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Pound Plummets To New Lows; British Banks Halted After Crashing
zerohedge.com ^
| June 27, 2016
Posted on 06/27/2016 4:22:34 AM PDT by Helicondelta
After a modestly stronger open, which saw sterling rebound to just under 1.35, the British currency has taken another sharp leg lower in recent trading tumbling another 3%, to a low of 1.3224 - taking out Friday's post-vote lows when the currency plunged over 8% - and dropping to fresh 31 year lows, as it remains under heavy selling pressure as of this moment.
(Excerpt) Read more at zerohedge.com ...
TOPICS: News/Current Events; United Kingdom
KEYWORDS: banking; brexit; brexitwins; currency; pound; stockmarket; ukbanks
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To: Helicondelta
Fools panic, wise men buy.
To: Helicondelta
3
posted on
06/27/2016 4:24:50 AM PDT
by
Ann Archy
(ABORTION....... The HUMAN Sacrifice to the god of Convenience.)
To: Ann Archy
Yeah, I might do a travel there in August for a few weeks because of this :)
4
posted on
06/27/2016 4:31:12 AM PDT
by
Eurotwit
(u)
To: Helicondelta
5
posted on
06/27/2016 4:45:08 AM PDT
by
gartrell bibberts
( White privilege...the harder I work, the more privileged I become.)
To: Helicondelta
Why am I thinking the pound is being manipulated here by certain malicious individuals?
Got no hard proof, but I just can’t shake that feeling.
Independence must be punished!!
To: gartrell bibberts
“Soros at work - again.”
Just what I was thinking, he will likely double his net worth after this.
7
posted on
06/27/2016 4:46:59 AM PDT
by
2001convSVT
(Going Galt as fast as I can.)
To: canuck_conservative
I’m quite sure your suspicions are correct.
8
posted on
06/27/2016 4:57:11 AM PDT
by
Paulie
(America without Christ is like a Chemistry book without the periodic table.)
To: Helicondelta
I might buy a Mini Cooper or a Land Rover... might be affordable now
9
posted on
06/27/2016 5:00:47 AM PDT
by
lavaroise
(s)
To: canuck_conservative
Paging Mr. Soros?
Or is he done messing with the pound?
To: Helicondelta
That’s like saying a freshly scraped knee is bleeding. They try to make much of it in order to scare the rest of three EU into compliance. When things settle down a bit, it won’t work for them.
11
posted on
06/27/2016 5:03:30 AM PDT
by
trebb
(Where in the the hell has my country gone?)
To: Helicondelta
Omelets require eggs to be broken.
12
posted on
06/27/2016 5:05:00 AM PDT
by
VTenigma
(The Democrat party is the party of the mathematically challenged)
To: Helicondelta
Not even statistically significant. I thought for sure the world was going to end with brexit. Congrats to the Brits!
13
posted on
06/27/2016 5:05:23 AM PDT
by
patq
To: Helicondelta
My daughter is finishing up a three year post-doc fellowship at Cambridge. She’s losing money on this, a 10% cut in her salary as of now. She’s just glad it happened at the tail end of her fellowship.
14
posted on
06/27/2016 5:05:52 AM PDT
by
stayathomemom
( Read Shadow Men and The Progressive Virus by Dr. Anthony Napoleon)
To: Ann Archy
Time to visit England!Watch out for Muslims.
15
posted on
06/27/2016 5:06:56 AM PDT
by
Lazamataz
(Hillary: "Weapons of war have no place on our streets."... Laz: "Muslims are weapons of war.")
To: Lazamataz; Ann Archy
Time to visit England! Watch out for Muslims.
Avoid London.
16
posted on
06/27/2016 5:10:46 AM PDT
by
DungeonMaster
(Rebellion is as the sin of witchcraft.)
To: Helicondelta
Have you ever wondered why they halt trading when stocks go way down—but never halt trading when stocks go way up...
Think about it.
P.S. If you like gambling visit your local casino—it is a fairer game than the stock market.
17
posted on
06/27/2016 5:14:15 AM PDT
by
cgbg
(Epistemology is not a spectator sport.)
To: DungeonMaster
I spent a week in York and surrounding areas early this month. I think I only saw one person wearing a hijab the entire time I was there.
18
posted on
06/27/2016 5:22:43 AM PDT
by
stayathomemom
( Read Shadow Men and The Progressive Virus by Dr. Anthony Napoleon)
To: Helicondelta
When the game is not going your way, have a temper tantrum and turn over the chess board.
/s
To: Ann Archy
They should give out hunting licenses for the Muslim ‘no-go’ zones to spur American tourism
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