Jim Rogers: Pound May Reach Dollar Parity

Damocles

Damocles

Accedo!
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http://stockpreacher.com/jim-rogers-says-pound-may-approach-dollar-parity/

Jim Rogers says pound may approach dollar parity
February 5, 2009

Jim Rogers, one of the world’s best known investors, said last week that the Great British Pound could fall to near parity with the US$ in coming years given Britain’s increasing debt and lack of economic growth saying that the GBP was “finished” and people should avoid investing in Britain, leading to a retort from Prime Minister Gordon Brown that economic policy would not be influenced by speculators. Sterling weakened against the US$ last wek to near a 23 yr low of US$1.3500. Rogers was a co-founder along George Soros of the Quantum Fund, which made more than US$1B betting against the GBP in early 1990s and now is an independent investor based in Singapore.
 
This is the chap who moved out to the far East saying the US was finished isn't he?

Maybe he's right about the pound, maybe he isn't. What i do know is that speculators like him are fucking parasites. Come the revolution there won't be enough bricklayers to build enough walls to despatch these people along with the entire banking sector, hedge fund managers and parking attendants.
 
charver said:
Who knows. Maybe next year we will be using Euros and you will have adopted the Canadian Dollar.
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Naah I figure we will either be on the Peso or Yuan.


Gigantic treasury auction coming up here, Stay tuned to the home shopping channel.
 
uscitizen said:
I thought it had something to do with ensuring that Haggis and such never crosses the channel.
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No worries about that. I patrol the Scotch border, personally, to ensure no haggis' wander into England by mistake. Filthy animals, the lot of 'em.
 
Darla said:
Charver why do they hate you? I always hear that the French hate the English. Is it because of your freedom?
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It's only pretend hate between us and the French. And the Germans. And everybody else. I suppose i too may take umbrage if i'd been beaten relentlessly by the English in war, century after century after century.

Don't tell anyone but there's a lot to admire about the old Frenchies. There's also a lot not to admire but they will, rightfull, say the same about us.

The Luxemburgers, on the other hand, are wankers.
 
charver said:
It's only pretend hate between us and the French. And the Germans. And everybody else. I suppose i too may take umbrage if i'd been beaten relentlessly by the English in war, century after century after century.

Don't tell anyone but there's a lot to admire about the old Frenchies. There's also a lot not to admire but they will, rightfull, say the same about us.

The Luxemburgers, on the other hand, are wankers.
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And the Dutch, don't forget about the Dutch.
 
charver said:
Who knows. Maybe next year we will be using Euros and you will have adopted the Canadian Dollar.
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r_eagle_lib_20amero_pl.jpg
 
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