JB300
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Posts posted by JB300
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Funny enough, your post reminds me of what my parents used to say when I was young.Words cannot express my Fear and Loathing of what has happened ... <snip pages of useless drivel> ... Be very afraid...
Yes, this is the attitude of the "progressives" everywhere. We know what's best for you. We are nobler and wiser than you. So just shut up and do what you're told. If you disagree with us you are backward and stupid. You, the Great Unwashed, don't know what's good for you. Do you watch Fox News/read the Daily Mail? Leave everything to us. If you blockheads weren't so dim and brainwashed, you'd agree with us, The Anointed.
Well, the self-styled Anointed just got a mighty kick in the balls. And I hope it hurt.
Obviously being older & wiser I know they're now wrong, but they were right for the 1st 3rd of my life so I tend to listen to their opinion even now.
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No, the Chancellor made policy on the basis of 2.5% and he in reality he met his targets in real terms, but you probably wouldn't understand that - here, rad this: http://www.publicfinance.co.uk/news/2016/03/osborne-misses-two-fiscal-targets-obr-reveals
As for GBP/THB, I sent you the link if only you'd open it, the average rate across al banks in Thailand right now is 48.07 but since it's Friday dealers will be squaring their positions so not truly representative. And again, because I seem to have tell you the same things several times before you understand, BOE is supporting Sterling in the markets hence you'll probably have to wait for a week or more for the dust to truly settle.
BOE is supporting Sterling in the markets
Coincidentally, I mentioned the same thing in another thread. Personally I wouldn't mind if this was the case and that the BOE subsequently lets the pound slide gradually on it's own accord. I can then buy back some of what I sold and average out my position.
www.xe.com seems to have gone into meltdown (not been able to get an updated price since 2pm) but managed to get an effective rate of 1.922 SGD to 1GBP (includes fees both sides) for same day transfer Citi-Barclays so not too bad.
Haha, yes, I mentioned also in another post that Xe.com's servers must be struggling to cope. The website itself is not down, it's just it's currency functions.
I transferred some GBP to HKD just before close of business (Hkg time) yesterday via HSBC. Because the accounts are linked, the transfers were instantaneous and also free of fees. So on the one hand, I made a small profit on what I transferred but on the other, lost on what I left behind in the UK.
You could do a lot worse than to look at the UOB Thai exchange rate on: https://daytodaydata.net/
Historically they have proved very accurate and forward looking in situations such as these.
Unfortunately I'm a bit "Captive" (cash sat in an SG Citi account & needs to be in an UK Barclays account by Tuesday/Wednesday)
Last time it cost me £500 to move £15,000 but I'd be the last person to complain about how that worked out, so hoping for the same [emoji1303]
I transferred a similar amount, HSBC UK to HSBC HKG and didn't have to pay any charges. Not sure about the exchange rate though
It's the Exchange rate that kills you, charges were £10 of the £500
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Given it was a vote to leave the UK & move more towards the EU I'd guess that a "UK Out" makes it even more unlikely.
Yes, last time you checked the UK was still "IN"Last time I checked, NI rejected joining ROI so if they do want to stay in the EU, I suspect they'll want to do it on their own 2 feet rather than an Ireland reunification.
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No, the Chancellor made policy on the basis of 2.5% and he in reality he met his targets in real terms, but you probably wouldn't understand that - here, rad this: http://www.publicfinance.co.uk/news/2016/03/osborne-misses-two-fiscal-targets-obr-reveals
As for GBP/THB, I sent you the link if only you'd open it, the average rate across al banks in Thailand right now is 48.07 but since it's Friday dealers will be squaring their positions so not truly representative. And again, because I seem to have tell you the same things several times before you understand, BOE is supporting Sterling in the markets hence you'll probably have to wait for a week or more for the dust to truly settle.
BOE is supporting Sterling in the markets
Coincidentally, I mentioned the same thing in another thread. Personally I wouldn't mind if this was the case and that the BOE subsequently lets the pound slide gradually on it's own accord. I can then buy back some of what I sold and average out my position.
www.xe.com seems to have gone into meltdown (not been able to get an updated price since 2pm) but managed to get an effective rate of 1.922 SGD to 1GBP (includes fees both sides) for same day transfer Citi-Barclays so not too bad.
Haha, yes, I mentioned also in another post that Xe.com's servers must be struggling to cope. The website itself is not down, it's just it's currency functions.
I transferred some GBP to HKD just before close of business (Hkg time) yesterday via HSBC. Because the accounts are linked, the transfers were instantaneous and also free of fees. So on the one hand, I made a small profit on what I transferred but on the other, lost on what I left behind in the UK.
You could do a lot worse than to look at the UOB Thai exchange rate on: https://daytodaydata.net/
Historically they have proved very accurate and forward looking in situations such as these.
Unfortunately I'm a bit "Captive" (cash sat in an SG Citi account & needs to be in an UK Barclays account by Tuesday/Wednesday)
Last time it cost me £500 to move £15,000 but I'd be the last person to complain about how that worked out, so hoping for the same [emoji1303]
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Northern Ireland it's already on the way out from Britain, the same it's true for Scotland which made no mystery of their wish to remain part of the EU, even London want to leave England now!
Last time I checked, NI rejected joining ROI so if they do want to stay in the EU, I suspect they'll want to do it on their own 2 feet rather than an Ireland reunification.
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Donald Trump'et whilst making a speech about the UK Brexit vote result from a golf course in Scotland made a reference to being in Florida. How stupid is this man when he isn't aware of what country or continent he's currently in.
About as stupid as Fox...
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If that's the message you took from my post then obviously it didn't come across as intended.
Thankfully, there are still people who don't value their freedom in dollars and cents...or pounds and pence.What comes next is a mountain of laws to review/revive, dozens of trade agreements to be negotiated, at least 2 years in limbo (part of the EU but no say on its policies)
But turmoil in the markets is always a good opportunity to make some £££s so I'm sure the Bankers/Traders PNW will increase because of it, meanwhile the people who voted for it will find theirs goes down (for the 'foreseeable future.
As one poster has said, if you're happy to give up 30% of your PNW it's a good day, if you're a struggling retiree it may not be so good
It was meant to be a comment on the issues that the UK now faces & the fact that the majority of the pain will be felt by the people who voted to Leave (tended to be the less affluent areas) rather than the ones who wanted to Remain.
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No, the Chancellor made policy on the basis of 2.5% and he in reality he met his targets in real terms, but you probably wouldn't understand that - here, rad this: http://www.publicfinance.co.uk/news/2016/03/osborne-misses-two-fiscal-targets-obr-reveals
As for GBP/THB, I sent you the link if only you'd open it, the average rate across al banks in Thailand right now is 48.07 but since it's Friday dealers will be squaring their positions so not truly representative. And again, because I seem to have tell you the same things several times before you understand, BOE is supporting Sterling in the markets hence you'll probably have to wait for a week or more for the dust to truly settle.
BOE is supporting Sterling in the markets
Coincidentally, I mentioned the same thing in another thread. Personally I wouldn't mind if this was the case and that the BOE subsequently lets the pound slide gradually on it's own accord. I can then buy back some of what I sold and average out my position.
www.xe.com seems to have gone into meltdown (not been able to get an updated price since 2pm) but managed to get an effective rate of 1.922 SGD to 1GBP (includes fees both sides) for same day transfer Citi-Barclays so not too bad.
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Has Nige said what he's going to spend his winnings on???
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What comes next is a mountain of laws to review/revive, dozens of trade agreements to be negotiated, at least 2 years in limbo (part of the EU but no say on its policies)
But turmoil in the markets is always a good opportunity to make some £££s so I'm sure the Bankers/Traders PNW will increase because of it, meanwhile the people who voted for it will find theirs goes down (for the 'foreseeable future.
As one poster has said, if you're happy to give up 30% of your PNW it's a good day, if you're a struggling retiree it may not be so good
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He has gone. Can't say I will be crying any tears over my celebrations tonight. Next Osborne!Cameron announces he will resign as prime minister before the autumn
Where are the dancing and party smileys.
Dancing and party smileys would be childish. In my eyes he had no option, it appears that he also accepted that and acted accordingly.
I take pleasure in the absence of a few extremely nasty posters from the thread, who are probably hiding their heads in shame.
On the bright side £ - Baht is now 1 - 52.04
48.20 from Super Ric ( which usually have better rates than most)...
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They wouldnt dare...democracy has spokenIf we are going to leave the EU (& it is an "IF" as Parliament needs to ratify the decision & as less than 37% (52% of the 72% that voted) of the electorate voted for it, it's under no obligation to do so) then let's hope the EU implodes sooner rather rather than later as that should make negotiating individual trade treaties more urgent for all.
Doubt if parliament has the balls to pull a coup. The people of the UK spoke, politicians better start listening.
Didn't exactly that happen (twice?) in Ireland?
The "Neverendum" they call it...
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If we are going to leave the EU (& it is an "IF" as Parliament needs to ratify the decision & as less than 37% (52% of the 72% that voted) of the electorate voted for it, it's under no obligation to do so) then let's hope the EU implodes sooner rather rather than later as that should make negotiating individual trade treaties more urgent for all.
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We will see, but I doubt it, I have some rope for all the doom and gloom mongers
Just the next 2-20 years (or until the THB takes a battering),
It ain't going to stay like that foreverIts a bit depressing though for those of us living in Thailand, as the exchange rate has gone from 51 (point something) first thing this a.m., to 47 (point something) now.
Not doom & gloom (in fact it presents some good opportunities to make money in the markets) just the way I see it.
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New York times has called it also...
mobile.nytimes.com/2016/06/25/world/europe/britain-brexit-european-union-referendum.html
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It ain't going to stay like that foreverIts a bit depressing though for those of us living in Thailand, as the exchange rate has gone from 51 (point something) first thing this a.m., to 47 (point something) now.
Just the next 2-20 years (or until the THB takes a battering),
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Its a bit depressing though for those of us living in Thailand, as the exchange rate has gone from 51 (point something) first thing this a.m., to 47 (point something) now.
London market's yet to open. Bloodbath.
BoE & US Fed reserve are on standby for damage limitation but it's going to be a rough opening
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Votes are in for Scotland, Every district voted "Remain"
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Talk (rumor) has it that since Scotland seems to lean Remain by a good margin that if the UK votes to exit, then Scotland may want to have another referendum to leave the UK in order to rejoin the EU. Is that true?
Think it's almost a certainty that in the event of Brexit, the Scotts will have a 2nd referendum & probably vote for Sexit (sorry couldn't resist) which would be another blow to the English economy.
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If you think about it, if the vote is Leave then Scotland have done the right thing by overwhelmingly voting for what they want (to stay in the EU) as they couldn't very well vote "Leave" then complain afterwards that they wanted to "Remain" so now want their independence.Looking at the vote there are no surprises with Scotland. Personally I would give them independence but if they are after another referendum then the leave campaign will have just as much claim to another one, with this been so close too. Whatever the outcome the EU and its membership will not end here today.
I think a Leave vote will lead to a 2nd Scottish referendum & the Scottish leaving the Union.
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Leave 250,000 ahead now, wish I could go back to bed
Edit: make that 310,000
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Now less than 8k after 7.5m!!!
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Less than 33k votes difference after 6.87Million cast... Incredibly close!!!
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Really is too close to call
Now that Britain has voted to leave the EU, what comes next?
in World News
Posted
But that equates to the "British People Have Spoken" in your mind? In any other individual-counts-vote scenario (from AGMs to Unions going on strike") you'd need 50% of eligible voter to concur.
So please, don't tell me "The British People have spoken" tell me approx 1/3rd (we can call it less than 40% if it makes you happier) have spoken, but not the majority.