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Search: Posts Made By: TheBear
Showing results 1 to 25 of 79
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Forum: Canada
Jul 1st 2010, 6:20 am
Replies: 2,672
Views: 291,387
Posted By TheBear

Re: Exchange rate

Exactly. The markets have got all excited because a Government has come along that realises it has to tackle the deficit and the underlying debt mountain, however, the economy does not have the...
Forum: Canada
Jul 1st 2010, 5:50 am
Replies: 2,672
Views: 291,387
Posted By TheBear

Re: Exchange rate

I've been very bearish about the pound in the past, and long term, I continue to be, but now the new Government has shown it is willing to grasp the nettle, I think we could see it head back towards...
Forum: Canada
May 27th 2010, 4:12 pm
Replies: 2,672
Views: 291,387
Posted By TheBear

Re: Exchange rate

I suspect that the markets will dictate. I don't see any reason why IRs should go quickly upwards in Canada, they won't become the focus of currency bears (or pack of dogs); if they go into...
Forum: Canada
May 19th 2010, 9:18 pm
Replies: 2,672
Views: 291,387
Posted By TheBear

Re: Exchange rate

That explains a lot ;)
Forum: Canada
May 14th 2010, 3:08 pm
Replies: 2,672
Views: 291,387
Posted By TheBear

Re: Exchange rate

Canadian Oil is only viable if the price is above $55 a barrel isn't it? Although it would be preferable to go elsewhere, I think the US will want to get more from canada as part of its energy...
Forum: Canada
May 14th 2010, 12:58 pm
Replies: 2,672
Views: 291,387
Posted By TheBear

Re: Exchange rate

Yes, I think you're right.
Forum: Canada
May 14th 2010, 7:12 am
Replies: 2,672
Views: 291,387
Posted By TheBear

Re: Exchange rate

I agree with a lot that you say, but my caveats would be that the current generation are not as ingenious as previous generations, and those that have real talent have been sucked into the financial...
Forum: Canada
May 13th 2010, 8:08 pm
Replies: 2,672
Views: 291,387
Posted By TheBear

Re: Exchange rate

You'd miss me really ;)

Anyway, I don't actually think the GBP will go much lower, but I do think our country has much worse to come, but so too does Canada and everywhere else. It's the long term...
Forum: Canada
May 13th 2010, 7:57 pm
Replies: 2,672
Views: 291,387
Posted By TheBear

Re: Exchange rate

I don't see anyone else complaining, is your wife not giving it you or something, you seem a little wound up, or are you just a prick?
Forum: Canada
May 13th 2010, 7:42 pm
Replies: 2,672
Views: 291,387
Posted By TheBear

Re: Exchange rate

The fact that you don't know the difference between debt and deficit means there really is no point in continuing a discussion with you about economics. You are rude and arrogant, but most of all you...
Forum: Canada
May 13th 2010, 7:24 pm
Replies: 2,672
Views: 291,387
Posted By TheBear

Re: Exchange rate

Terminal decline???

It has pretty much hit it's low. We haven't even started paying back the debt, and will continue to increase our debt until at least 2014. Public services are going to be cut...
Forum: Canada
May 13th 2010, 8:51 am
Replies: 2,672
Views: 291,387
Posted By TheBear

Re: Exchange rate

and on the BBC 1.499. Looking back, it was only 2005 that you could get nearly 2.50, and in 1996 $2.60...those days will never come again (this side of Peak Oil), the Uk is in terminal decline.
...
Forum: Canada
May 13th 2010, 8:43 am
Replies: 2,672
Views: 291,387
Posted By TheBear

Re: Exchange rate

according to Cantor the £ is now below £1.50!!!
Forum: Canada
May 13th 2010, 8:30 am
Replies: 2,672
Views: 291,387
Posted By TheBear

Re: Exchange rate

Is this the day we go below $1.50. £1.503 on the BBC site at the moment.

There are rumours of the Germans ditching the Euro, if that happens it's hard to say what will happen to the pound, but I...
Forum: Canada
Feb 26th 2010, 9:28 am
Replies: 2,672
Views: 291,387
Posted By TheBear

Re: Exchange rate

I didn't say abdicate responsibility, but if you spend too much thinking about it, you will be unhappy as the problem is too big for one person, and our society is so controlled by these people that...
Forum: Canada
Feb 26th 2010, 8:06 am
Replies: 2,672
Views: 291,387
Posted By TheBear

Re: Exchange rate

That, my friend, is the state of much of the world. If that's all that's bad about Canada, then there's no reason to come back. Most people with large mortgages are living in houses to make money for...
Forum: Canada
Feb 26th 2010, 5:36 am
Replies: 2,672
Views: 291,387
Posted By TheBear

Re: Exchange rate

Is it really that bad and why?
Forum: Canada
Feb 19th 2010, 5:44 pm
Replies: 2,672
Views: 291,387
Posted By TheBear

Re: Exchange rate

I agree...I despise them both equally...they are part of the political establishment that has destroyed our country. Brown and Mandleson though, seem to be even more despicable than our former ruling...
Forum: Canada
Feb 19th 2010, 3:42 pm
Replies: 2,672
Views: 291,387
Posted By TheBear

Re: Exchange rate

Couldn't agree more. The tw@t encouraged the nation's decade long binge on private and public debt that will guarentee a decade of stagnation or even recession like Japan. And now they are trying to...
Forum: Canada
Feb 19th 2010, 1:20 pm
Replies: 2,672
Views: 291,387
Posted By TheBear

Re: Exchange rate

Pound whore's like dropping is a knickers the.

Re-arrange the above sentence to describe what is happening today. Personally I feel we are at the beginning unless our feeble government get their...
Forum: Canada
Feb 19th 2010, 12:35 pm
Replies: 2,672
Views: 291,387
Posted By TheBear

Re: Exchange rate

I moved my meagre savings over when it was $1.83...waiting to hear about a job interview now, makes telling them what your current salary is a bit diffiuclt as my salary has dropped over 30% in...
Forum: Canada
Feb 19th 2010, 12:25 pm
Replies: 2,672
Views: 291,387
Posted By TheBear

Re: Exchange rate

$1.62 today...that has got be the lowest for many many years, probably the 70s or something.
Forum: Canada
Oct 13th 2009, 8:31 am
Replies: 2,672
Views: 291,387
Posted By TheBear

Re: Exchange rate

+1. I changed half my savings at 1.85...feeling jolly glad I did now!!
Forum: Canada
Oct 9th 2009, 7:31 pm
Replies: 2,672
Views: 291,387
Posted By TheBear

Re: Exchange rate

$1.65 !!!!! :blink: The Canadian dollar is doing particularly well against the pound at the mo, and other currencies. I'm reckoning they're going to follow Oz and raise their rates as they have one...
Forum: Canada
Oct 6th 2009, 1:27 pm
Replies: 2,672
Views: 291,387
Posted By TheBear

Re: Exchange rate

Sterling crisis...that's where all labour governments end. Then the Tories will spend a decade fixing the economy, and Labour will get in and do it all over again. :curse:

Now at the lowest for...
Showing results 1 to 25 of 79
 
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