and short the Pound in such large quantities that the Bank of England makes a request to him to stop shorting their currency.
When the Brits decide they don’t want to be a part of the EU, the Pound plunges; 3 days later it’s trading at 1.40. Up until now, this is the moment in history that can best be described as a “nuclear moment” for major currency pairs; a 60 handle drop worth $60,000 on a 1 lot.
Of course, we now know that George had inside information from the Chancellor of the Exchequer that Britain had absolutely no intention of joining the EU currency, but in Forex trading the only rule is there are no rules. A cool $6 billion in profits; but I digress…
We all know politicians lie; yesterday I read over at Zero Hedge how the police in Greece are urging people to leave their money in Greek banks and not to participate in a classic run on said banks. After all, it’s a safety issue don’t-cha-know? [Excuse me I have to puke … OK, better now.]
Everybody should know what this means; collapse is imminent. Sometime, over the next 10 weekends, Greece will get kicked out leave the EURUSD; it will happen over a weekend. You wake up Monday morning and there is a new reality from Sunday night.
more,,,,,,,,,,,,,
http://vegasxau.blogspot.com/
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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