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Old 9th February 2010, 08:04   #11 (permalink)
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Re: Sterling saving account

Work in our favour ?? Whatever gave you that idea ?? haha.
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Old 9th February 2010, 08:12   #12 (permalink)
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Re: Sterling saving account

i normally bring pounds in hand on my trips home and convert them into gold at an agreed rate which is normally higher than the doviz rate-the currency dealer owns the gold dealership and makes his money on the normal gold deal(about 2pc)--gold avoids the exchange trap of the pound and lira rates-it has proved always inflation proof and very easily traded-i think i will just watch the pound and lira rate til it reaches 2,5 to a gbp--if it ever gets there! if not fill my pockets with cash and feel rich on my flight!!
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Old 9th February 2010, 09:12   #13 (permalink)
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Re: Sterling saving account

Hasnīt gold fallen 10% in the last two months?

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Old 9th February 2010, 11:21   #14 (permalink)
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Re: Sterling saving account

but it gained about 20pc from august to january-i made about 30pc in 14 months and sold my last holding in august just before it went up again--it peaks and then plateaus but continues to climb year on year--i sold at 1oz 1450tl then it shot up to 1800tl and now it is about 1620 and plateauing-i would be tempted at 1600tl but dont quote me!-turks either buy gold or property at the moment as safe havens against the risks of their currency.-it used to be dollars as well.
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