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RANsquawk Preview: Bank of England Quarterly Inflation Report Wednesday 12th February
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I'm short the Pound witha Dec.'14 Contract; I'll have a lot of trouble getting out of it anytime soon; but I'm not worried. The British Pound is a currency with no visible means of support. The British Economy is a smoking crater; sooner or later this currency will roll over and nose dive. They're dependent on their "Financial Sector"; which as we all know, is "fixed" and will do fine this year. Ha Ha.
There is nothing about the British pound in today's NYTimes business section. However, there is a lengthy analysis of Mattel's Barbie / Sports Illustrated Swimsuit issue...
The NYT ! WTF; do you want to be brainwashed, don't read that crap.
>>The British Economy is a smoking crater; sooner or later this currency will roll over and nose dive.
Yep and when that happens as Merkel screams again for the Brit's to join the single currency union we'll be launched into the euro just as it does a deadcat bounce. From there we all sink together and ofcourse all this before the crucial uk referendum on eu membership thus guiding the sheaple on path towards sdrBTC!