Thursday, 25 February 2010

All eyes are on Greece and the Euro. But watch the British Pound.

Just one pertient snip from the article linked for you below:

Jim Rogers, the millionaire financier, went further warning that the pound could "collapse" within weeks, heralding a downturn worse than 2008/09 and in turn leading to a "global economic winter".


Read it and weep here:

http://www.telegraph.co.uk/finance/currency/7317671/Stheeman-sees-no-risk-of-UK-debt-crisis-as-sterling-slides.html

I refer you again to my recent observation of the chart technicals of the British Pound, here.

Plus also my observation earlier today on the Baltic Dry Index, which I would say is a good leading indicator of global economic strength (or otherwise). Here.

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