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Next Season is going to be lot more Expensive!

 Poster: A snowHead
Poster: A snowHead
https://www.thetimes.co.uk/article/pound-is-a-tasty-morsel-for-investors-s7hfkr8qg?shareToken=ab0a8665d3a1c7d8f1a2094858505899

When everyone expects the markets to do one thing they usually do the opposite

£ is cheap .

Note I own € and £ assets so my view is balanced .
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 Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
horgand wrote:
Well done Brexiteers, you've really fupped up Britain!! Embarassed: Embarassed
One could also say 'Well done Re-moaners' for ignoring the referendum and throwing every obstacle in its path causing the UK to have a weaker position thus causing the issues you state above....
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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?
*Yaaaawwwwnnns*

Brexit or No deal Brexit is no real worry for Brexited-Skiers. Stanton has been peddling this thread for over 3 years with obscure data and details from fake truth websites. Certainly by now (3 ski-seasons on) prices will have shifted upwards, but only to a small degree.

I still maintain that it will inevitably be the service/retail sectors in ski resorts that shall carry the brunt of 1 million UK skiers with less Brexit- pounds to spend. And those skiers will certainly still enjoy their skiing wherever they ski, their beers in the Mooservirt/Folie Douce or wherever they drink, and most probably will watch what the missus/kids buy in resort. But ski they will, Brexit or no deal Brexit!
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Is this the 5 minute argument or the full half hour?
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 Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
@horgand,
hawkwind wrote:

To make myself resoundingly clear.
YES i blame politicians such as Nigel Farage and Boris Johnston for stirring up division to suit their own agendas, the exit plan was reported to be a couple of pages long, yes a few pages!
Thats some gamble to take and of course having more knowledge of the likely outcomes than 99% of us sitting at laptops they bailed out.
Thats some stitch up right there.

Further to that , i listened to the experts on a global scale who scientifically gave us analysis and projections of what we were gambling with but thats not as much fun as finger pointing and being ignorant.

Further again , destabilisation and division within Europe historically doesnt work out well , yanno for those of us with kids and grandkids , war isnt a game.


But yeah , seems all some folk have to worry about is whether other people on internet forums use appropriate capitalisation and punctuation.


*BUMP *
Great post.
Look Brexit hasn't even happened and already it has led to sterling tanking, property prices floundering, inflation, less disposable income, elections, change of PMs, international loss of credibility in the UK and of course 3 years of system stasis.

In short the UK is dangling on a precipice, with its politicians playing bluff, while the rest of the world is getting on about it's business planning for futures without the UK....

As for skiing next season being more expensive, even in Scotland it will be , as all imported goods and services will be pricier. (Skis, etc) Well done Brexiteers, you've really fupped up Britain!!


Really? The paralysis in our politics has led to more employment and higher wages than ever before - goes to show how little we need politicians! Laughing
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Gordyjh wrote:

Look Brexit hasn't even happened and already it has led to sterling tanking, property prices floundering, inflation, less disposable income, elections, change of PMs, international loss of credibility in the UK and of course 3 years of system stasis.


Property prices are hardly floundering, inflation is not worryingly high (within the BoE targets unless I missed something). We do actually have elections and changes of MPs as part of the way our democratic system works, so again, not big deal.
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 Then you can post your own questions or snow reports...
Then you can post your own questions or snow reports...
https://www.forbes.com/sites/iainmartin/2019/07/11/richard-branson-warns-pound-will-collapse-in-no-deal-brexit/
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 After all it is free Go on u know u want to!
After all it is free Go on u know u want to!
You couldn't make it up
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You'll get to see more forums and be part of the best ski club on the net.
Rob,

Yup maybe, but the £ is cheap for a reason I.e. the governance of the country is crap and unstable, and the UK is severing integrated ties with a market of 500 million people to chase uncertain trade agreements with other more remote countries who will have the upper hand in trade negotiations...so the UK will have to make itself even cheaper just to stay afloat in the short to medium term imho, hence the current market view.

Only hope is Boris the buffoon bluffer , will opt for a BINO type deal ,and then maybe stg can regain some ground. Right now that's uncertain and markets hate uncertainty...
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@martinm, Exactly my point. The quote was from [b]@horgand[b] but I can't seem to do "Quote selected" on my ipad, so I copied/pasted.
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Just booked and paid for our apartment for New Year - £100 less than last year

Looks like next season is errrrr cheaper
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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.
stanton wrote:
https://www.forbes.com/sites/iainmartin/2019/07/11/richard-branson-warns-pound-will-collapse-in-no-deal-brexit/


Jobs for the boys!!

Looks like the Old-Boy networks extends to Euro-Twazzerks
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 So if you're just off somewhere snowy come back and post a snow report of your own and we'll all love you very much
So if you're just off somewhere snowy come back and post a snow report of your own and we'll all love you very much
Pound has started a new freefall..

https://www.reuters.com/article/britain-sterling-open/update-1-pound-extends-plunge-hits-six-month-low-vs-euro-as-hard-brexit-fears-build-idUSL8N24H1Z4


Last edited by So if you're just off somewhere snowy come back and post a snow report of your own and we'll all love you very much on Tue 16-07-19 11:09; edited 1 time in total
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 You know it makes sense.
You know it makes sense.
Yawn

Booked/Paid/Cheaper

Horse/Flog/Dead
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 Otherwise you'll just go on seeing the one name:
Otherwise you'll just go on seeing the one name:
@stanton, Six month low. It has been slightly lower, but then recovered as it will do again as soon as we have political stability. Even at its lowest, it's still 10% higher than your prediction 3 years ago. Toofy Grin

@skimastaaah, I'll start taking notice of what Branson thinks when he starts paying his share of UK tax. All he cares about is the effect on his uk profits when he converts to Dollars.

0.1% of his worth would have repaired the hurricane damage, without all the other billionaires who live there chipping in, but he expected the British taxpayer to subsidise it. ****ng parasite!
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 Poster: A snowHead
Poster: A snowHead
The British Pound Looks Ugly

https://seekingalpha.com/article/4275027-british-pound-looks-ugly


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 Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
Breaking news Breaking news....something, somewhere is going to happen at sometime! Brilliant!
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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?
The next UK prime minister is bad for the pound—whoever he is
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I predict my broken clock will be right at least twice a day. Genius!
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 Anyway, snowHeads is much more fun if you do.
Anyway, snowHeads is much more fun if you do.
and I still predict that post-Brexit uk skiers will still ski in the eu.

whatever the exchange rate.

and that the only real sector to suffer from uk ski post-Brexit-sterling-valuation will be the ski resort service industries. obvs.

not a MENSA conundrum really.
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This is now 59 pages and not a mind has been changed. Time for a new argument?
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Then you can post your own questions or snow reports...
@Scooter in Seattle, Stanton enjoys winding up the Brits, keep feeding the troll and he will keep at it ad nauseum. As for the Brits it has all become like some bizarre Byzantine theological debate of which the origins have been long forgotten and is completely mystifying to outsiders. As an American I am sure you will be aware of the sort of thing Very Happy . The thread could go on for another 59 pages and the arguments would not change.
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 After all it is free Go on u know u want to!
After all it is free Go on u know u want to!
Scooter in Seattle wrote:
This is now 59 pages and not a mind has been changed. Time for a new argument?


Have you seen the size of the Brexit thread? Laughing Laughing Laughing
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Hedging now..

https://www.ft.com/content/bbd3d308-a860-11e9-984c-fac8325aaa04
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Quote:


Hedging now..



I do like a nice bush
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snowHeads are a friendly bunch.
stanton wrote:
Hedging now..

https://www.ft.com/content/bbd3d308-a860-11e9-984c-fac8325aaa04



Nigel -- If you are going to post a link that you want peeps to read, make sure it is not behind a PayWall !!!
ski holidays     
 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.
The pound also looks set to reach parity with the euro soon, with the heady days of favourable currency exchange rates becoming a long lost memory for Brits.



https://www.thelondoneconomic.com/travel/cost-of-holidays-to-soar-by-225-per-person-under-no-deal-brexit/17/07/
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 So if you're just off somewhere snowy come back and post a snow report of your own and we'll all love you very much
So if you're just off somewhere snowy come back and post a snow report of your own and we'll all love you very much
munich_irish, amen brother! The parallels are as striking as they are sad......
snow conditions     
 You know it makes sense.
You know it makes sense.
3 years since Nigel and Haggis_Crap predicted parity or worse and I'm still waiting for it. I have just picked up a nice MTB for my son in GBPs and at 1.12 it was a pretty sweet deal but parity would have been even sweeter.

It better hurry up, a bit like Burckhardt waiting for a caravan to take him to the source of the Nile, Nigel is in his twilight years and may not live long enough to see it.
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 Otherwise you'll just go on seeing the one name:
Otherwise you'll just go on seeing the one name:
https://www.bbc.com/news/business-49015116

Parity will be broken..

At the present & forseable future Sterling is just a Political Currency.

£1.00 = €0.85cents on No Deal Exit
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 Poster: A snowHead
Poster: A snowHead
stanton wrote:
https://www.bbc.com/news/business-49015116

Parity will be broken..

At the present & forseable future Sterling is just a Political Currency.

£1.00 = €0.85cents on No Deal Exit


we will see £1 = €1.50 before we see £1 = 85cents
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 Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
Mr.Egg wrote:
stanton wrote:
https://www.bbc.com/news/business-49015116

Parity will be broken..

At the present & forseable future Sterling is just a Political Currency.

£1.00 = €0.85cents on No Deal Exit


we will see £1 = €1.50 before we see £1 = 85cents


That could happen overnight if Brexit is cancelled i agree.
snow report     
 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?
stanton wrote:
Mr.Egg wrote:
stanton wrote:
https://www.bbc.com/news/business-49015116

Parity will be broken..

At the present & forseable future Sterling is just a Political Currency.

£1.00 = €0.85cents on No Deal Exit


we will see £1 = €1.50 before we see £1 = 85cents


That could happen overnight if Brexit is cancelled i agree.


I doubt Mr Mercedes or Mr BMW would want that! Toofy Grin
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http://youtube.com/v/oz6bTFwvrdg
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Anyway, snowHeads is much more fun if you do.
lol
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@Frank Spencer, +1 Very Happy Very Happy

£ stayed stable all day. what happened to the predicted crash if Boris got in?
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Then you can post your own questions or snow reports...
Sell Sterling buy Euros .its ££ a political currency .until a change in Brexit strategy ..

Markets do not trust words from new PM ...high risk

.same advice sell...


Last edited by Then you can post your own questions or snow reports... on Tue 23-07-19 22:04; edited 2 times in total
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 After all it is free Go on u know u want to!
After all it is free Go on u know u want to!
Don't worry, Stantroll will be along any moment to apologise for his regular blunders. Maybe after his mum has explained what parity means.
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@stanton, Why would you buy Euros with this brewing on the horizon? its been brewing for a while and will make Greece look like a minor little blip and could spell the end of the euro experiment.

https://news.goldcore.com/ie/gold-blog/italian-debt-financial-disaster/
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@stanton, Don't worry, We'll all be buying Euros in the next few months anyway. I might leave mine until Boris' deadline, or even later.

No deal might even bump the rate up.
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