Ah, Brexit.

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Aug 10th 2018, 5:05 pm

#16

isi16

Forum Regular

Joined: Jan 2015

Location: kelso scottish borders

Posts: 48

Re: Ah, Brexit.

Quote:

Originally Posted by cranston

There are no experts when it comes to currency movements. There are only people who don't know and people who don't know they don't know.

Signed
An Expert

if you say so

Aug 10th 2018, 6:33 pm

#17

Beraider

Forum Regular

Joined: May 2018

Location: North Yorkshire

Posts: 80

Re: Ah, Brexit.

On the other hand, those of us on the way back to UK can make some hay. I just took advantage of this and sent a wad back.

Aug 10th 2018, 9:03 pm

#18

vespucci

Forum Regular

Joined: Jul 2018

Location: California

Posts: 254

Re: Ah, Brexit.

Quote:

Originally Posted by cranston

There are no experts when it comes to currency movements. There are only people who don't know and people who don't know they don't know.

Yes that's true, I hadn't thought of that!

Aug 14th 2018, 12:27 am

#19

cranston

BE Enthusiast

Joined: Nov 2007

Posts: 906

Re: Ah, Brexit.

The saying comes from leading economist John Galbraith (Harvard, Princeton, UCal) who served in the administrations of FDR, Truman, Kennedy & Johnson

https://en.wikipedia.org/wiki/John_Kenneth_Galbraith

I have been in the currency business since 1984 and Galbraith is spot on.

Last edited by cranston; Aug 14th 2018 at 12:29 am.