UK Forex Secrets customer comments & complaints.
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Duration : 1 min 7 sec
Is it best to buy travellers cheques in the currency of your destination in the UK or to buy UK travellers cheques and change them while on holiday - where would you get the best rate?
You really should look into certain banks. If I exchange Dollars for Euro's at a german banking facitlity I usually get a better rate than if I do it at an American facility. Yet sometimes that changes! I Highly suggest calling a bank in the UK ( preferbly your own) and seeing their rate then call one in the country you are visiting and see whos is better, It truely depends on the bank!
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Iceland, Hungary, Poland, Ukraine, Romania, Turkey, Kenya and many many more faced very recent attacks on their currencies by FOREIGN SPECULATORS.
FROM : US, UK, Switzerland
Iceland was bankrupt:
http://news.bbc.co.uk/2/hi/business/7326063.stm
Currency crashed:
http://www.indybay.org/newsitems/2008/04/12/18492320.php
Romania’s currency was under hard fire and the RON plunged, luckily the Central Romanian Bank had the means, presence of spirit to discover the speculators and stop them:
“It is for the first time that the governor of the National Bank of Romania speaks openly about a speculative attack on the currency market. He did not reveal who was behind the attacks but suspicion hovers around thee big international banks that do not have branches in Romania.”
“The Financial Institutions that started the attack are amongst the ones that have received financial aid from the Occidental governments to be able to face the crisis.”
http://www.standard.ro/articol_64320/isarescu_tries_to_calm_the_stormy_financial_market_waters.html
Rumors have surfaced about the foreign speculators: US investment funds JP Morgan-Chase, UK bank RBS, Unicredit.
Hungary, Ukraine currencies crashed and now are in debt (slaves) to the IMF:
http://fistfulofeuros.net/afoe/economics-and-demography/ukraine-and-hungary-to-receive-imf-loans-while-belarus-joins-the-line/
IMF said Turkey was likely to join the queue for bail-outs very soon.
Turkey’s prime minister Recep Tayyip Erdogan said over the weekend that his country would not “darken its future by bowing to the wishes of the IMF”
Kenya schilling crashed:
http://allafrica.com/stories/200810281088.html
Romanian prime minister had a first reaction to the foreign financial terrorist attack:
I don’t think is normal that foreign banks, saved (bailed-out) with public funds, engage in speculative operations to profit on the back of the Romanian tax payer.”
“It is not moral what’s happening. Of course Capitalism in essence is not moral …”
“Romania should bring this to the attention of the European Union …”
The Prime Minister spoke with the Prime minister in Hungary and Poland in order to establish a common position against speculators, and ensure such attacks can be rejected:
http://www.ziare.ro/1225712999-Romania_Polonia_si_Ungaria_se_aliaza_pentru_a-si_proteja_moneda_nationala_impotriva_speculatiilor
And in the Meantime IMF is starting more rumors about countries economies with the clear goal of destabilizing them. Using the crashed currencies and economies as excuse it has plans to “PRINT IT’s OWN MONEY”
“The nuclear option is to print money by issuing Special Drawing Rights, in effect acting as if it were the WORLD’s CENTRAL BANK”:
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/3269669/IMF-may-need-to-print-money-as-crisis-spreads.html
Duration : 0:7:34
how would they have "flooded", destroyed, if not ruined the American and British economies?
Have you seen the German film "The Counterfeiters"?
The plan was known as Operation Bernhard
"The initial plan was to destabilise the British economy by dropping the notes from aircraft, on the assumption that while some people would hand them in most people would keep the notes, but it was not put into effect … Many were transferred from SS headquarters to a former hotel near Merano in Trentino-Alto Adige/Südtirol, Northern Italy, from where they were laundered and used to pay for strategic imports and to pay German agents."
http://en.wikipedia.org/wiki/Operation_Bernhard#History
http://www.reuters.com/news/video?videoId=91858&videoChannel=5
The party’s over for Iceland, the island that tried to buy the world
The snow has arrived early in Reykjavik after an unusually long and warm summer. The freeze has brought out the ghostly green haze of the aurora borealis - the Northern Lights - the shape of which shifts dramatically across the tiny city’s black skies.
The bars and restaurants of Iceland’s capital are packed, the Range Rovers and BMWs are parked nose to tail all along the streets of the central 101 district, and music is pumping from a black stretch Hummer limousine cruising by.
‘What can we do? Its difficult times but we’ve spent all day talking about it, watching the news getting worse and worse. We had to go out and be with friends. Maybe it’s like the party at the end of the world,’ says Egill Tomasson, 32, sitting in the Kaffeebarinn bar.
Iceland is on the brink of collapse. Inflation and interest rates are raging upwards. The krona, Iceland’s currency, is in freefall and is rated just above those of Zimbabwe and Turkmenistan. One of the country’s three independent banks has been nationalised, another is asking customers for money, and the discredited government and officials from the central bank have been huddled behind closed doors for three days with still no sign of a plan. International banks won’t send any more money and supplies of foreign currency are running out.
People talk about whether a new emergency unity government is needed and if the EU would fast-track the country to membership. On Friday the queues at the banks were huge, as people moved savings into the most secure accounts. Yesterday people were buying up supplies of olive oil and pasta after a supermarket spokesman announced on Friday night that they had no means of paying the foreign currency advances needed to import more foodstuffs.
This North Atlantic volcanic island, which is the size of Cuba, with a population of 320,000 - the size of Coventry’s - is an unlikely player on the global financial stage. It is famous for its fish, geysers and for winning the UN’s 2007 ‘best country to live in’ poll. But Iceland built its extraordinary wealth on the crest of the worldwide credit boom and now the crunch is sweeping it away, bankrupting a people for whom the past eight years have been, for most of them and by their own admission, one long party.
Story continued at:
http://www.guardian.co.uk/world/2008/oct/05/iceland.creditcrunch
Duration : 0:2:3
Recently the foreign exchange reserves in the UK increased dramatically. Explain how and why this situation came about and what risks does the UK face from currency intervention? And Include Havard Refrence format?
This is your homework, right? Well for starters if you Google Bank of England you will get a bit further.
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Monday, June 16th, 2008
The Dollar lost ground to the Euro and Pound following higher consumer inflation data out of the Euro-zone, and a hawkish inflation report from the Bank of England. Also, Dollar bulls were disappointed by the G8 meeting, along with a weaker NY Empire release.
Duration : 0:5:3
We need about USD $1.000.000 for an apartments construction project in South America. We are looking for investors from anywhere in the world. We know about Venture Capital, Angel Investors, Funds, etc. So we need to know which one is the best to get the money. What is the first step to get it. Total ROI (Return on Investment) is about 200%. Very low risk level. We can not get a lot from the local banking system, due to the common unfair interest rates, so we must go for foreign cooperation and at the same time get the benefits of a devaluated local currency by getting the money from a foreign currency, like US Dollars, UK Pounds, Euro, or so.
Thank you all in advance.
Additional and/or any direct help, please write me at my email address. Thanks.
If any company that you are dealing with ever finds out that you were soliciting loan information on Q&A you won't even see their shadows as they leave the building. Check the financial pages of the Wall Street Journal and the International Herald for hard money international loans. Be prepared to bend over!
If you want someone who has great international connections try my friend Norbert, He has a couple of apartment projects going and can at least give you a push in the right direction.
here is his Email.
ngilewsky@gmail.com>
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