Tradefair & Financials
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26 Jun 16
00:02
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27 Jan 02
Thank me later.
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Replies: 9
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Bought a lot of someone's I'll thank you now ps any cheap euros
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Yes, I've been doing that, but not all of it though. Transferring mostly to non UK trackers and ETF's.
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Might we see all the US money leaving and coming into UK now !!!!!
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After tomorrow, it will likely be deemed "anti-British" to mention the plummeting exchange rate. Lol.
It is not too late, take action now. |
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The £ has just hit bottom:
If you can get into companies that sell in sterlings tomorrow then do so as the £ is going up from here. We are staying in the Single Market -T May will do a speech tomorrow which can be interpreted more ways than the astrology page of the Mail -A couple of weeks later the Supreme Court will tell her Parliament decides -The SNP will tell T May to stay in the Single Market, again, as will the heads of Norway, Iceland and Switzerland ( sensible people the Swiss, though technically not in the EEA ) -Article 50 gets triggered, and on Day 1, we learn there is no negotiation on free movement, none at all -We tell the Irish we want to keep free movement with them. They reply, that's nice, but tell it to the sprouts in Brussels because Ireland isn't a sovereign nation on that. It's all or none. -T May capitulates under pressure of it all, says feck it, and either goes to the polls or calls a referendum on Single Market membership Around 56% of the population endorse Single Market membership based on current polling. Come the end of 2017 the £ is back to around the $1.30 level, at least. Imv, of course. |
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The last post seems a long way off now. I never thought that the Brexit vote would cause a flight of capital but a potential Corbyn Government certainly will. If a deal with the DUP is not done by Wednesday I will a be a seller of shares. If I was running an international company I would be pricing in the possibility of 26% corporation tax within 2 years, higher employment taxes, Union problems etc and start planning a move to another country asap.
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$1.26
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Sub E1.11
Brexit really is economic poison. |
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Did you move your money to Greece or Italy united?
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