 Poster: A snowHead
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| CANV CANVINGTON wrote: |
| the rest you mention wil be in the same boat as spain italy ireland portugal greece in 10/15 years if they sign up . well unless the germans throw money at it instead of the luftwaffe |
Disagree. If you know anything about Mainland Eastern Europe engineering,manufacturing, heavy industrials,chemical & pharmaceutical, large scale farming this is where it is happening right now.
There economy's are being built on sound foundations not on white collar & service sector trash.
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Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
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their economies are being built on doing the germans manufacturing for them.. thats fine .. the service sector 'trash' makes up the vast majority of 21st century economies. i would truly enjoy watching the euro area living standards collapse as they become a manufacturing economy only,,, and of course the euro will be deemed a success as long as you can keep changing the countries in it that can briefly peg their currecies to the deutsche mark
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Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
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You need to Login to know who's really who.
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CANV CANVINGTON, can't imagine the Germans tax-payers will allow their government to keep baling out the other countries.
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Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
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| CANV CANVINGTON wrote: |
| their economies are being built on doing the germans manufacturing for them.. |
The Germans only kicked started the economy's set up a few production factories along with countries such as Belgium, Italy & Austria.
There are some very established Eastern European Company's just for an example
http://www.polpharma.pl/en/news/news/art86,polpharma-best-pharmaceutical-production-company-in-europe.html
| CANV CANVINGTON wrote: |
| collapse as they become a manufacturing economy only. |
This wont happen they are working on having a diverse economy, they have seen what happens to country's that run a service sector (trash) economy only.
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You'll need to Register first of course.
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1.215
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| Quote: |
The gap in the yields – the spread – between the 10-year bonds of peripheral eurozone countries and Germany has been growing at an alarming rate. It is now close to the level that prevailed in the days before the European Union decided to set up its bail-out fund in May. Last Friday, the spreads were 3.4 per cent for Ireland, 9.4 per cent for Greece, 3.4 per cent for Portugal, and 1.7 per cent for Spain. The yield on 10-year German bonds is currently ridiculously low, about 2.3 per cent. |
According to the Financial Times September 5 2010 19:10 (you may need a subscription to see). One intriguing comment on Ireland:
| Quote: |
| with 10-year market rates at current levels – close to 6 per cent – Ireland is effectively insolvent. |
Still trouble ahead, I think. I'm very glad we are not in the Eurozone. The best legacy from Gordon Brown, IMV.
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| stanton wrote: |
This wont happen they are working on having a diverse economy, they have seen what happens to country's that run a service sector (trash) economy only. |
like germanys where over 2/3 of gdp in generated in the service sector.. and whose banks are more exposed to govmnt defualt by the pigs than pretty much any one elses, except maybe the french ..
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You'll get to see more forums and be part of the best ski club on the net.
You'll get to see more forums and be part of the best ski club on the net.
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So has only one person here bought euros recently around the 1.20+ mark cause everyone else is waiting out for 1.25 too 1.35?
If you are waiting out, the lower higher rate risk is proportional to the amount needed to change so different strokes for folks .
Its the upside now at 1.21 vs possible upside later in nov dec jan.
Something keeps telling me to change now but above is about the euro weakening yet more.
I may change half this mid month .
I,m not sure on anything except that the taxpayers will bear the brunt of any debt which seems quite large and skiings going too be more expensive,I actually hope I,m wrong but its like its coming anyway.
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snowHeads are a friendly bunch.
snowHeads are a friendly bunch.
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livetoski, I received a 'fixed penalty charge' for dangerous parking a few weeks ago over there (every other car had gone and left mine on the bend of the road) and it consisted of a hand written post-it note - time must be tough !!
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And love to help out and answer questions and of course, read each other's snow reports.
And love to help out and answer questions and of course, read each other's snow reports.
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Given that it's taken a year to drift out from about 1.15 to 1.21 I wouldn't hold your breath waiting for 1.35
Of course there could be a step devaluation... sorry... "quantitative easing" that would make it jump, just like it did when GBP was devalued 25% by Brown/Darling.
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You know it makes sense.
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livetoski, I think it might have been from an off duty copper who was a bit annoyed because I was actually legally parked, just on a bend. The hotel bar man that I showed it to thought that the cuts were a bad .... but not that bad  , and that it was a hoax
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Otherwise you'll just go on seeing the one name:
Otherwise you'll just go on seeing the one name:
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| Quote: |
I was actually legally parked, just on a bend.
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Whilst not the law per se - Section 243 of the Highway Code:
DO NOT stop or park
•near a school entrance
•anywhere you would prevent access for Emergency Services
•at or near a bus or tram stop or taxi rank
•on the approach to a level crossing/tramway crossing
•opposite or within 10 metres (32 feet) of a junction, except in an authorised parking space
•near the brow of a hill or hump bridge
•opposite a traffic island or (if this would cause an obstruction) another parked vehicle
•where you would force other traffic to enter a tram lane
•where the kerb has been lowered to help wheelchair users and powered mobility vehicles
•in front of an entrance to a property
•on a bend
•where you would obstruct cyclists’ use of cycle facilities
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Poster: A snowHead
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Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
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Back on topic... 
Interested to see what peoples opinions are on trading now or later. I intend to be out for the season and will have about £4000 of "pocket money" to exchange...
Ignoring the costs of repeated exchanges over a single exchange do you think that 1.20 is a good place to "lock in", or that 10 or so trades across the season will result in a better average rate. I suspect the answer is to go 50:50 (or maybe another proportion??!!!).
I suppose if there was any certainty then we would all be millionaires but interested in your views anyway - especially as the £ has been particularly weak against the Euro for the last two winters (relative to the summer price - if I remember rightly).
Thanks & Bon Ski.
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Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
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boarder_s, take gold and tinned food.. europe will be back to bartering by then
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You need to Login to know who's really who.
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What the bl**dy hell has happened today. Just seems to knee jerk up and down at the moment.
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Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
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Boarder_s - I'd spread the trades out, got to be the safest way of doing things.
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You'll need to Register first of course.
You'll need to Register first of course.
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TMS are offering 1.2493 Eur for 31-50 days out, versus 1.17 at the mo'. I'm tempted to get a grand.
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Michael B, hmm I got 1.20 last week before yesterdays crash, its up and down like a yoyo at the moment.
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Just ordered £1000. Couldn't resist at that price, particularly as it goes down to 1.17 immediately afterward. Not seen 1.24 for quite a while and if I'm wrong and it goes to 1.26 I'll still be happy.
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You'll get to see more forums and be part of the best ski club on the net.
You'll get to see more forums and be part of the best ski club on the net.
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Michael B, that seems a crazy deal how reliable are they??????
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snowHeads are a friendly bunch.
snowHeads are a friendly bunch.
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redrunmarcus, They are excellent. Have used them a few times. Money arrives the day you order it.
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And love to help out and answer questions and of course, read each other's snow reports.
And love to help out and answer questions and of course, read each other's snow reports.
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Just checked again. Down to 1.2193 now. Makes a difference but I've got mine. 
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on the slide heavily today - Libdems talking it down maybe ?
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You know it makes sense.
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Its like bloody fishing,Micheal B knows the best spots and early times.Well done.
I,ve caught nothing though!!
Will watch the site now, so thanks for info and link, as never bought in advance.
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Otherwise you'll just go on seeing the one name:
Otherwise you'll just go on seeing the one name:
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I was just lucky. Just happened to look to see what was happening.
"Fish where the fish are" Is what our ad agency used to tell us. 
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Poster: A snowHead
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You make your own luck too I believe Micheal.
1.2316 AT 7.20PM
Vince Cables rattling them all,that could be the single best rate this coming season by micheal b on here.
Maybe some more Q- easing on the way
Anyone done better than micheal this year?
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Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
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1.23 is a good rate but the fundamentals for Eurozone are terrible. I thought it would be !.20-1.25 in the summer. We seem to be having less of an Indian summer and more of a Pakistan summer but our weather woes are nothing compared with the EU country borrowing woes.
My prediction (its worth what you have paid for it) is that Sterling will grow up to 30-60 points stronger after the October spending review. I expect the deficit correction work will be much more severe than expected. The Coalition are new and bad news is best dealt with early in a government.
I'll be buying Euros mid to late October.
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Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
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See it was down to around 1.14 yesterday in the best of my local travel agents...... 
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You need to Login to know who's really who.
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1.177 (ish) spot today - trading below all its Daily Moving Averages which is not mormally a good sign
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Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
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usd dollar got smashed earlier this week.. stg gets dragged around with the mighty buck still
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You'll need to Register first of course.
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also wait until Ireland and Portugal get bailed out next month and the Euro slides up to 5% 
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What is going on now ?
1.16225 = not good
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You'll get to see more forums and be part of the best ski club on the net.
You'll get to see more forums and be part of the best ski club on the net.
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Wayne, a rise in the Eurozone base rate Dollar is devaluing to stimulate exports, £ is in a tight band too.
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Comments from BoE's Mr Bean can't be helping either.
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FAQ
