Cable Forum - Brexit (Old)

There was nothing wrong in commissioning poll data and using it to short the Pound.
What strikes me as strange was Farage conceding defeat in the knowledge that his private polls said leave would win.

I’d go as far as nothing illegal. However Farage’s statement and the public exit poll manipulated the market.

pip08456

07-01-2019 23:49

Re: Brexit

Quote:

Originally Posted by jfman (Post 35978269)

I’d go as far as nothing illegal. However Farage’s statement and the public exit poll manipulated the market.

So let's get this right. You've a problem with Farage and how the market was manipulated but no problem with George Soros who has been manipultating markets for years?

Quote:

Soros began his business career by taking various jobs at merchant banks in England and then the United States, before starting his first hedge fund, Double Eagle, in 1969. Profits from his first fund furnished the seed money to start Soros Fund Management, his second hedge fund, in 1970. Double Eagle was renamed to Quantum Fund and was the principal firm Soros advised. At its founding, Quantum Fund had $12 million in assets under management, and as of 2011 it had $25 billion, the majority of Soros's overall net worth.

Soros.

https://en.wikipedia.org/wiki/George_Soros

1andrew1

07-01-2019 23:56

Re: Brexit

Quote:

Originally Posted by pip08456 (Post 35978270)

So let's get this right. You've a problem with Farage and how the market was manipulated but no problem with George Soros who has been manipultating markets for years?

Soros.

https://en.wikipedia.org/wiki/George_Soros

So you've no problem with Farage allegedly manipulating the market which has been detailed to you, but you do have a problem with George Soros despite the link you supplied not evidencing manipulation? ;)

pip08456

08-01-2019 00:01

Re: Brexit

Quote:

Originally Posted by 1andrew1 (Post 35978271)

I take note of the"allegedly".

Will add this though.

https://www.investopedia.com/ask/ans...of-england.asp

There are links to others too at the bottom of that page.

For those who don't wish to view the page the title is "How did George Soros break the Bank of England?" and remainers are gioing on about Farage???

jfman

08-01-2019 00:08

Re: Brexit

Quote:

Originally Posted by pip08456 (Post 35978270)

I’ve never mentioned George Soros on this forum, so I’ve no idea how you can conclude I’ve no issue with him.

A straw man.

Mick	08-01-2019 00:18

Re: Brexit

Quote:

Originally Posted by 1andrew1 (Post 35978266)

It's still on now and obvs on catch-up if you feel inclined.
The clock may need some new batteries. ;)

I'd rather watch fecking paint dry.

The clock is connected to a mains outlet, no batteries necessary. :rolleyes:

pip08456

08-01-2019 03:16

Re: Brexit

Quote:

Originally Posted by jfman (Post 35978273)

I’ve never mentioned George Soros on this forum, so I’ve no idea how you can conclude I’ve no issue with him.

A straw man.

Was I answering you or the poster?

Soros has made a damn site more than anyone on trades suggested by Andrew or yourself but at least one of you want Farage up front!

denphone

08-01-2019 07:22

Re: Brexit

Utterly reprehensible.:(

https://news.sky.com/story/anna-soub...ament-11601496

Angua

08-01-2019 07:24

Re: Brexit

Quote:

Originally Posted by Mick (Post 35978250)

Godwin's law strikes again... FFS give it a rest. :zzz: :rolleyes:

There is no evidence of anyone changing their minds, polls do not cut it I am afraid.

I have. Voted leave and now want to remain.

Unless you ask everyone, there is no way to empirically prove either your stance or mine.

Sephiroth

08-01-2019 07:56

Re: Brexit

Just to remind what you are hoping to remain with:

1. German economic domination;
2. Irish perfidy over the Backstop - their artificial position;
3. French blackmail over the backstop vs. Fishing Rights.

TheDaddy

08-01-2019 07:58

Re: Brexit

Quote:

Originally Posted by Sephiroth (Post 35978071)

I don't think you're right §20 of the Withdrawal Act 2018 sets the Exit Day as 23:00 on 29-Mar-19. It also allows a "Minister of the Crown" to amend that date with some convoluted wording that amounts to an extension of the A50 period.

The Act makes no provision for not leaving the EU; this would require separate primary legislation which cannot be introduced except by Government. (A private member's bill will have serious difficulty finding time).

I read today that some treacherous MPs are planning to have the Finance Bill voted down, thus potentially closing government spending down, unless the government agrees to guarantee that No Deal will not be allowed. Now there's anti-democracy hard at work, thwarting an instruction from the public in the Referendum.

Of course some Remainers will define that treachery as a pure act of democracy and that is what the argument in this thread is all about.

I don't think calling people traitors is helpful, productive or even accurate, if anything if someone believes their country is making a mistake and without thought of personal gain tries to do something about it i think they're actually pretty patriotic rather than treacherous regardless of whether you agree with them or not

Quote:

Originally Posted by Carth (Post 35978226)

but we did have the facts in front of us . . do you want to leave or remain

the choice was about as simple as you could possibly get

Nothing like an informed decision is there and for a hell of a lot of the electorate it was nothing like an informed decision

Quote:

Originally Posted by Mick (Post 35978245)

Yeah, all the dire predictions that were said would happen after a leave decision never happened, you know the recession, job losses, WW3 etc...

And what makes you think a second referendum won't be flawed like the first?

It will be the same as before - division and mis information from both camps just like the first....

Imo measures should have been put in place so no vote can ever be run like that again, if it means jailing some of the future shysters, I'm fine with that to.

Btw wasn't it a leaver that made the ww3 'prediction'

ianch99

08-01-2019 08:03

Re: Brexit

Quote:

Originally Posted by Sephiroth (Post 35978290)

Can you run that past us again? Not sure we got it the first time .. :)

---------- Post added at 08:03 ---------- Previous post was at 08:01 ----------

Quote:

Originally Posted by denphone (Post 35978283)

Utterly reprehensible.:(

https://news.sky.com/story/anna-soub...ament-11601496

Totally agree!

What on earth are the police doing allowing these thugs to verbally assault an MP outside Parliament especially after the Jo Cox killing.

Disgusting ..

mrmistoffelees

08-01-2019 08:07

Re: Brexit

Quote:

Originally Posted by Sephiroth (Post 35978290)

Meanwhile here are some of thing things that being part of the EU has brought us.

1. Paid Annual leave
2. Maternity leave
3. Equal pay
4. Sickness Rights
5. Cheaper flights
6. Abolition of roaming charges.
7.Parental leave
8. Healthcare whilst on holiday

The list goes on, and on, and on.

To all those who would jump in and say 'we would have had those with or without the EU' save your breath's you have no evidence whatsoever to support that claim

Hugh	08-01-2019 08:11

Re: Brexit

Quote:

Originally Posted by pip08456 (Post 35978256)

I didn't know the EU had a trade deal with Kenya? Where did that one come from.

I'm sure the UK could make one reasonably quickly to secure the continued benefit of their tea industry. Possibly the same with India perhaps to a lesser extent.

It's amazing how remainers keep going on about the EU being the better trading block without considering how much the UK currently imports from outside of the EU and did so before membership.

Tea is a classic example of that ( we are the "nation of tea drinkers").

I may have to stockpile coffee though, but beer's always an alternative.

https://www.statista.com/chart/13062...tea-come-from/

Did you mean this one?

https://www.bbc.co.uk/news/business-45342607

Quote:

None of the three countries the prime minister is visiting - South Africa, Nigeria and Kenya - are on that United Nations list of LDCs. That is probably one of the reasons she chose them. They are bigger economic players and there is more to be gained from commercial relations with them.

But all three of them do get some degree of relief from EU trade tariffs.
There is an arrangement that covers other developing countries beyond the LDCs. It's known as the Generalised System of Preferences (GSP). Other rich countries, including the US and Japan operate their own GSPs.

The EU's version applies to Nigeria and has benefited Kenya but does not cover South Africa.

It doesn't open the tariff-free gates as wide as EBA does. The EU says it gives tariff-free access for 57% of products and reduced rates for most of the rest. But the minority of goods still subject to full tariffs are often farm produce.
Both the Everything but Arms and the Generalised System of Preferences are unilateral. The EU simply lowers or eliminates tariffs and the partner country is under no obligation to reciprocate and cut their own tariffs on imports from the EU.

But there are wider deals known as Economic Partnership Agreements (EPA). These go further and also mean a country like Kenya opening its market to the EU, though not as much as the EU does.

Kenya is part of an EPA through an East African regional group. Kenya has duty-free access on an interim basis until three other countries in the group sign and ratify it so the agreement comes into full effect.

Damien

08-01-2019 08:18

Re: Brexit

Quote:

Originally Posted by pip08456 (Post 35978281)

Was I answering you or the poster?

Soros has made a damn site more than anyone on trades suggested by Andrew or yourself but at least one of you want Farage up front!

I mean there is nothing necessarily wrong with making money from trades. It's manipulating the market, i.e intentionally misleading or changing it via dubious means which is often illegal. Soros is good at what he does and bet against the Pound on Black Wednesday, that wasn't illegal as he thought the pound wouldn't be able to maintain itself against the ERM. He didn't manipulate it as such, he just participated in market activity.

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