Jim Rogers: the British Pound could collapse within weeks

[Tigris Celtica]

I dunno. Cameron reminds me of a new Blair for some reason.

He's not as substantial or intelligent as Blair.

[goosebump]

Gordon Brown is so unlucky, he'll probably win.

Almost a racing certainty at this point.

Poll reveals new blow to Tories - The Irish Times - Sun, Feb 28, 2010

[toughbutfair]

There are so many sensationalists on this forum. Look at the loony threads started just 6 months ago talking about what was going to happen but never did.

I'll bet the sterling doesn't have a collapse and also that we won't all be eating tinned food in bunkers.

[toughbutfair]

£ 157 bn debt alone. Dont know why tories want to lead UK??

That isn't much money. The UK has a population of about 15 times that of Ireland which would equate to about 10bn debt in ireland, we weren't that low at the height of the boom.

[west'sawake]

Over the past year I have heard the following at different stages from fairly intelligent and well read posters:

1. The Dollar is doomed the Euro will be stronger
2. The Euro is doomed the Dollar is over the worst
3. The Euro will collapse or at best will go into terminal decline.
4. The Dollar will be replaced as the global oil currency
5. Gold will continue to rise. (It hasn't)
6. Buy Silver as the next best thing to gold, silver has risen very little

For what its worth, I started switching investments into dollars, and switched pension funds into a secure fund. Ye can all laugh with glee if I got it arseways.
Maybe I should just have bought Norwegian Krone, or German Govt Bonds, though nothing at all seems safe nowadays if I was to believe all I read about double dip recessions, crashes, the zillions of debt globally, I might as well head for the hills, buy land and bunker down, only I haven't a clue how to farm.

[dunno]

should they increase the number of car parking spaces in newry if the bottom falls out of sterling

The snivel service would have to take over Newry and strike for four weeks to make enough time for all the shopping.

[Cassandra Syndrome]

Over the past year I have heard the following at different stages from fairly intelligent and well read posters:

1. The Dollar is doomed the Euro will be stronger
2. The Euro is doomed the Dollar is over the worst
3. The Euro will collapse or at best will go into terminal decline.
4. The Dollar will be replaced as the global oil currency
5. Gold will continue to rise. (It hasn't)
6. Buy Silver as the next best thing to gold, silver has risen very little

For what its worth, I started switching investments into dollars, and switched pension funds in a secure fund. Ye can all laugh with glee if I got it arseways.
Maybe I should just have bought Norwegian Krone, or German Govt Bonds, though nothing at all seems safe nowadays if I was to believe all I read about double dip recessions, crashes, the zillions of debt globally, I might as well head for the hills, buy land and bunker down, only I haven't a clue how to farm.

All Fiat currencies are collapsing against each other. Its a question of relativity. The price of Gold is being manipulated.

[Cassandra Syndrome]

The Euro is now back over 0.90 against Sterling.

[Tigris Celtica]

That isn't much money. The UK has a population of about 15 times that of Ireland which would equate to about 10bn debt in ireland, we weren't that low at the height of the boom.

Spot on. We should have used money pouring into government coffers during the boom (bubble) to pay off all our debts and then put money aside for the assistance the debt monkeys would inevitably need when the boom would inevitably end.

[toughbutfair]

The Euro is now back over 0.90 against Sterling.

What do you define a collapse at?