PM
The big problem with independence was no one really knew what it meant. This gives the SNP the chance to chip away at the detail. They will gain their independence in everything but name, first, and that's how it should be.

Europe? As with proportional rep, and with Scotland, I wouldn't bet against the Tories. Their scare tactics are second to none. But it may be an opportunity.
There is a lot of loud anti Euro sentiment in the UK just like there was a lot of loud Scottish independence talk in Scotland prior to the referendum.

But the fact is, people are scared of change.

The Tories will hold an in/out of Europe referendum and the markets will get the jitters.

But the Tories, Labour and Liberal parties will all campaign to stay in Europe.

Britain will stay in Europe.
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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SuburbanBoy
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Jimbo
8 May 2015, 02:28 PM



I've just hedged half of my outlay and quit at $1.9627.

I will leave the other half to ride out the storm.
Nice darts, very tidy gain. Unfortunately i will be cheering against you, I'm over there in 3 weeks :)
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Jimbo
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SuburbanBoy
8 May 2015, 04:07 PM
Nice darts, very tidy gain. Unfortunately i will be cheering against you, I'm over there in 3 weeks :)
I was there a few weeks ago and it is a pretty cheap place for a holiday (especially if you are from Perth).

You can get a full English breakfast for $8.00 and a pint of Guinness will set you back $5.50. Sunday carvery in a traditional pub will cost you $12.00.


Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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Jimbo
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skamy
7 May 2015, 11:35 AM
This is what I am hearing - Milliband is becoming more electable by the day.

Do you have any more inside info you would like to share?
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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newjez
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Jimbo
8 May 2015, 06:38 PM
Do you have any more inside info you would like to share?
If only I had access to skamy's inside info.

UK utilities up sharply - 5 - 10% for some. Did you buy any Jimbo?
Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
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Jimbo
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newjez
8 May 2015, 07:09 PM
If only I had access to skamy's inside info.

UK utilities up sharply - 5 - 10% for some. Did you buy any Jimbo?
No I didn't but it was a good tip though.

One thing I will own up to is that I am a traditional Labour supporter and I reckon the UK working man will have a bit of a rough ride for the next five years.

But sadly, Labour were never going to win this one. The Tories scare mongered the British public into voting them into power. It was a very negative campaign.
Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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Mike
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Jimbo
8 May 2015, 02:28 PM
I've just hedged half of my outlay and quit at $1.9627.

I will leave the other half to ride out the storm.
How much did you invest and what was the return on the investment. Serious question.
http://mike-globaleconomy.blogspot.com.au/
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Jimbo
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Mike
8 May 2015, 07:42 PM
How much did you invest and what was the return on the investment. Serious question.
My nett return was 3% in 20 hours for a simple trade.

It was a largish trade, six figures with a five figure return.

I did it on a whim when I saw the compressed rate yesterday ($1.9005).

Zero risk, no leverage.

I posted my intentions on here in advance to avoid the usual claims of "hindsight trading".

Matthew, 30 Jan 2016, 09:21 AM Your simplistic view is so flawed it is not worth debating. The current oversupply will be swallowed in 12 months. By the time dumb shits like you realise this prices will already be :?: rising.
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newjez
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Jimbo
8 May 2015, 07:15 PM
No I didn't but it was a good tip though.

One thing I will own up to is that I am a traditional Labour supporter and I reckon the UK working man will have a bit of a rough ride for the next five years.

But sadly, Labour were never going to win this one. The Tories scare mongered the British public into voting them into power. It was a very negative campaign.
I think the next five years could be like the Blair early years. Much uncertainty has gone, and it could be a good growth period for the UK. Only thing holding them back is Europe.

Whenever you have an argument with someone, there comes a moment where you must ask yourself, whatever your political persuasion, 'am I the Nazi?'
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