British Pound: a Harbinger of Global Financial Mayhem - Video
Currencies / British Pound Jan 12, 2016 - 04:52 PM GMTBy: Mario_Innecco
Transcript Excerpt: January 12 2016 Tuesday afternoon here in london 330 London time or 1030 New
York Times just a quick video on the british Pounds British Pound is part of
the SDR basket and I spoke earlier late last year when the Chinese you one was
admitted into the SDR basket that the pound took the brunt of the hey don't
exactly remember the percentage in percentage terms how much the British
Pound lost in terms of the SDR basket to put a link to that video below at the
time though I said it should be bad for the pound and lo and behold the pound
continues to drop by is getting precipitous at the moment in my opinion
you know all the talk is about emerging market currencies devaluing the you want
to value when but you hardly ever hear anything here in the UK the mainstream
that are British Pound is actually being stealthy and that can't be good for our
Best regards,
By Mario Innecco
http://forsoundmoney.com
A Futures and Options broker in London for twenty years
Mario Innecco Archive |
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