The way our economy is going it must be tempting for the rich to get their money out. Where would could they put it considering the state of Sterling against other currencies? Derek
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Its a bit late to get it out now...what with the weakness of sterling.
"BNP Paribas SA, the best currency forecaster in a 2007 Bloomberg survey, says the yen will strengthen about 14 percent against the dollar by June. Goldman Sachs Group Inc. made Norway?s krone one of its top 2009 picks, with possible gains of 17 percent versus the dollar. Bank of America Corp., the largest U.S. lender by assets, says the Swiss franc will advance against every major currency."
Presumably prompted by Rogers comments -
Lex in the FT -
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