The POUND is at 1.39 right now - GoFuckYourself.com

marketsmart · 01-20-2009, 07:45 AM

will the dollar gain more ground on the GBP?

i think so...

grumpy · 01-20-2009, 07:46 AM

no, pound is going down, put it aginst the euro

eroticsexxx · 01-20-2009, 07:48 AM

The UK is finished...

marketsmart · 01-20-2009, 07:49 AM

Quote:

Originally Posted by grumpy

no, pound is going down, put it aginst the euro

the dollar gaining ground means the pound going down..

marketsmart · 01-20-2009, 07:50 AM

Quote:

Originally Posted by eroticsexxx

The UK is finished...

i dont know about finished, but they are definitely getting ready to feel the pain...

O MARINA · 01-20-2009, 07:55 AM

Quote:

Originally Posted by marketsmart

the dollar gaining ground means the pound going down..

xxxfeetxxx · 01-20-2009, 07:58 AM

The weakening pound actually makes UK webmasters getting their income in US dollars better off. Not long ago 200 dollars was worth 100 pounds, now it's more like 140 pounds. That's a big increase. Of course the downsize is buying content or services in dollars is equally more expensive...

buzzy · 01-20-2009, 08:00 AM

Our economy is beyond repair and is in worse shape than alot of other countries. Empires rise and fall people.

Where are the romans now?

The Victorian · 01-20-2009, 08:00 AM

Oh lovely. Dollars to Pounds and Pence and then Pounds, Shillings and Pence for me.

Ethersync · 01-20-2009, 08:09 AM

Quote:

Originally Posted by marketsmart

will the dollar gain more ground on the GBP?

i think so...

The dollar is going straight up this year against the Euro and Pound. Then some time in the not so distant future it will come crashing down to earth.

The UK is absolutely and completely FUCKED. They will need another IMF loan just like they did in '74.

One other possibility, though many of you will call me crazy, is the Euro does not last through this crisis. At the very least we will almost certainly see countries make moves to get OUT of the Euro.

Scott McD · 01-20-2009, 08:34 AM

Quote:

Originally Posted by xxxfeetxxx

The weakening pound actually makes UK webmasters getting their income in US dollars better off. Not long ago 200 dollars was worth 100 pounds, now it's more like 140 pounds.

Yup, i've noticed a big difference. So it's not all bad i guess...

DamageX · 01-20-2009, 08:34 AM

Quote:

Originally Posted by marketsmart

the dollar gaining ground means the pound going down..

The USD is getting stronger against all currencies, while the GBP is getting weaker against the same. Your statement wouldn't hold true if both were getting stronger against all currencies.

John-ACWM · 01-20-2009, 08:37 AM

Euro and dollar up

tranza · 01-20-2009, 08:42 AM

It's all about money dude!

Shaze · 01-20-2009, 08:42 AM

i still don't understand why the hell the USD is going strong with the financial crisis in the US. is it that bad also in other parts of the world??? Euro/USD is about to hit a 52-week low if the trends continue. are we going to see 1 for 1 ??

i actually think the USD should be tanking.

Fat Panda · 01-20-2009, 08:45 AM

go buck go

HorseShit · 01-20-2009, 08:45 AM

USA economy better than it has ever been

DamageX · 01-20-2009, 08:48 AM

Quote:

Originally Posted by Shaze

i still don't understand why the hell the USD is going strong with the financial crisis in the US. is it that bad also in other parts of the world??? Euro/USD is about to hit a 52-week low if the trends continue. are we going to see 1 for 1 ??

i actually think the USD should be tanking.

The economy is in the shitter all over the world, yes.

marketsmart · 01-20-2009, 08:49 AM

Quote:

Originally Posted by DamageX

The USD is getting stronger against all currencies, while the GBP is getting weaker against the same. Your statement wouldn't hold true if both were getting stronger against all currencies.

read my first post.. i said usd to gbp...

and the dollar has taken a beating against the yen, so the dollar is not get stronger there..

a1ka1ine · 01-20-2009, 08:59 AM

not so bad for uk webmasters, but now i feel like a poor ass when i step outside of england. i like a strong dollar tho.

GetSCORECash · 01-20-2009, 09:12 AM

Quote:

Originally Posted by eroticsexxx

The UK is finished...

Quote:

Originally Posted by marketsmart

the dollar gaining ground means the pound going down..

The US will bail them out. All we have to do is print more money!

Sarah_Jayne · 01-20-2009, 09:16 AM

Just have to pray not to have to enter the real job market here because it is going to get really messy.

*off to work harder*

Tim · 01-20-2009, 09:23 AM

Quote:

Originally Posted by Sarah_MaxCash

Just have to pray not to have to enter the real job market here because it is going to get really messy.

*off to work harder*

Precisely

NetwErk GUrl · 01-20-2009, 09:28 AM

Quote:

Originally Posted by Shaze

i still don't understand why the hell the USD is going strong with the financial crisis in the US. is it that bad also in other parts of the world??? Euro/USD is about to hit a 52-week low if the trends continue. are we going to see 1 for 1 ??

i actually think the USD should be tanking.

I'm not an investment banker or anything, but this is the way I understand it in very, very basic terms:

There are investors out there (lots of them) with so much money that they can't physically house their money if they were to try to pull out of investing. They can't stuff a billion dollars in a mattress, so to speak. These investors have their money in the market and it has to stay there.

With banks tanking and going out of business, these investors are so afraid of corporate investments that they'll put their money into US bonds with a promise of very little or no return, thereby effectively loaning America their investment money for free. They kind of see US Bonds as the equivalent of stuffing their billions in a mattress, so they're willing to do this just to keep what they have for now. People wanting to invest in these bonds makes the USD stronger. So the USD is actually stronger in a financial crisis where investment alternatives look like terrifying money pits.

pornguy · 01-20-2009, 09:31 AM

For those of you with the cash. This is one HELL of a way to make some more...

Ethersync · 01-20-2009, 09:37 AM

Quote:

Originally Posted by NetwErk GUrl

I'm not an investment banker or anything, but this is the way I understand it in very, very basic terms:

There are investors out there (lots of them) with so much money that they can't physically house their money if they were to try to pull out of investing. They can't stuff a billion dollars in a mattress, so to speak. These investors have their money in the market and it has to stay there.

With banks tanking and going out of business, these investors are so afraid of corporate investments that they'll put their money into US bonds with a promise of very little or no return, thereby effectively loaning America their investment money for free. They kind of see US Bonds as the equivalent of stuffing their billions in a mattress, so they're willing to do this just to keep what they have for now. People wanting to invest in these bonds makes the USD stronger. So the USD is actually stronger in a financial crisis where investment alternatives look like terrifying money pits.

Apparently a lot of the TARP money going to banks is being put in short term treasury bonds as well.

Also, something like 70% of the debt in the world is denominated in dollars. Liquidating the bad debt creates a demand for dollars which cause the dollar to continue to go up.

Ethersync · 01-20-2009, 09:39 AM

Quote:

Originally Posted by pornguy

For those of you with the cash. This is one HELL of a way to make some more...

During a deflationary depression, which is where we seem to be going, cash is king and credit is a noose.

F-U-Jimmy · 01-20-2009, 10:34 AM

Quote:

Originally Posted by Shaze

i still don't understand why the hell the USD is going strong with the financial crisis in the US. is it that bad also in other parts of the world??? Euro/USD is about to hit a 52-week low if the trends continue. are we going to see 1 for 1 ??

i actually think the USD should be tanking.

Its worse in the UK at the moment than the USA

Ethersync · 01-20-2009, 10:35 AM

Quote:

Originally Posted by F-U-Jimmy

Its worse in the UK at the moment than the USA

Much

SayWhut · 01-20-2009, 11:29 AM

I'm loving the fact that i get more squid for the buck! BLAP BLAP

natas · 01-20-2009, 11:31 AM

Quote:

Originally Posted by Sarah_MaxCash

Just have to pray not to have to enter the real job market here because it is going to get really messy.

*off to work harder*

amen sarah

HorseShit · 01-20-2009, 11:45 AM

inching closer

Ross · 01-20-2009, 12:14 PM

I was shocked when I looked this morning. It was at 1.44 yesterday. Yes paying expenses in US Dollars is costing more, but overall income is up in pounds so its not bad at all.

Vendot · 01-20-2009, 12:55 PM

Any of you people thinking your shits on fire when you get more £ from dollar earnings are fucked through the head. It would be okay if the dollar/pound were both strong but the dollar was strong against the pound like pre-2000

Now its just fucked up and its shit because the pound is weakening and buying less and guess what? It continues to fall.... POUND WILL HIT THE GROUND.

Im holding anything but pounds and I dont think i want to hold pounds again for a very very long time. Remember, you do NOT need to hold pounds in order to transact in the UK so why bother, why not hold an account denominated in a less risky currency?

roly · 01-20-2009, 02:18 PM

we've gone through plenty of recessions in the past and came through them and this will be no different, granted this looks like it's going to be a very bumpy ride. the banks will stabilise eventually and start lending again and the housing market will recover. the last time property crashed interest rates were at about 15% and mortgages became unaffordable, this time they're just reluctant to lend but interest rates are at there lowest since records began. but there's still a need for housing.

as far as the pound being weak, this may be helpful for the short term, it makes our exports the cheapest in europe and that might help kickstart the ecconomy.

Vendot · 01-20-2009, 03:42 PM

Quote:

Originally Posted by roly

as far as the pound being weak, this may be helpful for the short term, it makes our exports the cheapest in europe and that might help kickstart the ecconomy.

Question is, how long is the list of things we export? Is it a short list? I'll bet it is.

TheDoc · 01-20-2009, 03:50 PM

America's hype of death is all the media. We have been in far far worse situations from housing, war, money, eco, dollar value, markets, all of it. It isn't bad, that's why our dollar is strong.

We are at like 2% of bad, and still have 98% to go.. and prob 50% to go just to catch up to the next person. As all the other countries bail out, all money is devalued.. so really, the strong countries stand strong.. and one of those would be America.

TheDoc · 01-20-2009, 03:57 PM

Quote:

Originally Posted by Vendot

Question is, how long is the list of things we export? Is it a short list? I'll bet it is.

Only in the last couple of years have we greatly brought in more than we took out. Like 100% increase in one year. But last I recall it was like 15 trillion in exports from this Country. But the overall increase, from what I remember came from Oil.

We make a ton of shit, we make shit and send it to china so they can put it together, add the made in china stamp to it, add lead paint, and ship it back. Most of the products coming out of China were made possible by American products first.

Pornwolf · 01-20-2009, 04:22 PM

I agree Doc.

I think there's going to be a massive campaign by the administration to remind people to stop thinking so negatively about the economy. That's over half of our problem.

scottybuzz · 01-20-2009, 04:40 PM

I wish we would have joined the euro, but sovreignty makes that pretty unconvincable. Still as a result of staying with the pound, we can now easily control fiscal and monetry policies. Dont be too surprised if the pound bounces back strong.

Vendot · 01-20-2009, 05:00 PM

Quote:

Originally Posted by TheDoc

We make a ton of shit, we make shit and send it to china so they can put it together, add the made in china stamp to it, add lead paint, and ship it back. Most of the products coming out of China were made possible by American products first.

I think youre talking about America cos we're talking about the UK.

We dont make jack shit.

Vendot · 01-20-2009, 05:05 PM

Quote:

Originally Posted by scottybuzz

I wish we would have joined the euro, but sovreignty makes that pretty unconvincable. Still as a result of staying with the pound, we can now easily control fiscal and monetry policies. Dont be too surprised if the pound bounces back strong.

You right about the "better control" thing but cutting interest rates isnt going to help if the banks dont pass it on..... as regard the pound bouncing back strong, well thats not gonna happen for a long time to come.

If things deteriorate too badly, we may end up joining the euro anyway (if theyll have us).

emjay · 01-20-2009, 05:26 PM

Quote:

Originally Posted by Vendot

I think youre talking about America cos we're talking about the UK.

We dont make jack shit.

Wrong.

Vendot · 01-21-2009, 04:55 AM

http://www.bloomberg.com/avp/avp.htm...dHVsFsuBE4.asf

Pound pressure reaches "nightmare level"

STR$ · 01-21-2009, 05:05 AM

dollar will go up

Stephen McTowelie · 01-21-2009, 05:13 AM

Quote:

Originally Posted by Sarah_MaxCash

Just have to pray not to have to enter the real job market here because it is going to get really messy.

*off to work harder*

Considering our revenue is entirely from the UK for BritishSexContacts we have actually seen an increase in revenue!
I guess this can be attributed to more people staying at home, but its all good for us !

emjay · 01-21-2009, 10:14 AM

Quote:

Originally Posted by marketsmart

will the dollar gain more ground on the GBP?

i think so...

Indeed, 1.36491...

perfectodollars-gabrio · 01-21-2009, 11:01 AM

euro ruless!! ;-)

01-20-2009, 07:45 AM	#1
marketsmart HOMICIDAL TROLL KILLER Industry Role: Join Date: Dec 2004 Location: Sunnybrook Institution for the Criminally Insane Posts: 20,419	The POUND is at 1.39 right now will the dollar gain more ground on the GBP? i think so...

01-20-2009, 07:46 AM	#2
grumpy Too lazy to set a custom title Join Date: Jan 2002 Location: Holland Posts: 9,870	no, pound is going down, put it aginst the euro __________________ Don't let greediness blur your vision \| You gotta let some shit slide icq - 441-456-888

01-20-2009, 07:48 AM	#3
eroticsexxx Confirmed User Industry Role: Join Date: Aug 2006 Location: Nassau, Bahamas Posts: 3,133	The UK is finished... __________________

01-20-2009, 07:58 AM	#7
xxxfeetxxx Confirmed User Join Date: Sep 2005 Location: UK Posts: 4,218	The weakening pound actually makes UK webmasters getting their income in US dollars better off. Not long ago 200 dollars was worth 100 pounds, now it's more like 140 pounds. That's a big increase. Of course the downsize is buying content or services in dollars is equally more expensive... __________________ Chicks In Socks has the hottest sock fetish content. Earn 50% of sign-ups with our webmaster affilate program. Featuring Martina Warren, 2005 Penthouse Pet of the Year. icq:283-645-282 email:webmaster at xxxfeetxxx dot com

01-20-2009, 08:00 AM	#9
The Victorian Registered User Join Date: Jan 2009 Location: Londinium, England Posts: 76	Oh lovely. Dollars to Pounds and Pence and then Pounds, Shillings and Pence for me. __________________ 1 Man, 1 Cup, 1 Saucer and a Cucumber Sandwich.

01-20-2009, 08:00 AM	#8
buzzy Confirmed User Join Date: May 2007 Posts: 2,606	Our economy is beyond repair and is in worse shape than alot of other countries. Empires rise and fall people. Where are the romans now?

01-20-2009, 08:37 AM	#13
John-ACWM Work Work Work Industry Role: Join Date: Nov 2008 Location: EU Posts: 20,060	Euro and dollar up __________________ Video Chat Forum

01-20-2009, 08:42 AM	#14
tranza ICQ: 197-556-237 Join Date: Jun 2003 Location: BRASIL !!! Posts: 57,559	It's all about money dude! __________________ I'm just a newbie.

01-20-2009, 08:42 AM	#15
Shaze Confirmed User Join Date: Oct 2003 Location: Cyberspace Posts: 2,662	i still don't understand why the hell the USD is going strong with the financial crisis in the US. is it that bad also in other parts of the world??? Euro/USD is about to hit a 52-week low if the trends continue. are we going to see 1 for 1 ?? i actually think the USD should be tanking. __________________ Adult Search Engine Japanese Porn Thai Porn

01-20-2009, 08:45 AM	#16
Fat Panda Porn is Dead. Move along. Industry Role: Join Date: Aug 2006 Posts: 13,295	go buck go

01-20-2009, 08:45 AM	#17
HorseShit Too lazy to set a custom title Join Date: Dec 2004 Posts: 17,513	USA economy better than it has ever been

01-20-2009, 08:59 AM	#20
a1ka1ine Confirmed User Industry Role: Join Date: Apr 2002 Posts: 3,387	not so bad for uk webmasters, but now i feel like a poor ass when i step outside of england. i like a strong dollar tho.

01-20-2009, 09:16 AM	#22
Sarah_Jayne Now with more Jayne Industry Role: Join Date: Dec 2002 Location: Los Angeles Posts: 40,077	Just have to pray not to have to enter the real job market here because it is going to get really messy. off to work harder

01-20-2009, 09:31 AM	#25
pornguy Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Homeless Posts: 62,911	For those of you with the cash. This is one HELL of a way to make some more... __________________ PornGuy skype me pornguy_epic AmateurDough The Hottes Shemales online! TChicks.com \| Angeles Cid \| Mariana Cordoba \| MAILERS WELCOME!

01-20-2009, 11:29 AM	#30
SayWhut Confirmed User Join Date: Jan 2008 Location: United Blingdom Posts: 962	I'm loving the fact that i get more squid for the buck! BLAP BLAP

01-20-2009, 11:45 AM	#32
HorseShit Too lazy to set a custom title Join Date: Dec 2004 Posts: 17,513	inching closer

01-20-2009, 12:14 PM	#33
Ross Ik ben een aap Industry Role: Join Date: Sep 2002 Location: Traffic Force Towers, Canada! Posts: 18,874	I was shocked when I looked this morning. It was at 1.44 yesterday. Yes paying expenses in US Dollars is costing more, but overall income is up in pounds so its not bad at all.

01-20-2009, 12:55 PM	#34
Vendot Confirmed User Industry Role: Join Date: May 2002 Location: Malaysia Posts: 3,376	Any of you people thinking your shits on fire when you get more £ from dollar earnings are fucked through the head. It would be okay if the dollar/pound were both strong but the dollar was strong against the pound like pre-2000 Now its just fucked up and its shit because the pound is weakening and buying less and guess what? It continues to fall.... POUND WILL HIT THE GROUND. Im holding anything but pounds and I dont think i want to hold pounds again for a very very long time. Remember, you do NOT need to hold pounds in order to transact in the UK so why bother, why not hold an account denominated in a less risky currency?

01-20-2009, 02:18 PM	#35
roly Confirmed User Join Date: Aug 2002 Posts: 1,844	we've gone through plenty of recessions in the past and came through them and this will be no different, granted this looks like it's going to be a very bumpy ride. the banks will stabilise eventually and start lending again and the housing market will recover. the last time property crashed interest rates were at about 15% and mortgages became unaffordable, this time they're just reluctant to lend but interest rates are at there lowest since records began. but there's still a need for housing. as far as the pound being weak, this may be helpful for the short term, it makes our exports the cheapest in europe and that might help kickstart the ecconomy.

01-20-2009, 03:50 PM	#37
TheDoc Too lazy to set a custom title Industry Role: Join Date: Jul 2001 Location: Currently Incognito Posts: 13,827	America's hype of death is all the media. We have been in far far worse situations from housing, war, money, eco, dollar value, markets, all of it. It isn't bad, that's why our dollar is strong. We are at like 2% of bad, and still have 98% to go.. and prob 50% to go just to catch up to the next person. As all the other countries bail out, all money is devalued.. so really, the strong countries stand strong.. and one of those would be America. __________________ ~TheDoc - ICQ7765825 It's all disambiguation

01-20-2009, 04:22 PM	#39
Pornwolf Drunk and Unruly Join Date: Jan 2002 Location: Hollywood Posts: 22,712	I agree Doc. I think there's going to be a massive campaign by the administration to remind people to stop thinking so negatively about the economy. That's over half of our problem. __________________ I've trusted my sites to them for over a decade... Webair, bitches.

01-20-2009, 04:40 PM	#40
scottybuzz Too lazy to set a custom title Industry Role: Join Date: May 2006 Location: NY Posts: 14,800	I wish we would have joined the euro, but sovreignty makes that pretty unconvincable. Still as a result of staying with the pound, we can now easily control fiscal and monetry policies. Dont be too surprised if the pound bounces back strong. __________________ $$$$$ MAKE HUGE MONEY IN CAMS - CLICK HERE $$$$$

01-21-2009, 04:55 AM	#44
Vendot Confirmed User Industry Role: Join Date: May 2002 Location: Malaysia Posts: 3,376	http://www.bloomberg.com/avp/avp.htm...dHVsFsuBE4.asf Pound pressure reaches "nightmare level"

01-21-2009, 05:05 AM	#45
STR$ Confirmed User Join Date: Aug 2008 Posts: 5,645	dollar will go up

01-21-2009, 11:01 AM	#48
perfectodollars-gabrio Confirmed User Join Date: Jun 2003 Location: www.perfectodollars.com Posts: 3,811	euro ruless!! ;-)