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Explain this??
http://www.taxi-driver.co.uk/phpBB2/viewtopic.php?f=22&t=29427		 Page 1 of 1
Author:  Nidge2 [ Fri Jul 01, 2016 6:56 pm ]
Post subject:  Explain this??
1 Week After the BREXIT Vote, the British FTSE 250 Index has just closed at one of its highest levels since 2011 (5 YEARS!)

The FTSE 100 has also closed at its highest level in almost 1 year. (Corrected) We were told it would drop to 2008 recession levels.

The scare tactics didn't work did they?
Author:  skippy41 [ Fri Jul 01, 2016 7:14 pm ]
Post subject:  Re: Explain this??
Nidge2 wrote:
1 Week After the BREXIT Vote, the British FTSE 250 Index has just closed at one of its highest levels since 2011 (5 YEARS!)

The FTSE 100 has also closed at its highest level in almost 1 year. (Corrected) We were told it would drop to 2008 recession levels.

The scare tactics didn't work did they?


Just need the euro exchange to get better, my daughters wedding next June in Ibiza :roll:
Author:  cabby john [ Fri Jul 01, 2016 7:52 pm ]
Post subject:  Re: Explain this??
Nidge2 wrote:
1 Week After the BREXIT Vote, the British FTSE 250 Index has just closed at one of its highest levels since 2011 (5 YEARS!)

The FTSE 100 has also closed at its highest level in almost 1 year. (Corrected) We were told it would drop to 2008 recession levels.

The scare tactics didn't work did they?


We don't do "FEAR" :D
Author:  grandad [ Fri Jul 01, 2016 8:41 pm ]
Post subject:  Re: Explain this??
Nidge2 wrote:
1 Week After the BREXIT Vote, the British FTSE 250 Index has just closed at one of its highest levels since 2011 (5 YEARS!)

The FTSE 100 has also closed at its highest level in almost 1 year. (Corrected) We were told it would drop to 2008 recession levels.

The scare tactics didn't work did they?

I think it has a lot to do with the quantitative easing by the Bank of England. Mark Carney managed to say all the right things for the markets. Have you looked at the exchange rates this week? Last week the euro rate was 1.30 to the pound. Today it is 1.16 to the pound.Down from 1.18 yesterday.
Author:  Sussex [ Fri Jul 01, 2016 9:02 pm ]
Post subject:  Re: Explain this??
Nidge2 wrote:
1 Week After the BREXIT Vote, the British FTSE 250 Index has just closed at one of its highest levels since 2011 (5 YEARS!)

The FTSE 100 has also closed at its highest level in almost 1 year. (Corrected) We were told it would drop to 2008 recession levels.

The scare tactics didn't work did they?

I agree.

The world didn't end on the 24th June, in fact it got a lot more brighter. \:D/
Author:  Nidge2 [ Sat Jul 02, 2016 7:08 am ]
Post subject:  Re: Explain this??
grandad wrote:
Nidge2 wrote:
1 Week After the BREXIT Vote, the British FTSE 250 Index has just closed at one of its highest levels since 2011 (5 YEARS!)

The FTSE 100 has also closed at its highest level in almost 1 year. (Corrected) We were told it would drop to 2008 recession levels.

The scare tactics didn't work did they?

I think it has a lot to do with the quantitative easing by the Bank of England. Mark Carney managed to say all the right things for the markets. Have you looked at the exchange rates this week? Last week the euro rate was 1.30 to the pound. Today it is 1.16 to the pound.Down from 1.18 yesterday.


That was long Sterling that was down, the banks bought long sterling just before Brexit because they thought we were going to remain in the EU. They have to much and they can't get rid of it. Banks cause problems for the second time hey?
Author:  grandad [ Sat Jul 02, 2016 7:14 am ]
Post subject:  Re: Explain this??
Nidge2 wrote:

That was long Sterling that was down, the banks bought long sterling just before Brexit because they thought we were going to remain in the EU. They have to much and they can't get rid of it. Banks cause problems for the second time hey?

Rubbish.
Author:  wannabeeahack [ Sat Jul 02, 2016 10:06 am ]
Post subject:  Re: Explain this??
skippy41 wrote:
Nidge2 wrote:
1 Week After the BREXIT Vote, the British FTSE 250 Index has just closed at one of its highest levels since 2011 (5 YEARS!)

The FTSE 100 has also closed at its highest level in almost 1 year. (Corrected) We were told it would drop to 2008 recession levels.

The scare tactics didn't work did they?


Just need the euro exchange to get better, my daughters wedding next June in Ibiza :roll:


why worry, its gonna costa lotto anyway
Author:  wannabeeahack [ Sat Jul 02, 2016 10:07 am ]
Post subject:  Re: Explain this??
"The value of shares may fall or rise"


always been the same
Author:  wannabeeahack [ Sat Jul 02, 2016 10:09 am ]
Post subject:  Re: Explain this??
Gold Price UK in GBP per Ounce
Current Price £1,011.53
Month High £1,011.73
Month Low £836.21

Month Change £+170.89 (+20.33 %)

nice 20% profit in one month
Author:  heathcote [ Sat Jul 02, 2016 10:57 am ]
Post subject:  Re: Explain this??
Nidge2 wrote:
grandad wrote:
Nidge2 wrote:
1 Week After the BREXIT Vote, the British FTSE 250 Index has just closed at one of its highest levels since 2011 (5 YEARS!)

The FTSE 100 has also closed at its highest level in almost 1 year. (Corrected) We were told it would drop to 2008 recession levels.

The scare tactics didn't work did they?

I think it has a lot to do with the quantitative easing by the Bank of England. Mark Carney managed to say all the right things for the markets. Have you looked at the exchange rates this week? Last week the euro rate was 1.30 to the pound. Today it is 1.16 to the pound.Down from 1.18 yesterday.


That was long Sterling that was down, the banks bought long sterling just before Brexit because they thought we were going to remain in the EU. They have to much and they can't get rid of it. Banks cause problems for the second time hey?



It would appear that all politicians and financial advisers love using the words" quantitative easing" to con the public so they think.
But we are not as thick as they think we are,we do know it is another method of devaluing the pound even on a temporary basis,so why not just use plain ENGLISH when they speak to say you are paying to protect bankers and big business again.
Author:  grandad [ Sat Jul 02, 2016 11:21 am ]
Post subject:  Re: Explain this??
heathcote wrote:


It would appear that all politicians and financial advisers love using the words" quantitative easing" to con the public so they think.
But we are not as thick as they think we are,we do know it is another method of devaluing the pound even on a temporary basis,so why not just use plain ENGLISH when they speak to say you are paying to protect bankers and big business again.

It's a good power phrase which means printing money we don't have.
Author:  Nidge2 [ Sat Jul 02, 2016 12:08 pm ]
Post subject:  Re: Explain this??
grandad wrote:
Nidge2 wrote:

That was long Sterling that was down, the banks bought long sterling just before Brexit because they thought we were going to remain in the EU. They have to much and they can't get rid of it. Banks cause problems for the second time hey?

Rubbish.



Do you have proof of this?
Author:  Nidge2 [ Sat Jul 02, 2016 12:19 pm ]
Post subject:  Re: Explain this??
skippy41 wrote:

Just need the euro exchange to get better, my daughters wedding next June in Ibiza :roll:



Ask them for a discount Skip.
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