British pound to crash in 2024????!!!!
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- Опубликовано: 3 май 2024
- This cycle says so.
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You don't need an Oxford degree to understand that if you mindlessly give away money for ten years, encouraging people to go into debt, and then suddenly do the exact opposite, the country will go into disarray.
That's the central bank's idea my friend!
Its already crashed from money printing from lock downs and hand outs
Criminals called politicians of hate for our country
Just as well they have all been rounded up then.
This is what happens when you tax, regulate and suppress your own people, companies and industries to death….
You should move to Monaco then, or maybe somewhere in S America.
@@johntasker3712 or we could fight for a slim, transparent, accountable and representative gov.
We are not their own people.
@@johntasker3712 why should he? Why should government should a gun in every one’s face and order them to hand over half their income. Which is their time. Why should government take half of everyone’s working life?
Slaves kept 25% of their income through house and board. Serfs kept 75% of their income. Modern day workers are somewhere in between.
@@paarker Wow, half? 50% tax? I'm guessing your income is in excess 125K per year; you are a very lucky person. I am happy to pay my 20 percent apart from that which goes to the Royal family and to defense. I live in hope that it is used to support the NHS and generally support the quality of life for all citizens, especially those much less fortunate than myself.
From Alan Greenspan in 1966: “In the absence of the gold standard, there is no way to protect savings from confiscation through inflation.”
If that happens, it could have a significant impact on investment portfolios, especially those with exposure to UK assets.
Absolutely, a currency crash can lead to market volatility and uncertainty, which might shake up investment strategies.
It's crucial to plan ahead and consider diversifying portfolios to mitigate the risks associated with currency fluctuations.
You're not doing anything wrong; the problem is that you don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging conditions.
I agree. Investors should look into assets that are less dependent on the British pound and more resilient to currency shocks
Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.
the British pound was based on 1 pound of silver.
today this is over 3 hundred quid....WTF.!
It wasn’t called “Sterling” for nothing. But now it is.
Wait a bit and that will sound like a bargain.
Good luck trying to buy a pound of silver for £300 😳
@@Moocharoo I was basing the price on spot.
I know physical silver is way more.
Silver is £23 per ounce. There are 16 oz in a pound.
The same people who messed this one up want to foist a CBDC on us. I would rather use plastic buttons.
Of bloody course it's coming, how else can they introduce cbdc?
Cbdc?
Central Bank digital currency @@LonglongMan-pp7uq
@@LonglongMan-pp7uq central bank digital currecy
have you brought the new money yet ? xrp/xlm/hbar ?
@@LonglongMan-pp7uq Central bank digital currency
We have. Just given 3 billion to Ukraine, the printing machine is pumping out more.
Do you really think that Ukraine is receiving that money? It's being laundered.
@@dominicestelley2168 all their top politicians keep buying up french property, so the money is going somewhere
@@dominicestelley2168 laundering and weapons
They don't give money they give weapons
That is the remnants of our council tax that went into the consolidation fund. Hence we now have Zelensky potholes in the roads.
Prince Charles still stealing dead estates and getting 185 million pounds sickening
King Khan ya mean.
King Chuck da Turd
England is weak. You guys are falling off.
Thats King Charles to you! LOLOLLOL.
King Charles has nothing to do with it.
During his brief tenure as Chancellor, Jeremy Hunt has slashed Capital Gains Tax threshold from £10,000 to £3000 this year, just in time for ever rising inflation, induced largely by the government's own policies and perpetual money printing.
This is how vile the tax of inflation is, and how vile the government is.
Oh yes oh yes. They’re taxing inflation itself!
not just this government...ALL governments.
they all work for the banksters..
Just wait for the taxes coming on unrealised gains.
@@johnnagle7702 I’m afraid I will need that explaining.
@lesleywillis6177 there are steps being taken in the usa and we may well follow to tax you on profits you hold ie shares that you have not sold
I'm convinced they all go to Davos and discuss plans for everyone to devalue in order to slow the race to the bottom. Cycles do exist, every 7 years a minor financial crisis, every 20 a major one, every 120 years a major war.
When you devalue your currency, you devalue your nation, your assets, your economy. I like that truth! Immigrant and emigrant university graduates know that too from very devalued foreign and local currencies respectively.
I don't think gold is a good investment. In 1980, I bought 12 X sovereigns for marginally less than £1000. They're now worth almost £5000. Sounds good until you compare gold with housing.
I bought my first house for £28,000 in 1982. That same house is now worth £500,000.
An even better investment would be to have bought a few Ford Escorts and dry-stored them. Who'd've thought.
Yes I brought gold but don't make money because u have sell to another guy at a cut so physical gold waste of time housing bit coin
@@cryptoguruguy8965 Advantage of gold is that when the isz lamb icke takeover comes, I can secrete some coins where the sun don't shine and get the fork out of here.
House prices cant continue rising at the rate they have done though, can they? Genuine question! Anyway you did well to diversify, I envy everyone who bought housing back then- I was too young and didnt have the funds.
Something to bear in mind is the difference in which you can liquidate your assets, gold sovs compared to a house, you can offload your sovs in a morning, the house you could take months or even years to shift. The UK economy is based on ovewr inflated house prices but that can't go on forever, the generation being priced out of housing might get stroppy about it one day.
Sir, I read your Ford Escorts and raise you my Raleigh Choppers.Yes!
My theory is that all cyclical comparisons of currency will go out the window when the CBDC is launched. Such observations will not have any predictive value. Changing to CBDC will require everybody to convert their existing fiat deposits, and when it comes out in the wash, people will have much less buying power. I.e. the government debt will be inflated away by this operation. It will have a similar but much more powerful effect as the gold confiscation in the USA in the 1930s. All of the western governments are in the same boat and have been coordinating the CBDC move. Even before the 2008 crash, the western governments had lost control of the money supply. Since then, they have been totally reckless, knowing that the debts would never need to be repaid, because it would be magicked away from its middle class citizens. Much of the trillions printed since was channeled to the elites so that they could Hoover up most of the real assets, and otherwise get their financial house in order. That is why the money printing didn’t cause consumer inflation for around 15 years, as it did not affect Main Street. Back in 2008, when Bernanke printed the initial 700 billion, he also said the FED had the tools to mop up when it was appropriate. That tool is the CBDC.
Great sensmaking sir!
"So, what is coming next? How do you protect yourself?"
Fall-out shelter. Water. Pemmican. Glenlivet.
Pemmican, you old sod haha
By Cheese and port
If you don't hold it you don't own it.
Gold and silver, gods money.
Good point.. the market has been crazy lately, a few surprises here and there.. with all the global happenings taking place I think it’s safe to say that a severe global recession is looming..
My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
No doubt making smart plans and setting up diversified investment portfolios is quite essential.
Most people miss it but the secret to living and retiring comfortably is finding a way to make returns while your money works for you. My Dad, as i remember started saving for retirement quite late but I know he was making more than 10k returns from his investments monthly and it was completely passive.
This is amazing, I'm curious, how did he do it? Was it real estate? Or he was a market enthusiastic?
from a personal angle I'm aware continuing to invest in periods of higher volatility is a Smart way to build wealth.
We got really fed up being taxed to death and ripped off for everything in the UK over 20 years ago, so sold up and relocated to Cyprus as UK tax exiles for a much better life all round.
Labour government could easily tank it.
The Tories do not need any more help.
@@thaumaturgeishere331 Wait till labour start printing money and spending it on the least productive members of our society. You know all the non indigenous.
I predict a huge rise in votes for independants and spoiled ballots, the rigged 2 party illusion of choice will still return a red or blue canditate but only becuase the system is rigged to do so.
Yeh but not in 24
Given the last 14 years I think this old hat "Labour no good with money" claptrap is wrong. The Tories - Truss in particular, have taken the concept of tanking to a new and (hopefully unrepeatable) level.
We're doomed!
Also, we're out of coffee
Well said Private Frazer! :D
Sadiq just re-elected Mayor. They never learn.
In group preference is completely normal around the World
@@evolassunglasses4673 Correct, but I would like to add that term is used when applied to any species except humans.
LONDISTAN HAS FALLEN!🙄🙄🇬🇧🇬🇧🇬🇧
Extraordinary isn't it?
We must be overrun with Communists.
London is 56% duskies.
Every country apart from the US seems to be struggling at the moment. I spend quite a lot of time in Germany and it’s no picnic there either!!!
There is a sanctions war against Russia and now China. Government choices and government policy to follow the US.
Have you seen the poverty in the USA?
Have you seen the debt levels in the USA? Saying that they are doing well is like watching a football team that scores 5 goals in a match.The opposition score 8 - but these don't count.To quote Mr Frisby, " What the fiddlesticks ".
Multiple data points show discretionary spending has slumped to zero in the U.S. The music has stopped.
US is tanked
Thankfully some 10 years ago, libertarianism led me to Bitcoin. Afforded me the luxury to never concern myself with the future actions of chancellors and central banks.
You went all in?
@@ewanhill677Hell no, just bought a few BTC well under $1k. Soon stopped stacking when one Bitcoin cost more than an ounce of gold (I was a gold bug back then and that seemed crazy!). Today those are up maybe 60x. And then since 2021 and discovering Saylor's arguments and logic, I now DCA around 50% of my salary.
Ditto, and never sold
@@logann001 non sequitur
"Got to get my name on something"
Dude, you're an internet legend.
As the election results were being announced at the close of voting in the 2019 election I moved all of my savings into gold, paying £1089 per troy ounce. Today, just short of five years later that same gold is £1940 per troy ounce. so my savings look like have given me a return of over 15% per year but in reality it is the value of the Pound that has fallen by that amount
GBP to 1.3 against the USD by the end of this year, you heard it here first
Nial Ferguson thinks that if the Chinese attack Taiwan the dollar will tank, it is very very very difficult to know what will happen next, historians can tell you reasons why something has happened but ask them what will happen next and they are stumped, I should know I spent 4 years at university reading history, most academics don’t have a scoobey, and that applies to financial commentators. Good luck with the crystal ball.
China invades Taiwan after or whilst selling their billions in treasuries.
Collapse the USD, avoid worst of sanctions.
That may well be so but if the Dollar tanks, Chinese holdings will devalue by the same.
@@piglex1 How does that help an investor?
@@piglex1I read that China is to ditch the dollar and get on with the planned BRICS currency.
Nial Ferguson supports American Hegemony so no surprise about he’s beliefs
Hi Dominic, it was good to meet you in Bedford. Looks like you're somewhere a bit more tropical now :) I have a roof over my head, 3 months expenses and the rest in Bitcoin. So I'm pretty much in agreement.
Nobody could rescue the Con servative party. Stopped the MONTHLY inflation rate? What about the cumulative monthly inflation figure increasing so many retail goods by 100% like toilet paper, sugar, cement..... Have salaries and pensions increased by 100%?
A general election and a government the market distrust, could easily be the catalyst for a collapsing pound. We should not forget in the 1920s the pound was the world currency to day the pound accounts for only 4.84% of the world currency reserve. From this we can conclude it's not what we think the pound is worth it is what others think the pound is worth dictates the price we have to pay for imported goods including fuel. If or when the pound tanks up will go inflation but perhaps it won't be inflation but hypo inflation.
At last someone has made a statement that the bank of england were involved in kwasi Kwarteng and Truss budget fiasco. The bank of England allowed it to happen to get rid of Truss and put the globalist candidate Rishi in.
We sold our soul to Wall Street in 1914. Few see it.
The current value of Sterling is already on the floor. If there's a crash in the offing, then it bodes bad for inflation and hence the already low standard of living.
The inflation we shipped abroad due to Neo Con Economic Policies is on the rebound
The pound had a 4 year cycle low in September 2022 (coinciding with the LDI for which Truss took the blame) so we are not due another one until 2026. I think the Yen has more problems at the moment.
8 Fibinocci year cycle..also 40 year from 1984-85. I expect a massive crash worldwide. You are absolutely correct
It baffles me that the pound is still stronger than the USD. Insanity
Check out the disparity in wages though. You can earn $170k (£135k) a year as a UPS driver in the USA. Go on holiday to the US it's no longer cheap when you're earning terrible UK wages.
@@m_b4nonsense
City of London and it's connections
The dollar is crap too
Far too many variables in the mix to predict what is going to happen.
That is true. I think all you can do is diversify into multiple asset classes and have index-linked income...
We pay £10b a month just in interest on the debt we owe. Straight to the private banking system not a penny off the principal.
But we print £10 billion every month to pay it.
"They"have to bring us to our knees so that we will accept their recovery plan and we all know what that entails.
i love your channel, thanks for the hard work!
So true. Words of wisdom.
He hasn't presented any reasons why the £ will drop significantly and is seeing patterns that don't exist.
If anything the Truss debacle gave the UK a wake up call and the UK is ahead of other countries in restoring fiscal disclipline.
Genuine question. Could a massively low turn out at the UK general election be a trigger whatever the actual result.
Interesting question. I think it's more likely there will be a period of uncertainty while people try and figure out if Labour can F things up even more than the Tories. I think Labour will be a case of "Yes We Can!". I actually think the turnout will be good though. :)
I think labour is going to be more conservative than the conservatives ( How could they be less) as a counter signal same as last time.
@@chrisfish957 would not surprise me! It's quite interesting looking at the Labour shadow cabinet, their net worth, education etc. Good sprinkling of Oxbridge PPEs there. They are more or less all tories! LOL. I believe Keir Starmer's net worth is in excess of 10M if you include his plot of land in Surrey. And as we all know, turkeys don't vote for Christmas, so I think the very rich will be OK if they've got their shit together (which they have). p.s. quite interesting to search for a politician's name and then Financial Discosures. Try "Angela Rayner Financial Disclosures" for example... ;) Always worth remembering "Do as they do, and not as they say"...
Once a Labour government have been in power for 18 months or so, I'd put money on even bigger debts, massive overspending and the pound on the brink.
Inevitable. I think Labour has a track record on this - they've always had a "tax and spend" mindset, and reading about their (vague) proposals for actual solutions it looks like more of the same. There are no genuine workable proposals for wealth creation - it's variations on tax and spend really. Tories are no different. Governments are addicted to printing money. I expect asset price inflation, higher debts, and general mayhem in the not too distant future! Batten down the hatches guys!
@@CaldonianDude hatches already battened down here! Cleared all debt including mortgage back in spring 2023 and I follow a very frugal operation at my 🏡 home.
Would hate to be saddled with big debts now with all this turmoil going on.
Why on earth would that be?? Labour doing worse....worse is now!
@@janetmalcolm6191 usually when labour take over from a Tory regime they are left with sound economics & a healthy balance sheet (1997 as example) - this time things are very different & there is no way that Labour will turn the situation around.
Even if Labour don't turn things around the things that they value are better than Tories anyday. It wouldn't be quick only a fool would think that. Tories don't even seem to think laws etc even matter. Getting rid of laws at work for instance is one. They used to say Labour is not fiscal then dig such a big whole Britain had nearly fallen through it! Moaning about benefits costing them loads then giving out money in the next breath. What the heck are they on?? Never seen such a shower and no party perfect. We just cannot continue in the fact they refuse to see their faults. Now that is a big FAULT!!
Great to see you again Dominic, and thank you for the content. It is a lot more productive to watch these videos, than read through your news letters of past.
All currencies are insolvent. Strange you never get to the root of the fiat debt problem.. central banks and who controls the money supply. Look up Richard Werners work
Somebody mentions the collapsing Fiat and I think of a 1970s Fiat 127 with rusty sills.
@@raypurchase801 just about sums up our monetary system, travesty is you're still borrowing to buy this junk
@@rinkydinky78 I've just returned from a lovely scenic drive in my '69 Alfa Romeo.
It was raining.
An hour from now, all that'll remain is a rust-coloured puddle and four rubber tyres.
1960s / 1970s Italian cars. Sometimes there's a reason for stereotypes.
@@raypurchase801 I'm afraid being an Alfa enthusiast and debt slave isn't a great analogy
@@rinkydinky78 Investing in something which devalues and falls to pieces - Same with the £, a 1970s Fiat or a 1960s Alfa.
It's better being solvent than insolvent, but soluble rusty cars can be a poor investment.
Thank you D.
This happen only when central banks around the world print money excessively and keep interest rates low for too long, this money has to go somewhere. It can end up in housing bubbles, cryptocurrency scams, political corruption, wars, the pockets of sports stars and CEOs, and in the hands of people who use it to overconsume resources. People also feel entitled to overconsume, leading to the depletion of natural/local resources and common goods
👍
Great video Dom, but what if you own mining stocks in gold and silver, should we hold it in another currency or doesn't it matter because all fiat currencies are going to crash?
Thanks for that vaccine company tip. 20% in a few days. Nice timing.
Deindustrialised Economies while shipping your inflationary burden abroad is about to rebound on us
Dominic , do you think it will fall against the Euro.
Asking because I’m moving home for the crash and my knees are knocking:)
Domonic surely you dont believe that reducing the tax rate from 45% to 40% caused the collapse of sterling?
What happens when a currency collapses? I think the gold price in Yen is a good clue.
Very interesting. So, you are saying it could be good to go into JPY ????
I tried to leave a light-hearted comment, referencing the Isles of Scilly and your wife Gary. It seems to have been instantly memory-holed. What times we live in, eh?
The last time pound dropped. I kept buying and made £27K during the bull run. Im already shorting.
Are there any other currencies that are correlated with the British pound? For example the Aussie dollar or New Zealand dollar, that follow the same dips and rebounds in purchasing power
Tell you whats gonna happen quickly.
Ports are slow, food is expensive
Farms all growing flowers not food
Crash the £
Implement CBDC to SAVE US!
social credit score
Carbon tax
No vehicular ownership
Yey ❤❤❤
Perhaps my understanding is too simplistic but shouldn't 'quantitative tightening' cause the currency to appreciate due to a diminished supply? If there is a corollary drop in demand I don't know why?
Three hundred trillion dollars. That is the record debt which global governments, households, financial corporates and nonfinancial corporates owed in June 2022, as estimated by the Institute of International Finance. The $300 trillion is equivalent to 349% of global gross domestic product, 26% higher than the pre-GFC figure of 278% (June 2007, see chart 1). The $300 trillion works out to $37,500 of debt for every person in the world, compared to a GDP per capita of just $12,000.
This makes my head hurt, WHO is it owed to?
One of Martin Armstrongs major cycles is 8.5 yrs, going back to Roman times!
What will be the effect on all fiat currencies with the effect of BRICS?
Thanks buddy
Good stuff again. The relative rate of decline of different fiat currencies is interesting. From outside, a cheap pound would make U.K. real estate more affordable in say, dollar terms. Of course, it will become even more affordable in gold or Bitcoin..
I think there is risk with the BoE cutting rates earlier than the FED. GBP is holding some ground right now because rates are good, 5.25%. However, with sticky inflation and good growth across the pond and poor growth and falling inflation here in the UK, the BoE may cut soon, with the FED holding tight, creating a spread that turns off appetite for the GBP and gilts.
Also, we have companies leaving London to list the USA. So international investors really won't have any reason to buy the pound at all.
Labour? Who knows what they'll do. Probably more unfunded promises that'll spook the OBR and credit rating agencies. Another debt rating downgrade or two.
It looks like you are in my garden Dominic!
Super video.
The Khan election in London absolutely guarantees a Labour win in 2024.
Disaster looms.
Prosperity for UK taxpayers is about to vapourise.
prosperity? 14 years? where have you been living ??
Printing money is inflating the money supply debasing the real currency value. It will always lead to inflation.
You measure fiat currency against stable assets i.e. gold even though the gold price is "fixed". Measuring one fiat currency against another is like being on a sinking ship but you think you are ok because another ship is sinking faster. Bitcoin is as tangible as unicorn farts so is a worthless token.
It was all going sow well………then you mentioned gold and bitcoin…..so sad!
People need to take emotions out of investing
Will it make the price of a pint any cheaper?
When was this mythical world leader time for Britain. It certainly was not for the vast majority of the population. Being proud of the pink bits on the world map is schoolboy stuff. Especially if your roll is to perish on some hillside in Afghanistan, the Crimea or South Africa. Or you lived in some damp room and kitchen. Voting for all did not arrive till 1922. The attitude by government and business to the smoking industry or mad cow disease is still the same as their attitude to the Water industries now. Compare Norway’s Oil Fund 1.626 trillion dollars and Britian’s $0. So, its policy and devaluations are a symptom of continual bad policy.
I'd say Britain was the World leader from 1830 til 1920.
@@stephfoxwell4620 Britain’s ruling elite and the countries standing in the world was already being question and overtaken by the 1870’s with the drop in agricultural land prices at home and the cheaper crops from the America’s. The Wars in South Africa were denting the military image and the Great Famine in India 1876-1878 and Irish Famine of 1879 its capability to rule.
@@user-fq4sy9cc2o 1923 .
Washington Naval Treaty.
US navy gained parity with the Royal Navy.
@@stephfoxwell4620 The point I have been making is the world changes and good governments recognise this fact. Britain’s attitude to the loss of empire, North Sea Oil, devolution and the European Union etc. Are always the same, its always harking back to the rose tinted past, it’s so busy clinging on. That it makes very little plans for the future and any they do, is to recapture past glories as they see them, not to make life better for the population.
@@user-fq4sy9cc2o The British people are the most progressive ,grounded, tolerant people on Earth.
It's just our Governments are vacuous, venal, greedy cowards.
This is nothing new as the hole financial system is designed to lose value. The hard part is knowing what to put your money in to to protect your self.
But how can you use gold to buy your weekly shop?!!
It's very hard to predict what will happen to Sterling in the coming months. You may be right in your analysis and the £ could go back to near parity with the dollar or even go below that. Having said that, the US dollar index (DXY) is still above 100, which indicates that the US dollar is still very strong. During the GFC back in 2008 it plunged to the low 70s.
One point not mentioned in the video is the vote to leave the EU back in 2016. This has been very damaging for the UK economy and for Sterling, which has still not recovered to pre-Brexit levels and may never. Who knows?
Great stuff. But really - what makes a bloke get on a plane to escape yet another still-born English spring, land somewhere as nice as that, slip into the new polo shirt and................and do some work?
Looks a lovely place. Enjoy.
Banking is our number one sector. We signed up for this. 😂
Friend of mine went to Thailand a couple of weeks ago where the British £ isn't welcomed they want the Euro or the Dollar! joke is they're all going down the swannie ..
Oh brilliant..... load up on the new BRICS currency
1 min - Devaluing the currency by money printing actually increases the value of assets.
Well once the government engaged with guantitve easing (ie printing money) the writing was on the wall !
Sounds like a lovely holiday next to Heathrow airport.
Even for astrology this doesnt hold. 2 lows post 2016 ignored already to fit the narrative.
What do you think about Gary Stevenson's assertion that inequality is the cause of the economic problems - cause not just effect? Need a wealth tax, eg 1% for people with £10m or more, otherwise they perpetually get richer and bid up price of assets eg property. Middle class get poorer ongoing
All currencies are depreciating which is why Gold has gone up so much recently. It is more likely the USD will be the currency to decline most, with the debt they've accrued. USD index to 80 anyone? And then an almighty financial and economic crash that sees a flight to safety (USD index 130+ anyone?)....I see 1.50 Sterling to USD before I see sub 1.20 again....but it's all guesswork in this crazy fucked-up world.
gosh a lot has been going on in the finance arena in the last 2 months... I wonder what the underlying moves will be. Just my opinion I can't see GBP or USD weakening but I really do not know but am sure some people do know.
It’s bigger than you can possibly imagine.
I fully accept the idea of holding Bitcoin; however, the UK tax of 40% on all gains is mathematically challenging any form of profit; or am I missing the point.
CGT is 20% in the UK
But best is to leave the UK permanently and move somewhere with no CGT before realizing major "gains". It's just a shame that British dependencies suffer housing and cost-of-living crises even worse than the UK...
If the pound hits a low, it will make my crypto cashout so much sweeter in the next 12-16 months.
yeah good luck with that mate...
Don’t let Sunak or Starmer steal 20% either way.
@@DiscoDrew Why not? surely you are the sort of honest citizen who pays their tax, aren't you?
I hear so much hype about Crypto, but I have yet to meet anyone who has cashed out. Its worth what they will give you, not what they say they will give you.
Which is £50,500🤷 per bitcoin 🤸
Isn't there a lot of risk with bitcoin ?
gold is the future
No, Bitcoin is
Gold is the past. You're losing if you're converting your wealth in gold. Go bitcoin
Commodities!!
Bitcoin*
I'd bet a gold coin my S&P500 index fund will outperform both gold and Bitcoin over the next ten years! ;)
GBP already made a low by Liz Truzz
Life is cyclical,ask Martin Armstrong,he knows,as in another way does Thomas Sheridan
Gold will be up in GBP then?
So i'm alright jack.
I've always been a disgrace and have thought about changing my name since birth - I thought if we'd had the euro ( A&E calling?) I could've saved the deed poll cash.
Nice shirt!
I find your information quite strange. Historically Bitcoin and gold have an inverse correlation. Same as a rising dollar is inversely correlated with Bitcoin. A falling pound would indicate a flight to the dollar and falling gold and bitcoin prices.
Versus gold, probably yes, but look how bad other currencies are. It's a race to the bottom.