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kingwilly · 13-08-2008, 10:21 PM

Quote:

Originally Posted by Sir Burr

It hasn't fallen as much as the Aussie dollar against the US$. .97 to .86 in three weeks, or, so.

and thank fuck too!

Butterfly · 13-08-2008, 10:23 PM

The AD is bound to re-adjust also,

the USD is definitely bouncing back, the usual market speculations and over reactions followed by an adjustment to reality until the next cycle of delusions by speculators,

minime · 13-08-2008, 10:31 PM

[quote=bkkandrew;720727]All as predicted here:

Quote:

there is only one way for Sterling to go in the short to medium term - down.

I hope it stays above 60 to a pound, who thinks it will go below? I hope not I get paid in pounds.

bkkandrew · 13-08-2008, 10:36 PM

Quote:

Originally Posted by Butterfly

^^^ you are fucking genius, bkka

even a broken clock got it right twice a day,

Oh - and a reminder of your comment on my predictions and the reasons for them:

Quote:

^ these are small bad news among the storm, nothing major like I said

next,

DrivingForce · 13-08-2008, 10:37 PM

[quote=minime;720759]

Quote:

Originally Posted by bkkandrew

All as predicted here:

Quote:

there is only one way for Sterling to go in the short to medium term - down.

I hope it stays above 60 to a pound, who thinks it will go below? I hope not I get paid in pounds.

Greedy??

Begbie · 13-08-2008, 10:37 PM

62.95

bkkandrew · 13-08-2008, 10:39 PM

[quote=minime;720759]

Quote:

Originally Posted by bkkandrew

All as predicted here:

Quote:

there is only one way for Sterling to go in the short to medium term - down.

I hope it stays above 60 to a pound, who thinks it will go below? I hope not I get paid in pounds.

As I said before, the GBP will follow THB down (coincidence, rather than any link), so the net rate between the two currencies should stay as is +/- 5%...

Thetyim · 13-08-2008, 10:40 PM

COB 13/8/2008
Bangkok Bank TT Rate
GBP = 63.76

bkkandrew · 13-08-2008, 10:47 PM

Quote:

Originally Posted by Begbie

62.95

Yep, the chickens are coming home to roost. Insolvent banks = insolvent country.

Sterling down 2% against THB, over 2% against the YEN, and nearly 2% against Sing Dollar and NZ Dollar. Everything else between 1-1.5%.

I planned this years trading at 60 as a worse-case. Looks like no bunce for me the way things are headed.

Need the THB crash to speed up!

bkkandrew · 13-08-2008, 10:48 PM

Quote:

Originally Posted by Thetyim

COB 13/8/2008
Bangkok Bank TT Rate
GBP = 63.76

That was this morning's rate.

Take a look tomorrow.

Butterfly · 13-08-2008, 10:54 PM

so bkka, I would hate to burst your bubble again and your alarmist predictions, but so far your predictions have been busted

oil gloom, busted
US going down, busted
end of the world, busted
BP going the toilet, probably busted within a few weeks

That's not even 1 out of 2, bkka, maybe if you are lucky, 1 out of 4 if the BP doesn't rebound next month

bkkmadness · 13-08-2008, 11:12 PM

The credit crunch will hit the mia nois hardest.

bkkandrew · 13-08-2008, 11:13 PM

Right, lets deal with you (once more)

Quote:

Originally Posted by Butterfly

oil gloom, busted

No, I pointed out the supply and demand driver to the price of oil. I showed you that the current collapse of the US economy was more than accounting for rising Chinese demand. You still seem unable or unwilling to understand this.

Quote:

Originally Posted by Butterfly

US going down, busted

Anyone who seriously thinks that the US economy is doing well at the moment are either in a loony hospital, or called Butterfly. I'll remain with my point of view thanks.

Quote:

Originally Posted by Butterfly

end of the world, busted

Can you show me where I have predicted this?

Quote:

Originally Posted by Butterfly

BP going the toilet, probably busted within a few weeks

I have not made a single post on this or any other forum about BP. I have no idea what you are talking about.

Quote:

Originally Posted by Butterfly

That's not even 1 out of 2, bkka, maybe if you are lucky, 1 out of 4 if the BP doesn't rebound next month

So actually thats 3 out of 3. But then again, maths has never been your strong point...

minime · 13-08-2008, 11:17 PM

[quote=DrivingForce;720767]

Quote:

Originally Posted by minime

Quote:

Originally Posted by bkkandrew

All as predicted here:

Quote:

there is only one way for Sterling to go in the short to medium term - down.

I hope it stays above 60 to a pound, who thinks it will go below? I hope not I get paid in pounds.

Greedy??

Yeah!

Butterfly · 13-08-2008, 11:20 PM

Quote:

Originally Posted by bkkandrew

So actually thats 3 out of 3

^ living in lala land again ?

Quote:

Originally Posted by bkkandrew

But then again, maths has never been your strong point

Thanks, still doing better than you could. So can you explain again your price elasticity theory where oil price keeps going up because demand is super sensitive

Begbie · 13-08-2008, 11:29 PM

Pound continues on down

Baht tomorrow surely

Texpat · 14-08-2008, 01:27 AM

As an accomplished Anglophile, I can assure you the pound's decline is due to very poor manners, retarded leaders, shit cars and general dumb ass disease. The precipitous decline has also been attributed to shit food and poor dental hygiene.

See, we can do it too.

Need a mint?

Thetyim · 14-08-2008, 01:30 AM

Quote:

Originally Posted by Texpat

Need a mint?

Yes
Both Polo and Royal please

Butterfly · 14-08-2008, 01:33 AM

Quote:

Originally Posted by Begbie

Pound continues on down

it's only down .145 in one day, no big deal, small panic, the usual. It could rebound any day, who the fuck knows, I wouldn't worry

remember when the BP was in the shit in the early 90s ? was it the end of England ? au contraire, the cheap currency eventually was a kick starter for the economy,

not sure it would be the same this time, but a lower BP will eventually benefit the Brits,

13-08-2008, 10:23 PM	#22 (permalink)
Butterfly Suspended Member Join Date: Mar 2006 Posts: 11,590	The AD is bound to re-adjust also, the USD is definitely bouncing back, the usual market speculations and over reactions followed by an adjustment to reality until the next cycle of delusions by speculators,

13-08-2008, 10:37 PM	#26 (permalink)
Begbie Senior Member Last Online: Today 05:58 PM Join Date: Mar 2006 Location: Lagrangian Point Posts: 5,520	62.95

13-08-2008, 10:40 PM	#28 (permalink)
Thetyim Senior Member Join Date: Jan 2006 Location: Phrae Posts: 11,999	COB 13/8/2008 Bangkok Bank TT Rate GBP = 63.76

13-08-2008, 10:54 PM	#31 (permalink)
Butterfly Suspended Member Join Date: Mar 2006 Posts: 11,590	so bkka, I would hate to burst your bubble again and your alarmist predictions, but so far your predictions have been busted oil gloom, busted US going down, busted end of the world, busted BP going the toilet, probably busted within a few weeks That's not even 1 out of 2, bkka, maybe if you are lucky, 1 out of 4 if the BP doesn't rebound next month

13-08-2008, 11:12 PM	#32 (permalink)
bkkmadness The Fishkeeper Last Online: Today 06:11 PM Join Date: Feb 2006 Location: Bangkok Posts: 4,245	The credit crunch will hit the mia nois hardest.

13-08-2008, 11:29 PM	#36 (permalink)
Begbie Senior Member Last Online: Today 05:58 PM Join Date: Mar 2006 Location: Lagrangian Point Posts: 5,520	Pound continues on down Baht tomorrow surely

14-08-2008, 01:27 AM	#37 (permalink)
Texpat ฝรั่งพูดมาก Last Online: Today 03:00 PM Join Date: Jan 2006 Location: Nong Khai Posts: 9,408	As an accomplished Anglophile, I can assure you the pound's decline is due to very poor manners, retarded leaders, shit cars and general dumb ass disease. The precipitous decline has also been attributed to shit food and poor dental hygiene. See, we can do it too. Need a mint?