Dumaguete Info Search


UK pound holding it's own (Phew)

Discussion in 'Banking - Investing - Finances' started by Jack Peterson, Jun 4, 2015.

Best Posts in Thread
Page 3 of 3
  1. Cletus

    Cletus DI Forum Adept Showcase Reviewer

    Joined:
    Aug 17, 2014
    Messages:
    390
    Trophy Points:
    176
    Ratings:
    +357 / 107
    The weaker pound should help exports so it could be a positive, at least for exporters and relayed businesses.
    From what I understand the Euro is the one that could completely disappear over time with the Quitxit vote in Italy scheduled for early Dec 4. Some pundits are saying this will be the end of EU, but then again they say that quite often.
     
    Cletus, Nov 1, 2016
    #21
  2. DavyL200

    DavyL200 DI Forum Luminary ★ Global Mod ★ ★ Moderator ★ Highly Rated Poster Showcase Reviewer

    Joined:
    Feb 5, 2011
    Messages:
    3,968
    Trophy Points:
    401
    Ratings:
    +5,126 / 466
    I really hope it is the end of the eu,the sooner the better! For anyone selling up here in the next year will get a great exchange rate going back from peso to the pound.
    The pound has been over valued for years now anyway.
     
    • Informative Informative x 1
    DavyL200, Nov 1, 2016
    #22
  3. Notmyrealname

    Notmyrealname DI Forum Luminary Highly Rated Poster Showcase Reviewer

    Joined:
    Oct 25, 2016
    Messages:
    5,040
    Trophy Points:
    451
    Ratings:
    +5,721 / 2,925
    I agree and am always surprised to see the currency of a failing institution... the EU ... doing relatively so well. It means that when the balloon goes up it will go very high!
     
    Notmyrealname, Nov 1, 2016
    #23
  4. Notmyrealname

    Notmyrealname DI Forum Luminary Highly Rated Poster Showcase Reviewer

    Joined:
    Oct 25, 2016
    Messages:
    5,040
    Trophy Points:
    451
    Ratings:
    +5,721 / 2,925
    So very correct .... even without Brexit the pound was due to fall. The UK is a broken nation. It is very true that assets in Phil will give a good return when sold and converted to sterling BUT who would want to return to the UK ???
     
    Notmyrealname, Nov 1, 2016
    #24
  5. OP
    OP
    Jack Peterson

    Jack Peterson DI Forum Luminary Highly Rated Poster SC Connoisseur Veteran Air Force

    Joined:
    Feb 19, 2010
    Messages:
    9,105
    Trophy Points:
    451
    Ratings:
    +5,247 / 1,090
    Ahh! now there is a question but any one having payments from the UK will loose where as any one that relies solely on Income from the PI will be at an advantage if it falls any Further.
    Some may Rue the Day they say Bye Bye Europe
     
    • Agree Agree x 1
    Jack Peterson, Nov 1, 2016
    #25
  6. OP
    OP
    Jack Peterson

    Jack Peterson DI Forum Luminary Highly Rated Poster SC Connoisseur Veteran Air Force

    Joined:
    Feb 19, 2010
    Messages:
    9,105
    Trophy Points:
    451
    Ratings:
    +5,247 / 1,090
    Today was my Small pension day and it came in at 63.11 via PNB so I am still reasonably happy :greedy::thumbsup:
     
    Jack Peterson, Nov 2, 2016
    #26
  7. Cletus

    Cletus DI Forum Adept Showcase Reviewer

    Joined:
    Aug 17, 2014
    Messages:
    390
    Trophy Points:
    176
    Ratings:
    +357 / 107
    Can anyone say BUBBLE POP?
     
    Cletus, Nov 3, 2016
    #27
Page 3 of 3
Loading...