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Thread: Thanks Brexit knobs !

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  1. #1

    Re: Thanks Brexit knobs !

    Gold's up £190, circa 20%, an ounce since Brexit.

    Carney, the ex Goldman Sachs shyster, and his MPC is responsible for driving the pound's value down from 1.32 against USD. The government can overrule them so it is to blame for the interest rate cut. And of course, most of the cost of filling up is Fuel Duty.

  2. #2

    Re: Thanks Brexit knobs !

    Quote Originally Posted by Organ Morgan. View Post
    Gold's up £190, circa 20%, an ounce since Brexit.

    Carney, the ex Goldman Sachs shyster, and his MPC is responsible for driving the pound's value down from 1.32 against USD. The government can overrule them so it is to blame for the interest rate cut. And of course, most of the cost of filling up is Fuel Duty.
    Yes BUT the government hasn't increased fuel duty has it ?
    This is purely down to Brexit and a dithering government.

  3. #3
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    Re: Thanks Brexit knobs !

    Quote Originally Posted by Organ Morgan. View Post
    Gold's up £190, circa 20%, an ounce since Brexit.

    Carney, the ex Goldman Sachs shyster, and his MPC is responsible for driving the pound's value down from 1.32 against USD. The government can overrule them so it is to blame for the interest rate cut. And of course, most of the cost of filling up is Fuel Duty.
    would you prefer capital flight or a slowly depreciating pound?

    the fact that gold is up is of interest only to those who hold gold as an investment. thats not the majority. keeping a lid on prices where possible has to be the aim of any economic policy

  4. #4

    Re: Thanks Brexit knobs !

    Quote Originally Posted by Organ Morgan. View Post
    Gold's up £190, circa 20%, an ounce since Brexit.
    .
    Well thank goodness for that, I'm sure that will bring a great sense of comfort to those of us who have a stash of gold bullion stashed away under the sink.

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