Desperate innit.

Markets are always volatile in times of uncertainty. Volatility means going up and down. I'd like to see those graphs in a couple of years, not a couple of days.

I wouldnt.

I can't be arsed. Especially given the bollocks spouted on here recently. It's only a day since you were telling us about the doom and gloom of the crashing markets. Well surprise surprise it's recovered. By the way, if I knew what it would look like in 12 months I wouldn't be wasting my time on here I'd be the new wolf of Wall Street.

I looked at THESE graphs before I voted.

https://ig.ft.com/sites/the-uk-in-europe/

One persons predictions. Big on the detail of pro remain argument but awash with sweeping statements.

The problem is the remain campaign had facts because they had reality.

The leave campaign only had uncertainty, and it appears quite staggering lies.

Yet I accept it was enough to get people to vote for it.

Looks more like cliff to me..

Sent from my SM-G900F using Tapatalk

Never mind the fecking graphs, on Cameron's advice I've been filling sandbags and bought a nuclear fallout shelter and told all the family not to answer the door if the four horsemen of the Apocalypse turn up or the Grim Reaper comes a visiting.... In view of the rain I'm taking no more chances and building an Ark.

In 1972, which was the year prior to us joining the EEC, the pound was worth 2.61 dollars. We were told we were joining the European economic union which had been set up to promote trade between it's members. In 1975 we ratified our membership through a referendum. We were reassured by our politicians that there was no danger of a federal Europe or a political union. Progressively we have moved towards a federal state and progressively the dollar has got stronger against the pound.
When the Euro was created we refused to join and were told by the politicians it wasn't in our interest to do so. The pound was pitched at 1.63 euros and has been systematically devalued since.
The EU wants us for what we contribute and anybody who can't see that is slightly blinkered.
They will still want us when all the dust is settled because of all the lucrative trade
they have with us.
We are a net importer and we pay our bills.

Businessmen don't throw trade away easily.

Will there be room for a little un, Snowy?

I don't trust graphs because people manipulate the axis to make changes look bigger. I prefer the Duchamp index. On my last visit to the UK the exchange rate was so bad I bought nothing. This time I will be loading up with multi-packs of high quality socks, under crackers, jeans and maybe some boots. Pound looks knackered to me.

I'm glad you said Ark and not Mr Colonel, as I would have gone to the pet shop asking for a Great Orc!!!!!

What we've seen in the markets is purely based on the result of the referendum. We've not even officially said we're leaving yet. I wouldn't be crowing just yet.

Who cares, as long as those "vermin" at Calais (not my words) can't get in hey. This country is going to hell in a handcart, is shifting to the right and we're all backing it. It'll end in tears.

Farage is doing his best to alienate the very people we need to negotiate with and the Kippers lap it up.

http://www.ft.com/fastft/2016/06/28/far ... arliament/

Turkeys and Christmas has never been so apt.

Here are four examples from the last ten years where the Pound's value against the euro was less than it is now.
These are averages for those years with means the lowest value in each of the years would be a lot less than the average.
2009 1.12
2010 1.17
2011 1.15
2013 1.18

What part of "we haven't left" yet did you not understand? How low would you like the pound to drop?

All of those examples are since the 2008 crash, would you like to go back there, how much more austerity would you like?

How high a price do you want to pay?

I'm afraid there'll have to be two of you, it's the traditional way.

Eh??????????????? I wasn't responding to your post as I hadn't read it. I was merely pointing out that it has been worse.
Wind yer neck in.

I'll bring three dolly birds with me, can you manage two????

My question still stands, you seem to think things are ok, I asked how bad it needs to get before it's too much.

Things were ok, and thats the staggering point.

People have voted to move into the unknown by following a couple of utter fruitloops.

Things may turn out all fine and dandy, but nobody has any idea if it will or how it will.

What I really want to know from the leave voters is this.

How the fuck could you put the countries whole future in the hands of Boris Johnson, and Nigel Farage? Because thats what you have done.

Hang on... Didn't you just say that graphs don't count

Up and down again and again. That's the way the stock market works. Compare the FTSE to 1983 and its 500% higher. What is indisputable is that after two days of uncertainty the figures are heading North again.


By the way, The Labour Party is providing all the mirth I can handle at the moment.

Forget about what you think I think and concentrate on what I say. I have never said anything was ok. I am not a knee jerker, like some on here. Today, on this forum, I said I was concerned and until positivity returns I will remain concerned. I am not, however, getting hysterical and talking like we are all doomed. You, on the other hand,can put your own interpretation on things and I am happy with that. I'll let you know when I think it's too much if that's alright with you.

And they let people like this vote ?

You do know what happened in this country in 2008 and what happened economically on the back of it ?

Actually, fuck it, as a pensioner you probably want another 5 years of austerity because it has fuck all effect on you.[/qu

love you chip.
( the only answer your comments deserve)
And this is from someone who can't even get of his fat arse to vote.
Come on chippy baby, you can do better than that.

I have still to hear from a leaver on here sating anything at all about how this is great and how its all gonna work.

More than half voted leave yet not one has explained why they did.

There must be a reason why they did and why they wont post about it.

And we know its not about immigration at all.

Chip, you've had more to say over this referendum than perhaps anyone apart from The colonel ( I can't be arsed to add the posts up) but, by your own admission you didn't even bother to vote. Why the holy f777 should we take any notice to your shit stirring rants. You haven't got the guts to do what everybody you are criticising did. So why don't you just piss of into oblivion and leave those who did commit to reflect on what they did.

To be fair Mr Derwent abstaining is a perfectly reasonable option in a democracy where you only have two choices. Saying people who don't vote can't have an opinion isn't very democratic at all.

Mmmm. Every treaty since the original European Coal and Steel Community has had, in the preamble, a commitment to an 'every closer union'. Just look at the name changes as evidence:
European Coal and Steel Community;
European Economic Community;
European Community;
European Union.

The Community/Union has always been about politics more than economics; the reason it was created as a coal and steel community was to tie together the industries of war (coal and steel) between France and Germany so that war was impossible. We knew that when we entered, but some politicians lied to us (as is ever the case). We can see the commitment to politics rather than economics in enlargement of the Union. The inclusion of Eastern European Countries was never advantageous for the prosperous West, but was accepted as a means to stabilise democracy in these states.

As for the 'lucrative trade', see my other post. You're also missing an important political point here, evidenced by the response of EU leaders. If they let us leave with a 'good deal', what's to stop other member states trying the same thing? In the interests of the larger Union (which all the big states really believe in, for different reasons; why else would they surrender sovereignty?) they would be prepared to lose a major trading partner.

I could probably accept that If I wasn't aware of the people who have fought and died for the right of all of us to have a say in who represents our views and opinions. However everyone has a right to an opinion and I respect your right as much as I expect you to respect mine.

You say chip isnt entitled to an opinion yet he is one of a very few talking sense and even more to the point is one of a very few actually saying anything.

You have said a lot derwent but I havent read any detail.

I dont know how you voted and dont want to but I keep asking. Can anyone that voted out actually say something about why they did and how its going to work.

Silence and head burying and personal insults isnt cutting it.

Chip has been inundating us with comments and examples of volatility in the financial markets with the emphasis on losses and yet he is quiet on the fact that the ftse has regained nearly all of the previous losses.
If he is so concerned about falling markets, and I share his concern but I don't keep harping on about it, he should now be pleased that they are recovering, as I am.
It's almost as if he is wallowing in market depreciation, along with a few more I might add.
I have got to say that I enjoy reading Dibbles' contributions to this board much more than I enjoy yours or Fatty's

The FTSE is near as makes no difference exactly where it was this time last Thursday.



This is the problem when you form long ranting opinions from googling so called experts. You end up with 14 page threads full of biased statements.

Meanwhile back on planet Earth, the EU needs UK trade and we'll end up as kind of associate members as has been clear for a while.

A bit of good news. The FTSE is now higher than it was before the vote. We will probably have some profit taking, unless the speculators are happy to wait for further rises.

Well I've just paid about £8 more than I did last week to fill the car up, cheers Brexiters

You obviously had less in your tank this week or have driven further!

I've never paid as much as I did today since having the car which was in January. The light only came on today when the missus was on the way home from work, she normally drives with it on for far longer than that as it is physically impossible for her to fill up.

Does your tank hold 160 litres?

I have no idea, my knowledge of cars isn't great. It normally costs about £50-52 to fill up when the light is on today it was £59 something.

It goes and it has a cup holder though.

The price is only rising back towards what it was not that long ago.
What I want yo know is if we're paying fuel duty and VAT is the VAT levied solely on the price of fuel and not on the fuel duty as well.

To cost £8 more, assuming a 3p per litre increase, you must be driving a tanker or making up stuff to discredit the brexiters

Do you have to be this much of a fucking arsehole, all of the time? Just please have a day off.

If you noticed the original post including a laughing smiley thing it was posted as joke. I certainly wasn't 'making stuff up to discredit the Brexiters' that is possibly the saddest statement ever written on the Internet. It could be pure coincidence, it could have been for another reason but it cost more than it has fill to fill up my car than it has for 6 months I've had it. If you seriously think I need to be making stuff up like that then I feel sorry for you. I have the receipt here it's normally £45-47 and today it was nearly £54.

Think the £/$ fluctuations also have a bit to do with it as well like.

From an overseas point of view, here in China, they're fighting to buy the pound.

Monday it was 9.74 yuan to a quid when the markets opened. When the market opened today it was 8.08. The Chinese have devalued 0.93% to stop speculation.

As an aside, back in 2006 when I got here it was 15.8 to the pound. Effectively Sterling has almost halved in a bit less than ten years.

Good for me, maybe not so good for UK.

So only you can make a joke then?, like you need to discredit the brexiters you fuckin arsehole, shall I put a so you know i`m joking or will you get a sense of humour one day?

Dipshit

You really are the worst contributor this message board has ever had and it's the last time you'll get a rise out of me, hopefully if everyone else follows suit you'll go away.

This politics causes some shite.
I abstained and dont giv a fuck if that offends anyone.
You make u own life A bullshktting politician dosent.

Ok, but who do ManU play first this season?

I've just read that the FTSE 250 has lost £31.6 BILLION since the day before the vote.

Nick Leeson tweeted "I got six and a half years for 862 million what will Farrage, Johnson and Gove get!"

Oh and the pound hit a 31 year low against the dollar today.