Pound suffers worst fall in 41 years

[nigel2285]

Originally Posted by Kulapops

There seems to have been some efforts in the last months to influence the dollar value, the paper value of gold falling and the USD index rising when it really should be going the other way.

Perhaps this is a reason why the dollar has an inflated 'high' value currently against the pound. The euro is also tied into the dollar and if the dollar falls, then the euro will too. Perhaps then the pound will have regained it's ground... but I guess by then it will be academic ! If that happens.

I recommend the following for really interesting updates on the financials. I think this guy really has his head screwed on and he seems to write with his heart and a care for people too. It's not just for people with megabucks (his info is free anyway) but he really comments on what's happening and what the government's are doing financially.




http://www.jsmineset.com/

Jim Sinclair maintains that the dollar will trade at .72, .62 and then .52 it's currently in the low eighties.

Thanks for bringing up the currency issue Swanny !

prediction for pound goes even or close to euro uk switches to euro. dollar crashes taking euro with it and then you will see one world currency one world order just a thinking what do you think pound is now 1.21 vs euro