Friday, Jan 30, 2009
More Gloom from MSN
MSN: What Next for Sterling
A few gloomy (or from our point of view good) comments on house prices among other gloom.
Posted by tenyearstogetmymoneyback @ 06:51 PM (700 views) Add Comment
6 Comments
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1. debtfree said...
old news.... already been priced in, hence the sudden drop in value
2. techieman said...
"So sterling's still rubbish. But, for the time being, betting against it is not half as much of a safe bet as it was back up at the $2 level" - yes and when it was there what were most of the pundits forecasting then - yep appreiation against the flawed greenback. Caveat Emptor.
3. drewster said...
Well said techie!
4. str 2007 said...
I must also post something on this thread with regards to Gold. (I've taken a bit more interest of late).
A week a go I subscribed to Money Week for a bit of education and guidance (free for 1st 3 weeks).
First email they sent me mentioned Gold will be the thing for 2009 (much as John Stepek Editor of Money Week says in this article)
To my surprise when I open my first Snail mail magazine from money week in the back under their buy and sell recommendations is, under sell :-
Randgold Securities - apparently a good company but sensitive to Gold price which is - and I quote ''set to languish''.
Very frustrating that even the same journal can't make it's mind up.
5. Daddy Pig said...
str2007
I read the sell recommendation and comment as being from the Investors Chronicle
6. fjcruiser said...
gold ramping like property ramping....Another vi article I'm afraid.