Join for free
Page 2 of 2 < 1 2
Banchory
Senior Member
Banchory is offline
Kent
Joined: Dec 2018
Posts: 1,207
Banchory is male  Banchory has posted at least 25 times and has been a member for 3 months or more 
 
01-10-2019, 06:09 AM
11

Re: How to make money at the UK's expense - short selling.

Originally Posted by Bread ->
Funny how the remainers aren't up in arms about George Soros short selling the pound on black Wednesday.
He foresaw and acted on the folly of others creating an overheated stock market and an overvalued pound

What We have now is a group of people who are creating the scenario that will cause the pound to crash without any concern about the impact it will have on our country

Boris and his cronies are obviously so worried their backers will lose their shirts that they are prepared to defy the law

Who knows, we may we’ll have the spectacle of the Queen sacking Boris
Bread's Avatar
Bread
Chatterbox
Bread is offline
Sudbury, United Kingdom
Joined: Dec 2018
Posts: 10,656
Bread is male  Bread has posted at least 25 times and has been a member for 3 months or more 
 
01-10-2019, 08:27 AM
12

Re: How to make money at the UK's expense - short selling.

Originally Posted by Banchory ->
He foresaw and acted on the folly of others creating an overheated stock market and an overvalued pound

What We have now is a group of people who are creating the scenario that will cause the pound to crash without any concern about the impact it will have on our country

Boris and his cronies are obviously so worried their backers will lose their shirts that they are prepared to defy the law

Who knows, we may we’ll have the spectacle of the Queen sacking Boris

Lies ....

A rule for remain and another for leave.

#brokenprinciples
Muddy's Avatar
Muddy
Chatterbox
Muddy is offline
UK
Joined: Sep 2015
Posts: 31,286
Muddy is female  Muddy has posted at least 25 times and has been a member for 3 months or more 
 
01-10-2019, 08:53 AM
13

Re: How to make money at the UK's expense - short selling.

Originally Posted by Reality1 ->
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.
I need to get my head around this .
Bread's Avatar
Bread
Chatterbox
Bread is offline
Sudbury, United Kingdom
Joined: Dec 2018
Posts: 10,656
Bread is male  Bread has posted at least 25 times and has been a member for 3 months or more 
 
01-10-2019, 10:34 AM
14

Re: How to make money at the UK's expense - short selling.

Originally Posted by Muddy ->
I need to get my head around this .
It's straight from George Soros' handbook. on how to make money out of the UK when we take the advice of the IMF, join the ERM and then clean up on short selling the pound when the country goes bankrupt because Germanys Deutsch Mark goes to the wall in 1992.

Back then, it was perfectly OK for George Soros to short sell on the pound according to Banchory/Gascony/AidoPotato/Itsme (whoever he calls himself these days) because apparently back then we weren't leaving the EU, it was because of the "folly of others creating an overheated stock market and an overvalued pound" (note the kind words)...

The fact that people lost their businesses, their jobs and their homes, is neither here nor there according to Banchory/Itsme.Gascony/AidoPotato/GlobeFlower etc - the real point is that the billions Soros made on black wednesday was nothing to do with Brexit so thats fine (even though we were sneakily trying to join the Euro under John (pervert) Major) !

Just listen to the nonsense from the hypocritical, caring remain camp - the funny thing is, is that John Major (the pervert who wants to cancel democracy by shafting his own party) took the advice from convicted criminal Christine La Garde back then and sunk the country by moving towards European Monetary Union. The ultimate reward for the EU was to make Christine La Garde head of the ECB ... the EU don't even hide their corruption anymore.

... and George Soros isn't even British.

Remainers seem to forget that

Since then George Soros has done other noble things, like fund Gina Millers "Best for Britain" campaign to the tune of £400,000 and when the press got hold of it, Gina ran away from her campaign and pretended she didn't know anything about the overseas funding for her political movement by someone who is not British, does not live in Britain and does not have a British businesss here. It's totally illegal here, but who cares about a little thing like overseas companies pumping hundreds of thousands of pounds into UK political organisations to influence the democratic decision of the people when Aaron Banks is saying nasty things about the EU and Boris writes 350 on the side of a bus, all of which have been debunked in the courts

Be a different story if leave.eu got 400K from UBS though ... that would be all over the press and in the courts and Gina Miller reaching for the microphone to talk down the country she wasn't even born in again.

You couldn't make it up
Banchory
Senior Member
Banchory is offline
Kent
Joined: Dec 2018
Posts: 1,207
Banchory is male  Banchory has posted at least 25 times and has been a member for 3 months or more 
 
01-10-2019, 10:53 AM
15

Re: How to make money at the UK's expense - short selling.

Originally Posted by Bread ->
It's straight from George Soros' handbook. on how to make money out of the UK when we take the advice of the IMF, join the ERM and then clean up on short selling the pound when the country goes bankrupt because Germanys Deutsch Mark goes to the wall in 1992.

Back then, it was perfectly OK for George Soros to short sell on the pound according to Banchory/Gascony/AidoPotato/Itsme (whoever he calls himself these days) because apparently back then we weren't leaving the EU, it was because of the "folly of others creating an overheated stock market and an overvalued pound" (note the kind words)...

The fact that people lost their businesses, their jobs and their homes, is neither here nor there according to Banchory/Itsme.Gascony/AidoPotato/GlobeFlower etc - the real point is that the billions Soros made on black wednesday was nothing to do with Brexit so thats fine (even though we were sneakily trying to join the Euro under John (pervert) Major) !

Just listen to the nonsense from the hypocritical, caring remain camp - the funny thing is, is that John Major (the pervert who wants to cancel democracy by shafting his own party) took the advice from convicted criminal Christine La Garde back then and sunk the country by moving towards European Monetary Union. The ultimate reward for the EU was to make Christine La Garde head of the ECB ... the EU don't even hide their corruption anymore.

... and George Soros isn't even British.

Remainers seem to forget that
Soros did nothing to predicate Black Friday he just understood the what was happening and profited from it

How was he responsible for companies collapsing and people losing jobs and homes?

Brexit however has been funded by people seeking to keep their offshore tax accounts hidden and looking to make huge fortunes on the back of destroying our economy. If the are not why have they taken short positions against the pound. There is a world of difference between Soros who took advantage of a dire situation and those who a deliberately creating a dire situation to take advantage of

BTW. How long has it taken you to work out George Soros isn’t British?

I wonder why the government doesn’t want an investigation?

https://www.google.co.uk/amp/s/amp.t...-business-live
Bread's Avatar
Bread
Chatterbox
Bread is offline
Sudbury, United Kingdom
Joined: Dec 2018
Posts: 10,656
Bread is male  Bread has posted at least 25 times and has been a member for 3 months or more 
 
01-10-2019, 11:13 AM
16

Re: How to make money at the UK's expense - short selling.

Originally Posted by Banchory ->
Soros did nothing to predicate Black Friday he just understood the what was happening and profited from it

How was he responsible for companies collapsing and people losing jobs and homes?

Brexit however has been funded by people seeking to keep their offshore tax accounts hidden and looking to make huge fortunes on the back of destroying our economy. If the are not why have they taken short positions against the pound. There is a world of difference between Soros who took advantage of a dire situation and those who a deliberately creating a dire situation to take advantage of

BTW. How long has it taken you to work out George Soros isn’t British?
I never said George Soros was responsible for Black Wednesday, I said he was responsible for making billions out of the misery of the UK tax payer (don't worry I'm sure he is also shorting on Brexit).

It was the IMF and John (pervert) Major responsible for Black Wednesday. The IMF telling us if we didn't join the ERM interest rates would go through the roof, people would lose their homes, businesses would collapse and people would lose their jobs and John Pervert Major going along with it.

Soros knew this would happen when he saw what was happening to the markets in Germany then made billions out of the misery of the people living and working in the UK by shorting against the pound when our currency was dragged down with the Deutsch Mark.

Thats perfectly OK though isn't it (good old principled George Soros)

The good news for us though is that with Brexit, we ignored the head of the IMF (Christine Lagarde) and her crime related opinions and since we voted leave ...

1. Unemployment the lowest in over 70 years !
2. The largest foreign investment of any country in the world (except China) !
3. UK economy out performing all the 27 by a country mile !
4. Corporation tax - down
5. Wages ... up !
6. Other EU 27 - epic fail !

A rule for George Soros and rule for everyone else.... typical of the hypocritical (un)Electable (un)Liberal (un)Democratic Lib Dems, Labour, Greens and SNP.

... and there goes convicted criminal Christine La Garde, in her new job, heading up the ECB...

Do you honestly believe your hero, Principled George Soros will not be shorting against the pound when we leave the EU ? Is Principled George Soros so noble he is not going to make any profit this time, from millions of UK tax payers like other people could ?

 
Page 2 of 2 < 1 2

Thread Tools


© Copyright 2009, Over50sForum   Contact Us | Over 50s Forum! | Archive | Privacy Statement | Terms of Use | Top

Powered by vBulletin Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.