tag:blogger.com,1999:blog-11027528911364475.post1931121335324516082..comments2024-02-18T21:10:05.205-08:00Comments on EconomPic: UK Economy Shrinks by Record LevelJakehttp://www.blogger.com/profile/07946497592651234440noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-11027528911364475.post-25998861650050180582009-07-26T09:19:23.178-07:002009-07-26T09:19:23.178-07:00The BoE didn't sell our gold. It was that idio...The BoE didn't sell our gold. It was that idiot Gordon Brown when he was Chancellor. Brown will rightly go down in history as the most useless imbecile ever to disgrace government.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-11302415989801367922009-07-24T06:34:04.530-07:002009-07-24T06:34:04.530-07:00Jake,
Oops, you are correct, the puond is at ~ 1....Jake,<br /><br />Oops, you are correct, the puond is at ~ 1.65/dollar. The ~$1.4 was a euro print. <br /><br />I will add that several months ago, the pound did fall below 1.4/dollar. <br /><br />I'll bet the Brits are glad the BOE unloaded their gold at ~ 1/3 of today's price.mabnoreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-27427897127009287602009-07-24T05:56:16.306-07:002009-07-24T05:56:16.306-07:00What's the 1.4 per dollar? The Pound is curren...What's the 1.4 per dollar? The Pound is currently ~1 pound per 1.65 dollars...Jakehttps://www.blogger.com/profile/07946497592651234440noreply@blogger.comtag:blogger.com,1999:blog-11027528911364475.post-4549175765844423292009-07-24T04:52:25.511-07:002009-07-24T04:52:25.511-07:00Jake,
The decline is much worse if you consider t...Jake,<br /><br />The decline is much worse if you consider that the pound has tanked. Actually, the pound has been tanking for decades - from ~ 2.8/dollar in the 50s to ~ 1.4/dollar today. A half off sale against the not so stellar $! <br /><br />I have many relatives in Britain. They've wanted dollars for as long as I can remember. Apparently, "less bad" thinking is nothing new. <br /><br />North Sea oil gave the pound some relief, but that too is waning. <br /><br />The amazing thing is the Brits never lose their sense of humor. Stiff upper lip.mabnoreply@blogger.com