is it advisable to buy pounds now?

[somebody]

umm sorry...but i don't understand what you mean... what do u mean that "it would bottom out around 1.4, it will over 1-2 years to pick up to anything near 1.6" and what are these figures...1.4 and 1.6?

u mean it's advisable?

Mr Admin is talking about the ratio between pounds sterling and us dollars.

The dollar and peso are often linked in the way they are valued agaisnt the pound.

[benb]

The dollar and peso are often linked in the way they are valued agaisnt the pound.

Yep! Obama is printing plenty of money, probably too much and much more than Brown. Its only a matter of time when the US currency plunges and other linked currencies to follow.

So if i had the money in Peso, I would buy £££. Its a gamble. Good luck.

[somebody]

Yep! Obama is printing plenty of money, probably too much and much more than Brown. Its only a matter of time when the US currency plunges and other linked currencies to follow.

So if i had the money in Peso, I would buy £££. Its a gamble. Good luck.

Countries and people worldwide generally like the dollar and many countries have dollar ecomonies. Still lots of us bonds being sold.

While the peso may well drop agaisnt the pound it may be for different reasons than the drop in the dollar.