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Sterling in Freefall in Relation to the Euro?

 
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conspiracy analyst
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PostPosted: Mon Jan 14, 2008 11:00 pm    Post subject: Sterling in Freefall in Relation to the Euro? Reply with quote

Its dropped approximately 16% in relation to the Euro yet this is barely mentioned.

The changeover in oil deals from the $ to the Euro inevitably would have an effect on sterling which is a halfway house between the two currencies.

Sterling cannot but in the long run follow the fate of the $

URL=http://allyoucanupload.webshots.com/v/2002344455994889300][/URL]


Last edited by conspiracy analyst on Mon Jan 14, 2008 11:11 pm; edited 1 time in total
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PostPosted: Mon Jan 14, 2008 11:10 pm    Post subject: Reply with quote

Excuse me. The Euro could be interpreted as in freefall to the gbp as far as my interpretation is concerned. Mind you,my maths aint good and I could be misinterpreting. Explain further
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PostPosted: Mon Jan 14, 2008 11:13 pm    Post subject: Reply with quote

paul wright wrote:
Excuse me. The Euro could be interpreted as in freefall to the gbp as far as my interpretation is concerned. Mind you,my maths aint good and I could be misinterpreting. Explain further


In August of last year when the credit crunch exploded you could get approximately for every £1000 you exchanged around Euro 1,500.

Now you get approximately Euro 1,300 ie less Euros. If we are now buying oil in Euros as is widely reported that means we have less money with which to buy it...
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PostPosted: Mon Jan 14, 2008 11:18 pm    Post subject: Reply with quote

What a suprise

How else will Gordons five criteria be met?

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PostPosted: Mon Jan 14, 2008 11:19 pm    Post subject: Reply with quote

paul wright wrote:
Excuse me. The Euro could be interpreted as in freefall to the gbp as far as my interpretation is concerned. Mind you,my maths aint good and I could be misinterpreting. Explain further


The graph is showing that in August you'd need £0.66 to buy €1 but you'd now need £0.75, a drop in value of almost 12% (or an eighth) in the pound.

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PostPosted: Mon Jan 14, 2008 11:26 pm    Post subject: Reply with quote

chek wrote:
paul wright wrote:
Excuse me. The Euro could be interpreted as in freefall to the gbp as far as my interpretation is concerned. Mind you,my maths aint good and I could be misinterpreting. Explain further


The graph is showing that in August you'd need £0.66 to buy €1 but you'd now need £0.75, a drop in value of almost 12% (or an eighth) in the pound.

Oh you mean sterling's being screwed to valueless just like the dollar
What a surprise. I heard today that the value of gold has risen thru the ceiling. Is it too late to buy into?

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PostPosted: Mon Jan 14, 2008 11:33 pm    Post subject: Reply with quote

paul wright wrote:
chek wrote:
paul wright wrote:
Excuse me. The Euro could be interpreted as in freefall to the gbp as far as my interpretation is concerned. Mind you,my maths aint good and I could be misinterpreting. Explain further


The graph is showing that in August you'd need £0.66 to buy €1 but you'd now need £0.75, a drop in value of almost 12% (or an eighth) in the pound.

Oh you mean sterling's being screwed to valueless just like the dollar
What a surprise. I heard today that the value of gold has risen thru the ceiling. Is it too late to buy into?


Gold's been on a bit of a see-saw the past few months with no clear trend, according to a friend who deals it on eBay. Silver's on a steadier climb, but you need to be moving lots of it.

All in all things are not looking too peachy in East and West Anglo-Saxony for the citizenry.

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PostPosted: Mon Jan 14, 2008 11:36 pm    Post subject: Reply with quote

Quote:
Is it too late to buy into?

I doubt it. Always a gamble but looks an odds on bet that gold, currently at $900 an ounce, will climb to $2000 within a year. That's because the dollar is being trashed, but the pound (and the Euro) will be dragged down some as well. Buying into gold (and buying food stores!!) has been recommended for a couple of years now by Alex Jones and he has been right so far. Gold has nearly doubled since he urged people to buy it. Silver looks like the bargain at the moment as it has not soared nearly as much but looks set to. If the war spreads into Iran it will all happen sooner but it looks like the collapse of the US economy is a certainty anyway. Very very sad but seems inevitable. Crying or Very sad
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PostPosted: Mon Jan 14, 2008 11:40 pm    Post subject: Reply with quote

Quote:
All in all things are not looking too peachy in East and West Anglo-Saxony for the citizenry
.
Well that's all too frikking obvious. I've got my way of protect. Has anybody got it on the survival and financial scale>

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PostPosted: Mon Jan 14, 2008 11:49 pm    Post subject: Reply with quote

blackcat wrote:
Quote:
Is it too late to buy into?

I doubt it. Always a gamble but looks an odds on bet that gold, currently at $900 an ounce, will climb to $2000 within a year. That's because the dollar is being trashed, but the pound (and the Euro) will be dragged down some as well. Buying into gold (and buying food stores!!) has been recommended for a couple of years now by Alex Jones and he has been right so far. Gold has nearly doubled since he urged people to buy it. Silver looks like the bargain at the moment as it has not soared nearly as much but looks set to. If the war spreads into Iran it will all happen sooner but it looks like the collapse of the US economy is a certainty anyway. Very very sad but seems inevitable. Crying or Very sad

Very sad?
Let all this false nonsense fade away.
I'm just wondering how to make a small amount of capital gain value while the general economies get fukked as is destined to happen

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PostPosted: Tue Jan 15, 2008 1:42 am    Post subject: A silver chart from rodin Reply with quote



Get with the programme

http://goldismoney.info/forums/showthread.php?t=208457

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PostPosted: Tue Jan 15, 2008 2:50 pm    Post subject: Reply with quote

Quote:
Get with the programme


Which programme? And Why?

Those increasing numbers of rich people who have 'retired to gold' have a surprise in store. They would do well to study how difficult it was to move so many tons of this inedible stuff out of Germany and Portugal in 1945. Do you have a friendly submarine available?

Productive land will be of far more use, IMO...

Gold is a great indicator of how nervous and paranoid the plutarchy is becoming and a useful indicator to the rest of us that fiat money is about to go t*ts up.

We'm disenfranchised (thanks Bretton Woods) - get used to it. Grow veggies; defend your plot...

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PostPosted: Tue Jan 15, 2008 3:52 pm    Post subject: Reply with quote

Thermate911 I agree mate Very Happy
I and my pregnant girlfriend are so convinced that the wheels are gonna fall of this crazy train soon that we are in the process of selling up everything we dont need to survive,and at the end of feb will be hitting the road in a camper van to find somewhere nice and quiet to hole up until the dust settles.
London has become so tense in the last few years that I feel a major shock to either the food supply of even the national grid would result in chaos on the streets.
for instance we had a power cut last year for most of one night , before power was restored @ about 1am a group of local boys got organised and set to finding the wealthiest looking houses(lucky I live in a flat!) so they could kick the front door in and steam in 20 handed to grab whatever they wanted now I gather this happened on more than one street and for all the CCTV as far as I am aware no one has ever been charged.
This madness was the result of a localised power outage over maybe 10 streets,The sort of carnage that would ensue from a longer lasting and more widespread power cut is a very scary prospect indeed
Crying or Very sad
These incidents were not picked up by any papers not even the south london press,we only found out from one of the victims who we know mentioning it and adding the police who came talking about other people being raided in the same way on the same night.
I am sure that london is not the only tinderbox city in the UK so my advice is all you city dwellers be ready.

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PostPosted: Tue Jan 15, 2008 8:45 pm    Post subject: Reply with quote

OK I realise the above post is way off topic Embarassed
but the whole banking crash/currency devaluation issue always gets me thinking along the lines of societal implosion!
also the check out lady at the super market this morning span me out by saying she thought everyone was tense and angry because we are nearing the end of the world.....

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PostPosted: Tue Jan 15, 2008 11:00 pm    Post subject: Reply with quote

mr nice wrote:
OK I realise the above post is way off topic Embarassed
but the whole banking crash/currency devaluation issue always gets me thinking along the lines of societal implosion!
also the check out lady at the super market this morning span me out by saying she thought everyone was tense and angry because we are nearing the end of the world.....


To every dark cloud there is a silver lining.
There are too many Tesco metros in too many places.

A collapse of the whole banking system and a meltdown will lead to these shops not existing or people removing the products without paying for them.

Monopolies in every sphere of social life are nearing their end. Banking is just the tip of the iceberg.
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PostPosted: Tue Jan 15, 2008 11:24 pm    Post subject: Reply with quote

mr nice wrote:
we are in the process of selling up everything we dont need to survive,and at the end of feb will be hitting the road in a camper van to find somewhere nice and quiet to hole up until the dust settles.


Way to go! May I recommend somewhere south of Dover? A long way south?

I don't find this off topic in the least. Those who wake up to the fact that cities rely entirely on fragile distribution systems, before they collapse, will be ahead of the curse, so to speak...

conspiracy analyst wrote:
A collapse of the whole banking system and a meltdown will lead to these shops not existing or people removing the products without paying for them.


Er, care to develop that line of thought to the next stage, CA? The week after mass thievery, desperation and SAS on our streets cleans out the shelves and the 'looters'?

Quote:
Monopolies in every sphere of social life are nearing their end. Banking is just the tip of the iceberg.


Indeed but what of the innocent, or at least, the ignorant? What of the old folk? How long do you think the present british armed forces (which includes the police these days) will play nanny to a crumbling social cohesion?

Sorry, perhaps 'Children of Men' affected me more that I thought...

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PostPosted: Wed Jan 16, 2008 12:10 am    Post subject: Reply with quote

It's really sad. In 2003, on returning to Britain from Spain and cashing-in my Euros for Sterling I predicted that Sterling would not only continue to lose its value against the Euro but that it would collapse alongside the Dollar.

Now that is happening.

All those who kept supporting Sterling for emotional reasons should now see the stupidity of their having done so. But they won't. They'll just keep blaming 'Europe' for their own errors.

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PostPosted: Wed Jan 16, 2008 12:17 am    Post subject: Reply with quote



Latest Observations:
Date 2007-08-01 2007-09-01 2007-10-01 2007-11-01 2007-12-01
Value 43.946 40.972 42.239 42.268 27.151

http://research.stlouisfed.org/fred2...?rid=19&soid=1

Extrapolating the rate of decline of 'Non-Borrowed Reserves of Depositary Institutions' we see zero looming this week

2008-01-01
42-27= 15

Doom Chart Soundtrack

http://dissential.com/file_download/...+-+Cra%24h.mp3

Feat. G Edward Griffin

Sorry 'bout the sssssibilance in the word 'crash'. I'll set the de-esser on it before final master

(right click & save mp3)

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PostPosted: Wed Jan 16, 2008 12:21 am    Post subject: Reply with quote

All FIAT currencies (just about) are controlled by the Rothschild cartel. Get with the program. A Rothschild wrote the Protocols of Zion. Based on some stuff by Joly it is true.

They are driving the £ into the Euro and the $ into the Amero. Finally we will have the RFID Globo

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PostPosted: Wed Jan 16, 2008 9:37 am    Post subject: Reply with quote

Quote:
(right click & save mp3)

It won't let me!!!
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PostPosted: Wed Jan 16, 2008 6:52 pm    Post subject: Reply with quote

Quote:
All FIAT currencies (just about) are controlled by the Rothschild cartel. Get with the program. A Rothschild wrote the Protocols of Zion. Based on some stuff by Joly it is true.

They are driving the £ into the Euro and the $ into the Amero. Finally we will have the RFID Globo


Now that's a programme I am conversant with. My advice stands. Get out of the cash/debt economy entirely.

While the Roth's tend their grapes, we tend our veggies...

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PostPosted: Wed Jan 16, 2008 10:06 pm    Post subject: Reply with quote

blackcat wrote:
Quote:
(right click & save mp3)

It won't let me!!!


you're right

I will have a word with my partner about this

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PostPosted: Wed Jan 16, 2008 11:14 pm    Post subject: Reply with quote

Thermate911 wrote:


conspiracy analyst wrote:
A collapse of the whole banking system and a meltdown will lead to these shops not existing or people removing the products without paying for them.


Er, care to develop that line of thought to the next stage, CA? The week after mass thievery, desperation and SAS on our streets cleans out the shelves and the 'looters'?

Quote:
Monopolies in every sphere of social life are nearing their end. Banking is just the tip of the iceberg.


Indeed but what of the innocent, or at least, the ignorant? What of the old folk? How long do you think the present british armed forces (which includes the police these days) will play nanny to a crumbling social cohesion?

Sorry, perhaps 'Children of Men' affected me more that I thought...


The problem with life is that it isn't totally controlled. If it was we wouldn't go on repeating the same mistakes over and over again. But we do.

Monopolies by their very nature destroy both value and eventually their customer base.

If the bankers crash the system and it looks that that is what they are about to do, this will have a knock on effect across the board.

What happens next is anybodys guess.
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