Tradefair & Financials
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26 Jun 16
00:02
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Date Joined:
27 Jan 02
Thank me later.
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Bought a lot of someone's I'll thank you now ps any cheap euros
Yes, I've been doing that, but not all of it though. Transferring mostly to non UK trackers and ETF's.
Might we see all the US money leaving and coming into UK now !!!!!
After tomorrow, it will likely be deemed "anti-British" to mention the plummeting exchange rate. Lol.
It is not too late, take action now.
It is not too late, take action now.
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.
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.
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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