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Posts by "twigins"

3 Posts Total by "twigins":
2 Posts by member
Twigins
(Calgary, Canada)
1 Posts by Anonymous "twigins":
Twigins
Calgary, Canada
Posts: 2
14 years ago
Sep 4, 2010 5:08
In Thread: GBP
Ashraf, viewed your video. If England is experiencing inflation =ɮ%, why would they risk pushing it higher by lowering their purchasing power (devaluing their currency). Unless the expect further deflation in the products they import? Heading into winter, food and energy costs will rise. Any risk of public backlash to the beaurocrats and government in raising the inflation?

Also, since not increasing their net balance sheet, replacing interest bearing bonds with others .. why does the marketplace feel this would devlaue the Stirling?

Would you expect the marketplace to figure this out ... only a reaction move, therefore quickly recover to current valuation after a week or so?
Twigins
Calgary, Canada
Posts: 2
14 years ago
Feb 25, 2010 5:31
Actually, it just occurred to me that oil could be the better hedge over gold ... if Iran needs loan guarantees to get through ... this must give floor support for oil and then any supply interruption could cause a pop?
Twigins
Canada
Posted Anonymously
14 years ago
Feb 25, 2010 5:28
Ashraf, any chance that investors could turn to gold as a hedge to their currency devaluation. Is is possible for fear factor to limit gold downside?