British pound to crash in 2024????!!!!

This cycle says so.

[apieceOfeight]

From Alan Greenspan in 1966: “In the absence of the gold standard, there is no way to protect savings from confiscation through inflation.”

[apieceOfeight]

You don't need an Oxford degree to understand that if you mindlessly give away money for ten years, encouraging people to go into debt, and then suddenly do the exact opposite, the country will go into disarray.

[censorshipBS]

Its already crashed from money printing from lock downs and hand outs

[Abdulkazeem]

If that happens, it could have a significant impact on investment portfolios, especially those with exposure to UK assets.

[tropics]

This is what happens when you tax, regulate and suppress your own people, companies and industries to death….

[pierremchughes]

Of bloody course it's coming, how else can they introduce cbdc?

[fredbassett]

the British pound was based on 1 pound of silver.
today this is over 3 hundred quid....WTF.!

[raypurchase]

I don't think gold is a good investment. In 1980, I bought 12 X sovereigns for marginally less than £1000. They're now worth almost £5000. Sounds good until you compare gold with housing.
I bought my first house for £28, 000 in 1982. That same house is now worth £500, 000.
An even better investment would be to have bought a few Ford Escorts and dry-stored them. Who'd've thought.

[TrendTornado]

When you devalue your currency, you devalue your nation, your assets, your economy. I like that truth! Immigrant and emigrant university graduates know that too from very devalued foreign and local currencies respectively.

[gameram]

We have. Just given 3 billion to Ukraine, the printing machine is pumping out more.

[charliedrake]

Criminals called politicians of hate for our country

[gandhi]

During his brief tenure as Chancellor, Jeremy Hunt has slashed Capital Gains Tax threshold from £10, 000 to £3000 this year, just in time for ever rising inflation, induced largely by the government's own policies and perpetual money printing.

This is how vile the tax of inflation is, and how vile the government is.

[GillerHeston]

In light of the ongoing global economic crisis, it is crucial for everyone to prioritize investing in diverse sources of income that are not reliant on the government. This includes exploring opportunities in stocks, gold, silver, and digital currencies. Despite the challenging economic situation, it remains a favorable time to consider these investments.

[leinad]

Prince Charles still stealing dead estates and getting 185 million pounds sickening

[rodpanhard]

I'm convinced they all go to Davos and discuss plans for everyone to devalue in order to slow the race to the bottom. Cycles do exist, every 7 years a minor financial crisis, every 20 a major one, every 120 years a major war.

[Annie]

Good point.. the market has been crazy lately, a few surprises here and there.. with all the global happenings taking place I think it’s safe to say that a severe global recession is looming..

[MrBonified]

Hi Dominic, it was good to meet you in Bedford. Looks like you're somewhere a bit more tropical now :) I have a roof over my head, 3 months expenses and the rest in Bitcoin. So I'm pretty much in agreement.

[Bangkokrover]

My theory is that all cyclical comparisons of currency will go out the window when the CBDC is launched. Such observations will not have any predictive value. Changing to CBDC will require everybody to convert their existing fiat deposits, and when it comes out in the wash, people will have much less buying power. I.e. the government debt will be inflated away by this operation. It will have a similar but much more powerful effect as the gold confiscation in the USA in the 1930s. All of the western governments are in the same boat and have been coordinating the CBDC move. Even before the 2008 crash, the western governments had lost control of the money supply. Since then, they have been totally reckless, knowing that the debts would never need to be repaid, because it would be magicked away from its middle class citizens. Much of the trillions printed since was channeled to the elites so that they could Hoover up most of the real assets, and otherwise get their financial house in order. That is why the money printing didn’t cause consumer inflation for around 15 years, as it did not affect Main Street. Back in 2008, when Bernanke printed the initial 700 billion, he also said the FED had the tools to mop up when it was appropriate. That tool is the CBDC.

[edwardmclaughlin]

"So, what is coming next? How do you protect yourself?"

Fall-out shelter. Water. Pemmican. Glenlivet.

[classicalmusic]

These doomsday videos are so annoying. The pound soared to a 13-month high against the dollar today, but it's totally on the verge of collapsing in 2024...