Wednesday, 15 April 2009

Exchange rates :

Exchange rates seem to be getting better.1.5 USD to 1 GBP today at close of trade.

1.13 EUR to 1 GBP today.

Perhaps inflation in the UK isnt as bad as i thought it was.

Gold isnt a safe bet either as it is possible that the US Govt could offload a trillion dollars of gold onto the market therefore reducing its value.

Silver seems to be a safer bet.Smaller returns but its cheaper and attracts less attention from speculators as they all go for gold.

The UK Govt cant do this of course because it was all sold off by New Liebour FuckTards years ago for no other reason than stupidity.

No comments:

Post a Comment