/biz/ - Business & Finance

>>487657

I see money as a tool, game pieces really. Theres nothing wrong with buying things you like, I suppose, but I am not one for materialism. I wasted a lot of my youth on that nonsense.

It's not about what you have or got, to me. It's about the chase. Thats why I like FX.

$5k is a lot when you leverage. There will always be somebody richer, so I am never impressed with people who say XYZ is not a lot of money. Whatever one thinks IS a lot of money, somebody else pisses away at the casino, and I dont see the point in comparing bling, which is all it is. Its callow and has nothing to do with the game. Not mine, anyways.

Im sure it goes over big at the hiphop awards though.

>>479431

Its a fair and reasonable view, yours. It's sort of win/win if one is long. In the unlikely event that Scotland gets its independence, there *will* be a period of decline. I do need to emphasize that point to be fair. But if one can go long and isn't tied up completely in GBP, I think it would pay off, if more slowly.

However, I am not hopeful Scotland will succeed, unfortunately. I actually hope I am wrong. (Unless they stay EU, then what the hell difference does it make from a non-finance point of view)

I am expecting another dip to buy GBP next week and of course low liquidity and volatility as the vote closes in.

However, with the expectation that the good Scots will not get their independence, I then expect the GBP to rocket, if only briefly before later correction.

Unfortunately, the major finance centers are putting big pressure on Scottish voters, and I worry that will dissuade them ultimately. RBS and Lloyds are basically threatening them. The basis of the threat I feel is nonsense ultimately, but perception could become reality.