29-09-2019, 10:32 PM
1
How to make money at the UK's expense - short selling.
1) Set up BoJo to deliver a no deal on Oct 31st but let everyone think there will be a deal.2) Exchange billions of pounds into a foreign currency like dollars at today's price
3) Arrange and agree to sell billions of pounds on Nov 2nd at just a little less than today's price
4) UK crash out on Oct 31st. The money markets can't believe we could be that stupid knowing we need to trade with the EU every day and the pound crashes by about 20%
5) Now you can buy those pounds on Nov 1st at a knock down price
6) Sell them as agreed on Nov 2nd.
7) You just made nearly 20% profit. Go and celebrate with the other ERG guys.
30-09-2019, 05:23 AM
2
Re: How to make money at the UK's expense - short selling.
HiNothing to do with Brexit at all.
This is the day to day activity of the money markets.
Much more more will have been made on short selling on the Chinese/USA Trade War.
We owe vast amounts of money as our National Debt, to Foreign Investors, many of them Sovereign State Funds.
They have no influence over Brexit, but a change in interest rates will cost us £Billions a year.
30-09-2019, 05:47 AM
3
Re: How to make money at the UK's expense - short selling.
Originally Posted by swimfeeders
->
HiNothing to do with Brexit at all.
This is the day to day activity of the money markets.
Much more more will have been made on short selling on the Chinese/USA Trade War.
We owe vast amounts of money as our National Debt, to Foreign Investors, many of them Sovereign State Funds.
They have no influence over Brexit, but a change in interest rates will cost us £Billions a year.
The US China trade war is generally unpredictable as most of it it on the whim of a rogue president.
I’ll give you that people close to the president might well be profiteering from it
Those in the UK seeking to profit from shorting the pound do not care about the impact on interest rates and the UK economy as they will have made their fortunes
Even Hammond has said as much. You might not like his politics but he’s no fool
Your oft repeated dislike of a few EU officials is no reason to crash and burn the UK and federalism is just a pipe dream of a few that will never come into being without the consent of the UK and the Lisbon Treaty does not give that consent in the area where it matters
30-09-2019, 07:23 AM
4
Re: How to make money at the UK's expense - short selling.
Originally Posted by Banchory
->
You cannot be that naive The US China trade war is generally unpredictable as most of it it on the whim of a rogue president.
I’ll give you that people close to the president might well be profiteering from it
Those in the UK seeking to profit from shorting the pound do not care about the impact on interest rates and the UK economy as they will have made their fortunes
Even Hammond has said as much. You might not like his politics but he’s no fool
Your oft repeated dislike of a few EU officials is no reason to crash and burn the UK and federalism is just a pipe dream of a few that will never come into being without the consent of the UK and the Lisbon Treaty does not give that consent in the area where it matters
You are correct, I am not that naive.
I know how the system works and it does not work for the UK.
I have seen time and time again how our Politicians, from all sides, are not bothered about us and sell us down the river.
Fisheries are the best example, the only EU Country not to count it's inshore fleet.
The other EU Countries put the 3 year block on immigrants from the newly enlarged EU.
We did not.
Even Blair has now admitted that that was a huge mistake.
I am totally opposed to No Deal, but out we go.
I will not be dictated to and the Treaties are no guarantee at all, we can be outvoted to a majority decision.
That is the way the EU is going.
30-09-2019, 07:38 PM
6
Re: How to make money at the UK's expense - short selling.
Originally Posted by swimfeeders
->
HiNothing to do with Brexit at all.
This is the day to day activity of the money markets.
Much more more will have been made on short selling on the Chinese/USA Trade War.
We owe vast amounts of money as our National Debt, to Foreign Investors, many of them Sovereign State Funds.
They have no influence over Brexit, but a change in interest rates will cost us £Billions a year.
It is everything to do with Brexit. Look at the Brexit cheerleaders:- Billionaire newspaper owners like Viscount Lord Rothermere who have been whipping up anti EU rhetoric for decades and who's newspaper the Daily Mail supported Hitler's blackshirts before WW2, Eton school toffs like Boris De Pfeffel Johnston and Jacob Rees Mogg, Russian backers like Aaron Banks who bankroll Nigel Farage. Corruption everywhere.
Where is Nigel's plan for if we do crash out without a deal? There is none at least not for us plebs. The next step will be a lucrative deal with USA except that it will lucrative for Nigel Farage and pretty shitty for the UK.
Wake up Britain.
30-09-2019, 08:13 PM
7
Re: How to make money at the UK's expense - short selling.
Originally Posted by swimfeeders
->
HiYou are correct, I am not that naive.
I know how the system works and it does not work for the UK.
I have seen time and time again how our Politicians, from all sides, are not bothered about us and sell us down the river.
Fisheries are the best example, the only EU Country not to count it's inshore fleet.
The other EU Countries put the 3 year block on immigrants from the newly enlarged EU.
We did not.
Even Blair has now admitted that that was a huge mistake.
I am totally opposed to No Deal, but out we go.
I will not be dictated to and the Treaties are no guarantee at all, we can be outvoted to a majority decision.
That is the way the EU is going.
https://www.google.co.uk/amp/s/www.y...-1-7636401/amp
As for our inshore fisherman it seems that our governments have failed to support them
https://www.google.co.uk/amp/s/amp.t...-uk-government
30-09-2019, 08:19 PM
8
Re: How to make money at the UK's expense - short selling.
Originally Posted by Banchory
->
You cannot be that naive The US China trade war is generally unpredictable as most of it it on the whim of a rogue president.
I’ll give you that people close to the president might well be profiteering from it
Those in the UK seeking to profit from shorting the pound do not care about the impact on interest rates and the UK economy as they will have made their fortunes
Even Hammond has said as much. You might not like his politics but he’s no fool
Your oft repeated dislike of a few EU officials is no reason to crash and burn the UK and federalism is just a pipe dream of a few that will never come into being without the consent of the UK and the Lisbon Treaty does not give that consent in the area where it matters
Nothing to do with Brexit.
30-09-2019, 08:41 PM
9
Re: How to make money at the UK's expense - short selling.
Originally Posted by Moscow
->
If anyone makes a profit from shortselling then it is the rules around shortselling that need tightening up.Nothing to do with Brexit.
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