Friday, October 14, 2016

The British Pound (GBP) Will Likely Go Below $1

The British Pound will continue to depreciate for next couple of years and it will probably go below 1 dollar. The City of London is currently under pressure as Europe is taking business away from the City. 

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

I Cannot See The British Pound (GBP) Going Up

The United Kingdom has a big debts, the United Kingdom has a serious balance of trade problem that is not yet being corrected. I cannot see anything that can make the British Pound (GBP) go up in price now.

Jim Rogers is a legendary investor that co-founded the Quantum Fund and retired at age thirty-seven. He is the author of several investing books and also a renowned financial commentator worldwide famous for his contrarian views on financial markets.

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