Brexit

never that shitty country will send their currency to 0.3 usd in 10 years via isolationism and socialism with corbyn et al

>>3228823
>when do I need to start buying Sterling Pounds?

How about in a bout a year, when it comes clear that england cannot handle the brexit?

>>3228823
Buying pounds is betting on islamists, paki, and SJW leftists.

History has shown that it's not a good investment.

Should've bought buttcoins before the referendum. I know thats what I did.

>>3228844
But May must have a plan.
I think she will get a Norway relation with the EU

>>3228863
Will it become that bad?

>>3228876
elaborate?

>>3228876
You mean shitty nationalists and brexiters who like to blame everyone else and "society" becsuse they have zero entrepreneurship and creativity.

Euro in the meantime is killing it.

In fact it is killing it a bit too much. EURGBP is completely shitting over the GBP is a given but even the EURUSD has been going crazy.

ITT: trumptards who know nothing about uk politics and unironically like Theresa May

>>3228913
I have read an article that said that the EURO was even undervalued.
https://www.poundsterlinglive.com/gbp-live-today/7387-fast-money-driving-pound-to-euro-exchange-rate-lower

>>3228888
>Will it become that bad?

If they would had a plan and EU would be willing to let them go unscratched, it might be just "bad".

EU has (reasonably) no intention to let them out on their terms, but is willing to negotiate. But they have no plan to negotiate over. They fucked it up royal, it is a joy to see all the brexiteers now waddle back.

It wont be bad for UK.
It will be worse.

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>>3228977
So do you expect the Sterling will lose even more? It already lost 18% of it's worth since it's peak in January 2016.

I kept a good look on the currency to see a moment where I can hop on.

>>3228917
The only posts in here are by geniuses who think a favourable exchange rate crashes your economy.

>>3229019
Well, it certainly isn't good for the british households. But I wanted to buy some Sterling to make a small profit the next year.

>>3229004
>So do you expect the Sterling will lose even more?

Hard to tell, really. My bet would be around 23-25% in the next year, depending on how hard they fuck it up. As I wholeheartedly wish for them to crash even further, it might be a bit of my own wishfull thinking, so I would assume it more to be around 20-21.

As a european, I just cannot stop laughing at the brittards wanting to lose their rights in the EU for a sure ticket to an economical crash.

>3229121
So you expect a rate of 1GBP for 1EUR?

>>3229121
So you expect a rate of 1GBP for 1EUR?

>>3228823
When chinese whales stop dumping GBP and start accumulating

>>3229189
And that is when?
I thought the Chinese investors are buying up properties now. Since houses are way cheaper for them now

>>3229166
>So you expect a rate of 1GBP for 1EUR?
Possibly, yes. Not until late 2018, but if they dont get their shit together (which they wont - we are talking about the brexiteers), it will happen.

Another year, after that people will start realizing the UK isn't ever leaving the EU and it'll start recovering.
I think the UK leaving the EU will become one of those tid-bits that was meant to happen but never did like peace between NK & SK when the Korean war ended.

>>3229215
Will they again in 2019? I don't think it will be the 10:13 but if it is 10:12 I can make 20% profits in 2 years. Shall I start buying some british pounds now it is at 100:108 or should I wait for 2018?

>>3229236
I don't think EU will accept that. Since they triggered article 50 they will have to join again.
And the European law changed with the opt-outs they first had in 2001. All countries that join have to join Schengen and EURO.

If that happens the Government will have to buy up all the pounds.

>>3229240
If you think the negotiations will stay a hilarious fuckfest with no goal or improvements until the time is up, wait until mid 18.

If you think the negotiations will somehow work and after 2 years they will have a solid foundation for a functional economical framework to ensure further trading with the EU not so much different from the one they use right now, then I would not wait.

Simple as that.

>>3229286
So if I buy 1850 Sterling now and they will make enough progress at the end of 2018 I can make €150 euros at the beginning of 2019? If they manage to gain 0,1 euros per pound.

Or will it be more reasonable to wait till it is 1:1 and buy 2000pounds in the hope it will gain 0,1 euros per pound? That way I wil make €200. But I dont expect the pound dropping that low to be honest.

I know that it will gain at some time in the future but I don't want to buy too high and not wait too long.

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>>3229351
>But I dont expect the pound dropping that low to be honest.

There you have your answer.

>>3228844
Nothing wrong with isolationism just look at Japan, hopefully something will be done about the millions of muslims and africans in england

>>3229377
Well, if you are right that the negociations will lie flat I could make quite some more and with less risk. Do you think it's reasonable to drop?

As someone from the UK experiencing news on this on a constant basis. The general picture atm is we aren't currently too affected (since nothing has changed atm other than currency value). But when the day comes, its emotional trading if you think the pound is going to go up when brexit day is actually here. There will be at max 1 negotiated trade deal with the EU. And trade is going to suffer no matter how you look at it.

>>3229438
Bringing /pol/ tier economic arguments into this is guaranteed to lose you money.

>>3229081
Oh really? Unemployment levels are at their lowest in 40 years.

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>muh globalism will make UK suffer for wanting sovereignty
>only white nationalists want borders and representation
This thread needs delousing.

>>3229438
>>3229458

So is it a good or bad idea to buy Sterling according to a brit?

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>>3229403
>Muh racial prejudice
Financial crisis, core industry leaving the country, higher unemployment, lower economical growth (or even decline), laughing stock of whole europe with no way to turn back on having the special rights within the EU the iron lady fought so hard for.

But hey - less sandniggers in the neighbourhood.
Kek.

>>3228823
This is the result of retarded frogposting, alt-right faggots who think they're doing something smart in national politics. This type of shit will happen to the United States also. Screencap this.

>>3229473
Well I was more talking about importanted goods since Britain is an importing nation.

>>3229480
???

>>3229430
I would not write off the possibility, as do many others.

But if I would be supposed to bet on it, I would not do it. I know and admit that some of my animosity towards this whole stuff might cloud my estimation, so dont buy so much into it.

>>3229484
Personally I'd wait, some experts are saying it'll go lower soon (maybe even parity with €). I'm pretty passionate about remaining in EU myself, mostly for economic reasons. But I wish I'd have profited from the sudden drop in the pound.

>>3229572
mmmh, thanks anon. Maybe I will wait a couple months to see again. I think it's normal to see it at least rise to 1,15 again in the future so maybe i'll buy at 1,05

>>3229494
A price worth paying

>T. Brit

>>3229582
Well technically you did, if you go to the UK now you can get some cheap british stuff.

But I wish I went short on the pound earlier

>>3229619
At this point Brits are in Denial. They will keep their heads in the sand and hope for recovery.

If they just admitted it was a fucking stupid idea we would make progress.