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Jim Wille:- The BOE are a joke!

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  • Jim Wille:- The BOE are a joke!

    Not sure if am allowed to post Jim Wille here/
    http://news.goldseek.com/GoldenJackass/1255640400.php

    On a personal note, things seem to gaining speed Crash wise here in the UK.
    Mike

  • #2
    Re: Jim Wille:- The BOE are a joke!

    Why the massive rally in the pound versus USD?

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    • #3
      Re: Jim Wille:- The BOE are a joke!

      I mean the rally in cable.

      I love classic terms:

      What Does Cable Mean?
      Slang used among forex traders referring to the exchange rate between the U.S. dollar and the British pound sterling. Because it is the norm in forex for most major currencies to be quoted against the U.S. dollar on a regular basis, "cable" is a commonly used term.

      "Cable" can also be used to refer simply to the British pound sterling.

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      • #4
        Re: Jim Wille:- The BOE are a joke!

        Central bank intervention.
        Mike

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        • #5
          Re: Jim Wille:- The BOE are a joke!

          Thought it was "cable" because in the beginning the quotes came via the cross-atlantic telegraphic cable and gbp/usd was the major then.

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