Edukator has it spot on. Japan's fate is the fate of the UK and the US.
Buy gold and buy Japanese stocks (they've been down and out so long they are in line for a rally).
There is a lot of money to be made through currency trading. There is also a lot of money to be lost.
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Anyone hoping for the Euro to crash slightly over the Greece problem?
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Posted 2 years ago #
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I'm happy to see the Euro sink as it makes goods produced here more competetive
How so?
Posted 2 years ago # -
Was in Germany last week working, thank god I had to work from morning till night as everything seemed so expensive comparison to over here,mind you the apples seemed very cheap at 3 euro a box, all beer bottles are returnable and sold in plastic crates, so as you might expect there was more than a few fathers with there kids in tow only pushing along beer and apples, don't think we'll ever see that over here.
Posted 2 years ago # -
gold isnt low... what you think everyone in shares bailed out to for the last 18 months ? Gold is high.. hence all those adds for shop your gold in on TV... Its the next bubble to burst...
Posted 2 years ago # -
so as you might expect there was more than a few fathers with there kids in tow only pushing along beer and apples, don't think we'll ever see that over here.
You need to get as much beer in as the missus can carry
Posted 2 years ago # -
That is great uplink, treat them mean keep them keen,love the fact he's got a bottle to quench the thirst he's worked up carrying the brolly
Posted 2 years ago # -
1.11 yesterday 1.15 now
Posted 2 years ago # -
Rich it's still too high
Can't wait for a 1.01 to be fair I could come and visit friend in the UK more often
Posted 2 years ago # -
Last year when I was in Milan it was 1=1 and it ended up being £11 for a half pint and glass of wine, I thought my balls had dropped again
Posted 2 years ago # -
Whatever asset class you choose your investment will only be worth what people are willing and able to pay for it. Some things are a safer bet than others.
If you want an idea of how currency will do long term have a look at the trade surplus/deficit, dependence on imports and sources of revenue - edit: and inflation. For the UK:
1. An ever increasing trade deficit.
2. Increasing dependence on imports.
3. Declining revenues from North Sea oil and gas, banking and finance, pharma and what's left of manufacturing. Those are the things that have kept Britain afloat for the last 20 years.
I have no pound denominated investments whatsoever. To lose my bet the pound will have to get back over €1.50 which I doubt.
Posted 2 years ago #
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