the clock ticks forward yet again ever closer to zero hour...

[Prepper1]

[Highlander]

I tell you,.... that Daily Mail is the biggest scare monger going,.. day after day it spills out this kind of rubbish, in some cases it picks up a snippet of genuine information and runs a whole new story as fact, yet when we really look at half these story,.. [ and thats what they are `stories to sell newspapers` ],.. more than half have either no basis in fact, or never happen

How many of these stories have we read in the last couple of months and how many of them have ever turned out to be either true or have taken place

[Straight Shooter]

I would agree HL if it was JUST the mail.....but thats not the case here...i see alot of stuff on here that uses the mail as a type of ref guide...this is fine if it rienforces a point of view of the author of any given post...but should anyone want to take the subject further thats fine by me...an example looking at say facts was the rescent post and the very quick despatch of the authors argument by NR...this is also fine with me....but for you to say rubbish...without the justification...then its just your opinion set against the authors opinion...but thats all it is.....again thats fine this is a forum...my reply is NOT intended have a go at pisay it IS intended for the readers to take a closer look...and maybe a world view may be required to unravel this subject even more and not just a national view

[Scythe13]

Time to move the rest of my cash into PM's soon.

[Highlander]

Oh,.. I agree that my post is just my personal opinion, and we all have to take these reports and decide what if anything we take away from them, I am sure that there are many people who believe every word they write, but I don't,... maybe I should not call it rubbish as I dont have the whole facts,.... but certainly I believe its simply scare mongering for the sake of selling newspapers

I know its not just the Mail,.. but the Mail prints these kind of reports almost on a daily basis,.. its a very profitable thing to do,...it doesn't matter if its the whole truth or not, its good enough to make people read it,...and pay to read it

[Straight Shooter]

Truth is...... nobody has all the facts...least of all me, but....there are alot of people with more knowledge than i,v forgot ...that take the view put forward in this post...on a global scale...and not nutters ...now that is worrying

[Barneyboy]

Time to move the rest of my cash into PM's soon.

you can PM me some money if you like mate

[NorthernRaider]

All the tabloids like to take a snippet of news and hype it up into a fear causing scoop, look at the BS they wrote about guns back in the 90s to help the retards get guns banned.

[Skean Dhude]

Interesting. If they did that It probably won't have the desired effect and could make things worse because it kind of forces people into gold and commodities. What stops banks investing in gold instead?

They are still struggling against the enevitable and that just makes it worse.

[BeardyMan]

The idea is to get banks to lend their money out instead of having it sat with the BoE (thus earning them more than the 0.5% they earn anyway, albeit with more risk). The negative interest rate will not happen though, and if it did the banks we use would still offer interest on the money we deposit, but you'd probably find you'd have to start paying for your current account. No change for me as I pay for mine anyway!

Unfortunately this isn't going to boost the markets at all, bit of a waste of time. I can only assume that this was released to the press in an attempt to stimulate the markets, the euro vs the dollar has started it's recovery already [I've been watching the markets today as I'm forex trading ]