1 British Pound = 2.01 U.S. Dollars - 2 For 1 Plasma Screens! Cheap New York Hotels!

Quote from Ivanovich:

Agree, COT is way over balanced.

Let the Brits come buy everything here. I think it's great! Spend spend spend!

No way.


I wanted to go to London this summer, but Bernanke and Paulson are taking it out of my hide!!!!!!!!

I want the USD to = 2 pound sterling by June.

Make it happen, fed reserve. No $8 Big Macs under Big Ben for me.
 
Quote from indahook:

The funny thing is the less astute among us believe the US gov has had no play in this move...and that they would let it get ugly.

Trade imbalance says what?

Exactly! :cool:
 
Quote from indahook:

The funny thing is the less astute among us believe the US gov has had no play in this move...and that they would let it get ugly.

Trade imbalance says what?

Don't forgot about all those IOUs held by U.S. Treasury Note lovers! They're withering away.
 
what i find amazing is how everyone things oh my god all the shoppers coming to america to buy. america has more tourists than all europe combined. what about the 10's of millions of people who won't go to europe? its a wash out
 
I still am holding on to my £'s because the exchange would not accept them, so I will wait until a better rate comes forth and then exchange the notes when I deem most profitable.

Staying away from the bucket shops,
Akuma
 
Quote from brandon12:

what i find amazing is how everyone things oh my god all the shoppers coming to america to buy. america has more tourists than all europe combined. what about the 10's of millions of people who won't go to europe? its a wash out

The brits and europeans can buy online, too, though.

Shipping expenses from online retailers, even international rates, aren't bad when you're purchasing a 50" Plasma for 50% of what an American is paying for it.
 
Quote from brandon12:

what i find amazing is how everyone things oh my god all the shoppers coming to america to buy. america has more tourists than all europe combined. what about the 10's of millions of people who won't go to europe? its a wash out

What are you talking about? Who here said "oh my God all the shoppers coming to America to buy"?
 
if you work near a bank sales desk you'll know that every man and his dog bought dollars today from 2.012 down to 2.005 more so UK clients than Euro based.

no better time to be an estate agent in Florida.

it's the yen we europeans have to worry about - at least there's a reason for a weak dollar.
 
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