British Pound Collapse...Who is NEXT ?

Look at a daily chart back in Nov when she said that crap...it will make you laugh out loud....it was nearly a perfect sell signal. Seriously, it's worth taking a look at.

 

Yes, super-duper models making currency forecasts is pretty laughable. Kind of like some of the predictionists on ET

 

see my post in the thread 'where will the growth come from'.

 

I took the liberty to verify this.. Nov 6th..

lmfao

 

http://www.bloomberg.com/apps/news?pid=20601102&sid=afgIuO.vi8wE&refer=uk

One of the few predictions that was dead on.

 

I think the catalyst will be when Trichet hints that he's going to begin cutting rates.

 

Yay! I diversified 70% out of sterling late last year and out of property in '06. The UK hasn't seen any of the recent drop in commodities as the pound has dropped as quickly as they have, although it was rising at the same time too. I'm seeing forecasts of $1.60 and 1 Euro, but no forecasts for the Yuan which is a shame because it's gone from 15 to 12.4 in 12 months.