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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 (6,042 Views)
hoofarted
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2.12650 - That will be another $3000 thank you.
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hoofarted
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2.13810 <---- Keep it up! $2.40 would be nice, who knows.
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newjez
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hoofarted
28 Jul 2015, 07:19 AM
2.13810 <---- Keep it up! $2.40 would be nice, who knows.
By Xmas?
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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hoofarted
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newjez
28 Jul 2015, 07:24 AM
By Xmas?
It may just be, at this rate, but I suspect not.
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hoofarted
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$2.17160 <---- Keep it up! $2.40 would be nice

Another AU rate cut would do it.


EDIT: $2.18160 - Worth $12K today alone!

EDIT2: $2.20660 - $2.40 before the day is out?
Edited by hoofarted, 25 Aug 2015, 12:40 AM.
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newjez
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hoofarted
24 Aug 2015, 09:14 PM
$2.17160 <---- Keep it up! $2.40 would be nice

Another AU rate cut would do it.


EDIT: $2.18160 - Worth $12K today alone!

EDIT2: $2.20660 - $2.40 before the day is out?
No, sooner or later they will realise this will slow UK rate rise. But Xmas still possible.
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
25 Aug 2015, 05:39 AM
No, sooner or later they will realise this will slow UK rate rise. But Xmas still possible.
The UK will not raise rates until the US raises rates.

So the UK will not be raising rates.

The whole phoney boom of the last few years has been fed by lower and lower rates. Unwind that and you unwind the phoney boom.

Talking about raising rates (so called "future guidance") is just jawboning.

Like a heroin addict or alcoholic promising that he will give up next week.

They have to keep up the pretense or admit that they are permanently out of control.



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
25 Aug 2015, 07:04 AM
The UK will not raise rates until the US raises rates.

So the UK will not be raising rates.

The whole phoney boom of the last few years has been fed by lower and lower rates. Unwind that and you unwind the phoney boom.

Talking about raising rates (so called "future guidance") is just jawboning.

Like a heroin addict or alcoholic promising that he will give up next week.

They have to keep up the pretense or admit that they are permanently out of control.


Good post jimbo, and seven years later the addict is still telling us they'll give up next week. And seven years later, the lies flow thick and fast.

Meanwhile.....back at the ranch..... World stock markets are imploding and now they have no room to cut rates this time...DOH . Almost like an episode of the Simpsons, such is the level of comedy going on here.

And even the phoney boom with endless trillions and rates at zero forever have US house prices back to that of ten years ago, fifteen in some spots and about twelve if your in Ireland. Just another phoney bubble like the last one, only smaller this time depsite every measure imaginable being used.

US stock market was only down 1,000 points at one stage, another two weeks of that and they would be at zero .


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newjez
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Jimbo
25 Aug 2015, 07:04 AM
The UK will not raise rates until the US raises rates.

So the UK will not be raising rates.

The whole phoney boom of the last few years has been fed by lower and lower rates. Unwind that and you unwind the phoney boom.

Talking about raising rates (so called "future guidance") is just jawboning.

Like a heroin addict or alcoholic promising that he will give up next week.

They have to keep up the pretense or admit that they are permanently out of control.


It sort of depends on whether you think China is the picture, or whether China is part of the picture. I think the later, and all this will do is delay till first half 2016. UK could go first, and looking likely, but too early to tell.
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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