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Thread: bloody banks

  1. #1
    Respected Member subseastu's Avatar
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    bloody banks

    I get paid in dollars and today the trading rate is 1.647. I worked out that Santandar the exchange is 1.72!!!!!!!1 I've lost a considerable amount of money this month and the word is they expect the exchange rate to go to 1.85ish!!!

    All I want is the dollar and pound to go 1 for 1 and the pound peso to hit 100 to one. Oh and for the banks to spot taking the piss!!!!

    Its not too much to ask is it?
    It's been emontional


  2. #2
    Administrator KeithD's Avatar
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    I predicted over 12 months ago that the exchange rate would shift from 1.5 to 1.7 within 2 years. 1.7 is actually the long term £/$ average. As the world economies settle down into pre-2008 problems it will rise further, but won't hit 2.

    You've not actually lost any money, but over the last 18 months you've been getting paid a bonus well over the normal amount.
    Keith - Administrator


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    ask them if they can pay you in gold coins, that is going up in value every day due to the uncertainty over oil and currencies


  4. #4
    Administrator KeithD's Avatar
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    Gold is looking like it'll start dropping soon. People in the US are already starting to cash out, if that trend picks up over the coming weeks
    Keith - Administrator


  5. #5
    Respected Member subseastu's Avatar
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    gold cannot maintain these high levels for much longer, unfortunately alot of countries stabalise their currencies off the back of their gold reserves which may explain why gold has been so high through this recession.

    still doesn't excuse santan-bloody-dar of ripping me off 7p in every dollar.
    It's been emontional


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