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Chit Chat
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10 Nov 16
18:05
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Date Joined:
02 Mar 08
will marmite price fall ?
walkers crisps 10% increase be moderated ?
thought not .....
walkers crisps 10% increase be moderated ?
thought not .....
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Replies: 15
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20% rise in the amount of bollocks talked on Chit Chat
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The pound rose above $1.26 for the first time in five weeks on
Friday and is on track for its best fortnightly performance in eight years.  Sterling "seems to be riding the resurgent dollar's coattails, driven by excessive short positioning that leaves the pound the least vulnerable against the strengthening dollar", said Valentin Marinov at Credit Agricole in London. "The other support is that markets believe that Trump's victory could boost the UK's bargaining position going into the Brexit negotiations at some point next year. That remains to be seen."  The pound is also up 0.7% against the euro at €1.16 - its strongest since the end of September. |
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i thought it was more to do with the anti-Trump riots.
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Great. I might be going to Las Vegas at the end of the month, so this means I'll lose less money.
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petrol down
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bbc report nothing
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Gold & Silver down, some are blaming Trump for this?
I might be wrong but i find that hard to believe? thoughts? You can see a pattern here, the same with Brexit, anything that goes slightly wrong will be blamed on Trump |
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surely gold down is an endorsement of trump ?
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That would be simple view donald, but just people making money.
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when he was elected gold & silver went up slightly - today both have dropped
to the lowest for a fair few months. . http://www.mining.com/gold-price-is-tumbling/ Gold dropped to a five-month low Friday as the post-Trump price surge collapsed and investors redirect funds into industrial commodities and the stock market. if there's uncertainty why would people invest in the stock market as the above link suggests, surly Gold/Silver would be the safer option |
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Gold, which has been used by investors as a hedge against inflation and political uncertainty, is expected to perform poorly if the US economy performs more strongly and interest rates rise.
so they're blaming him for the price drop, yet suggesting the economy will perform stronger, under a Trump presidency  |
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People cashing in their safe-haven investments to ride the "not as bad as we thought" stocks/bonds/interest rate reduction post Trump "boom". Interesting times. Calling the bottom of Gold will be interesting
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I do mean an interest rate rise
 Ron - It is the fault of Trumps election but it is not his fault, and it doesn't really matter yet! |
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As you say interesting times.
I'm more interested in the Pound gain on the Euro at the moment. Gold & Silver prices still flying high compared to the last few years, so absolutely no concern at the present prices |