Barclays Share Discussion Threads

[suejarvie] 22/6/2016 18:42

Lol terminated..I agree 100% well put!!

[smurfy2001] 22/6/2016 18:14

I managed to reduce my CFD holdings in Barclays today.

Bit of a relief as my margin doubled.

[terminated] 22/6/2016 17:49

The really sad thing in all this is that porty (who is a wind up merchant) and chris think they can actually influence peoples opinions by ranting out the same things over and over again. Give your ego's a rest FFS.

[kenbachelor] 22/6/2016 17:30

Christh - I've just read the post and was about to say the same thing. Isn't it nice when somebody writes something sensible.

Even if it is off topic, welcome to the land of Barclays Vincemeister.

[christh] 22/6/2016 16:09

Vincemeister
What an excellent post.
Very good, at least we have people who see sense.
Thanks and welcome to the board.

(Ken, Apologies, I do not own the thread)

[reimomo] 22/6/2016 15:24

christh, thanks for all the info and links. According to the betting odds I reckon we have this one in the bag.

Most of the population will see sense tomorrow, and we won't become isolated olde little englande, with a crashing economy and currency.

Hopefully that will put the entire tiresome thing to bed, and tedious xenophobes like Farage out of a job. For a while at least.

[christh] 22/6/2016 14:02

Soros warns of 'Black Friday'



Soros meanwhile warned that a UK exit from the European Union could trigger a shock for the pound even more powerful than 1992's 'Black Wednesday', when currency speculators forced the government to pull the pound from the European exchange rate mechanism (ERM).

Writing in the The Guardian newspaper, Soros said: ‘Sterling is almost certain to fall steeply and quickly if "leave" wins the referendum.

‘I would expect this devaluation to be bigger and also more disruptive than the 15% devaluation that occurred in September 1992, when I was fortunate enough to make a ­substantial profit for my hedge fund investors at the expense of the Bank of England and the British government.’

The ERM was a system for tying the pound and other currencies' values to that of the German mark.

Soros was among the speculators who sensed the ERM was under pressure and heavily shorted the pound while Britain increased interest rates to keep the currency attractive.

Britain eventually had to leave the ERM when it realised the costs were too high. Soros made about $1 billion.

After leaving the ERM the pound fell but then rose again and the UK has since enjoyed more benign inflation.

Soros warned that as in 1992, speculators who had bet on the UK leaving the EU would make huge gains, while leaving ‘most voters considerably poorer’.

However, he said the UK was in a much weaker position to recover than in 1992, with a little room to cut interest rates and a larger deficit. He also argued that UK exporters would struggle to capitalise on a weak pound due to the uncertainty caused by a "leave" vote.

‘Too many believe that a vote to leave will have no effect on their personal financial positions. This is wishful thinking. If Britain leaves the EU it will have at least one very clear and ­immediate effect that will touch every household: the value of the pound would decline ­precipitously. A vote to leave the EU would also have an immediate and dramatic impact on financial markets, investment, prices and jobs,’ Soros said.

‘A vote to leave could see the week end with a Black Friday and serious consequences for ordinary people.’

[johnwise] 22/6/2016 13:17

Barclays promotes top investment bank strategist




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[christh] 22/6/2016 10:28

diku 22 Jun'16 - 10:20 - 117893 of 117894
Say hello to the sheep for me!...

Can I, please, borrow your wellies?

[christh] 22/6/2016 10:22

Portside,
Did you buy your euros?

The pound is 1.29 euros today...It will buy you many sangrias or teckilas or Spanish wine.
Think what it will buy you if you vote to leave with maybe £1 =1 euro

So be careful what you sprout out of your mouth and be sensible.

VOTE TO REMAIN is the only decision to make.

[diku] 22/6/2016 10:20

Say hello to the sheep for me!...

[christh] 22/6/2016 10:16

portside1 22 Jun'16 - 09:15 - 117879 of 117890
off to spain tomorrow

I thought you do not like Europe, you hypocrite.

What's wrong with the caravan in Norfolk or Devon or Scotland or the Lake District.

This is where I go because we have a lovely country and I do enjoy going there.

[kenbachelor] 22/6/2016 10:16

Portside - If you say Christh's posts are over the top, I think that's a bit like 'the pot calling the kettle black'.

[portside1] 22/6/2016 10:02

the vote is 58% IN THAT IS THE RESULT

now wait for the new laws from brussels and the veto to stop the uk stopping benefits to migrants

vote in 58%

[portside1] 22/6/2016 09:50

that would be a great op to buy more

[portside1] 22/6/2016 09:48

ken christh posts are over the top . I do not like to filter so hope its back to normal after tomorrow

[informant100] 22/6/2016 09:46

begin with, it was the famous U.K. war leader Winston Churchill who was one of the first to call for a "United States of Europe", back in 1946.

[christh] 22/6/2016 09:33

diku
YES ,THIS IS THE REMAIN THREAD

[diku] 22/6/2016 09:29

Is this the Vote Remain thread?....