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Posts by "montmorency"

678 Posts Total by "montmorency":
604 Posts by member
montmorency
(Abingdon, United Kingdom)
74 Posts by Anonymous "montmorency":
montmorency
Abingdon, UK
Posts: 610
14 years ago
May 27, 2010 13:53
In Thread: EUR
http://www.zerohedge.com/article/edge http://www.zerohedge.com/article/edge#comment-376410

"I would love to find out who started that absolutely egregious rumor yesterday that the PRC was goign to short the Euro.

If anyone can keep a secret, it is the Chinese. If the Chinese were really going to sell, believe me, there would be no leaks about it.

The rumor was about as transparent a lie as they come"


:-)

montmorency
Abingdon, UK
Posts: 610
14 years ago
May 27, 2010 12:31
In Thread: GBP
It is beginning to look that way, but it might just be part of a retracement in the longer timeframe.
montmorency
Abingdon, UK
Posts: 610
14 years ago
May 26, 2010 22:58
In Thread: GBP
Ashraf's IMT of May 26, 2010 15:06 GMT: THOSE SPANISH BANKS AGAIN - reminds me that Santander is now a player in the UK market. I'm not aware that Santander is in any trouble at the moment, but these things have a way of spreading don't they. Could lead to more bad news for the UK as well as the Eurozone.

montmorency
Abingdon, UK
Posts: 610
14 years ago
May 26, 2010 17:06
http://www.zerohedge.com/article/australia-capitulates-backs-down-resource-super-profits-tax

"Australia Capitulates, Backs Down On Resource Super-Profits Tax"

montmorency
Abingdon, UK
Posts: 610
14 years ago
May 26, 2010 12:01
Isn't the "Status Quo Option" covered by "other"?

Since this issue is now widely being discussed elsewhere, I think this poll is a very interesting idea.
montmorency
Abingdon, UK
Posts: 610
14 years ago
May 26, 2010 10:29
In Thread: EUR
http://www.zerohedge.com/article/greek-bailouts-two-secret-exit-clauses-why-europe-now-cheering-its-own-demise

http://blogs.ft.com/brusselsblog/2010/05/world-is-dangerously-exposed-to-european-default-report-says/

montmorency
Abingdon, UK
Posts: 610
14 years ago
May 26, 2010 9:02
VOTE:Greece will exit Eurozone for ever

Although I voted "Greece will exit Eurozone for ever", I think that Italy will also go, and maybe Spain. Possibly Portugal and others. However, as I am less sure about this, I didn't vote "At least 3 Eurozone Nations to Exit", since it might only be 2.


I have an idea that if a smaller Eurozone is established of only prosperous, relatively low-debt, low-inflation countries, then one or more of the Scandinavian countries might join, the first perhaps being Denmark.



montmorency
Abingdon, UK
Posts: 610
14 years ago
May 26, 2010 1:08
In Thread: EUR
http://news.bbc.co.uk/1/hi/business/10157432.stm

"Italy joins euro austerity drive"


Among other things:

"Added to these, a clampdown on tax avoidance is also planned."

LOL! Some hopes, I think.
montmorency
Abingdon, UK
Posts: 610
14 years ago
May 24, 2010 10:58
In Thread: GBP
BTW, I think Osborne will put VAT up to at least 20%. Even 25% would not surprise me. That would send some messages.
montmorency
Abingdon, UK
Posts: 610
14 years ago
May 24, 2010 10:43
In Thread: GBP
And yet you are bullish on cable?