UK plc is broke and we should call in Administrators !
Its over !
Its over !
Cable Update - Continued 102 replies
Cable (GBPUSD) vs Euro (EURUSD) 31 replies
Cable Update (GBP/USD) without Idiots 23 replies
Why is GBPUSD called cable? 66 replies
cable short for gbpusd? 6 replies
DislikedWe have Mr Greenspan to thank.I know the feeling mate.Currency and property value going down together.Ignored
DislikedIt sucks, and is said tongue in cheek but there is serious value here now for US investors....
Just think, a lovely terraced victorian cottage on an island surrounded by luscious South London babes. Think Blue Lagoon, but without tropical storms..
Did someone just buy a pound? Last chance...Ignored
DislikedWhat I want to know is how is it possible for it to keep dropping like that? In order for people to keep selling, someone has to keep buying, but who in their right minds would go long when the pair is dropping like a rock?!Ignored
DislikedIn all seriousness, I think you make a valid point.
There will be great value in UK commercial and residential property for foreign investors.
Also, this latest move in sterling is also positive for FTSE100 companies who derive a chunk of their earnings in overseas markets, due to positive translation effects when repatriating profits and converting dollar denominated dividend payouts to sterling. Namely, Vodafone, BP, RDSA, Anglo American, GSK, Astra Zeneca, BAT, Imperial Tobacco...Ignored
DislikedIt sucks, and is said tongue in cheek but there is serious value here now for US investors....
Just think, a lovely terraced victorian cottage on an island surrounded by luscious South London babes. Think Blue Lagoon, but without tropical storms..
Did someone just buy a pound? Last chance...Ignored
DislikedThey would be coming in droves,but things arent helped by a certain bow-tied guy popping up on Bloomberg saying the UK is finished.Plus the international Tycoons are busy committing suicide thanks to our buddy Madoff.There was another fund manager who disappeared a couple of days ago in,they said he stole a paltry 300 mil.Ignored
DislikedThey will eventually come, of that there is no doubt, irrespective of what Jim says. As much as I love listening to his views, Jim was also bullish on the price of crude oil as it fell from $147 to $127, saying what a great buying opportunity this presents. He is also famously ultra-bearish on the greenback, a view he has been screaming from the rooftops for some time now.Ignored
DislikedIn all seriousness, I think you make a valid point.
There will be great value in UK commercial and residential property for foreign investors.
Also, this latest move in sterling is positive for FTSE100 companies who derive a chunk of their earnings in overseas markets, due to positive translation effects when repatriating profits and converting dollar denominated dividend payouts to sterling. Namely, Vodafone, BP, RDSA, Anglo American, GSK, Astra Zeneca, BAT, Imperial Tobacco...Ignored
DislikedIt looks like the drop is over for the time being.
It is EUR turn nowIgnored
DislikedThey will eventually come, of that there is no doubt, irrespective of what Jim says. As much as I love listening to his views, Jim was also bullish on the price of crude oil as it fell from $147 to $127, saying what a great buying opportunity this pullback presented. He is also famously ultra-bearish on the greenback, a view he has been screaming from the rooftops for some time now.Ignored