O/T pound

[redhouse]

Yep I was sad enough to do just that.

I dont think I've ever left a game before it was finished.

You wouldn't want to miss something you could have a good moan about would you

[Grist_To_The_Mill]

You wouldn't want to miss something you could have a good moan about would you

Too true, too true, and there was a lot of ammunition on show yesterday for me to fire.

[Silly-miller]

Sorry I missed this... you do realise that this makes the case even further that Brexit caused the pound to lose its value, the implication being it would be higher without the uncertainty of the referendum and the then unimaginable prospect of leaving.

Sorry John you can blame brexit for food prices going up petrol going up and other stuff but the reason pound fell was so Tory’s could force the FTSE 100 to skyrocket which all Tory’s and there backers have shares in.

Also another fun fact you know Tory’s have shares in Royal Mail (you should know this since Cameron and Osborn was bragging about it on tv) anyway from what my dad told me yesterday Tory’s have this new identification scheme going on where you have to register on Royal Mail or another 2 sites that’s owned by Tory’s to prove your a U.K. citizen before you get passports and other stuff so basicly the government is paying themselves in a round about way.

I garentee the pound would shoot up under Labour my guess is it would be 1.42 against doller without Tory scheming

[John2]

Sorry John you can blame brexit for food prices going up petrol going up and other stuff but the reason pound fell was so Tory’s could force the FTSE 100 to skyrocket which all Tory’s and there backers have shares in.

Also another fun fact you know Tory’s have shares in Royal Mail (you should know this since Cameron and Osborn was bragging about it on tv) anyway from what my dad told me yesterday Tory’s have this new identification scheme going on where you have to register on Royal Mail or another 2 sites that’s owned by Tory’s to prove your a U.K. citizen before you get passports and other stuff so basicly the government is paying themselves in a round about way.

I garentee the pound would shoot up under Labour my guess is it would be 1.42 against doller without Tory scheming

This doesn't make any sense. The government doesn't decide the exchange rate. It is determined on the markets by supply and demand. Brexit is what made forex traders want to get rid of their pounds in exchange for other curriencies.

[Silly-miller]

This doesn't make any sense. The government doesn't decide the exchange rate. It is determined on the markets by supply and demand. Brexit is what made forex traders want to get rid of their pounds in exchange for other curriencies.

Actually they can influence it a lot labour did the exact reverse of what Tory’s are doing now under Blair. Labour used the height value of pound to make money on foreign trade markets, while the Tory’s are using the weak pound to make money on ftse. Have you not noticed how ftse 100 has shot up after the brexit vote and at the same time the pound fell dramatically. Also it’s a well known fact that if a group of businessmen all have shares in something and they decide to sell the market price will drop and it can cause a panic to make others sell their shares which causes the price to fall even more then that group of businessmen buy back the shares that they sold making a profit in the process.

Exsample (if a group of businessmen put billions in and sell at 7600 and buy at 7300 can earn a group of businessmen millions every few week or even daily)

Also with the use of media and scare tactics they can influence the market even more by saying words like uncertainty or progress has been made

[John2]

I get that, people make money out of the forex markets in either direction. My point is the wild swing we have seen is caused by a Brexit referendum, not individual politicians. Some MPs may have disingenuously supported Brexit as they would personally gain from a weak pound, but there is no real conspiracy here.

[Silly-miller]

I get that, people make money out of the forex markets in either direction. My point is the wild swing we have seen is caused by a Brexit referendum, not individual politicians. Some MPs may have disingenuously supported Brexit as they would personally gain from a weak pound, but there is no real conspiracy here.

The initial swing was brexit before the vote which was planned by Tory’s then after the vote they go on media and say things to influence that market they bring up key words that plays on brexit.

Even if brexit didn’t happen it would be something else like Scottish independence ref 2 3 4 and 5

[John2]

The initial swing was brexit before the vote which was planned by Tory’s then after the vote they go on media and say things to influence that market they bring up key words that plays on brexit.

Even if brexit didn’t happen it would be something else like Scottish independence ref 2 3 4 and 5

I really think you overestimate the power of individual MPs to influence such a market. Far more influential were things like poll results.

[Silly-miller]

I really think you overestimate the power of individual MPs to influence such a market. Far more influential were things like poll results.

There’s no conspiracy John it’s in plain sight

Ahh that’s where your misunderstanding me john it’s not done by individual MPs it’s done with the consensus of all the Tory party with the key people being Rupert murdoch , Mrs may and the key financial backers of the Tory party.

Putting it simply it’s like you ask your financial advisor to invest in some sure things to make you money they tell you best way and they do it for you with your signed approval. Lots of people do it Lewis Hamilton did it got caught fiddling and sacked his advisor.

Even the queens has a financial advisor

It’s the same with Tory party

Basically it’s all about the money

[millavanilla]

There’s no conspiracy John it’s in plain sight

Ahh that’s where your misunderstanding me john it’s not done by individual MPs it’s done with the consensus of all the Tory party with the key people being Rupert murdoch , Mrs may and the key financial backers of the Tory party.

Putting it simply it’s like you ask your financial advisor to invest in some sure things to make you money they tell you best way and they do it for you with your signed approval. Lots of people do it Lewis Hamilton did it got caught fiddling and sacked his advisor.

Even the queens has a financial advisor

It’s the same with Tory party

Basically it’s all about the money

Sorry ive got no brains on the subject...I personally cant see any/much difference in the quid to be honest...things are still a quid in the pound shop, and perlenbacher is still the same price in lidl..what more do you want !