Aero Jackets & the British Pound

[Deleted member 16736]

If you have your eye on an Aero jacket and you live outside of the UK, you may want to pay for it now. I speculate in the financial markets professionally, including the currency markets, and the Bank of England just said that interest rate hikes are coming sooner than expected. That sent the pound flying and I think the move is only just getting started.

 

[morrison2951]

I've also heard that there is a cattle shortage that will drive up leather prices as well.

 

[Stearmen]

The Pound is up less then 3 cents against the U.S. dollar. I don't think I am going to panic just yet!

 

[Meerkat]

The Pound is up less then 3 cents against the U.S. dollar. I don't think I am going to panic just yet!

wait till scotland votes for independence in the referendum..that should sort out the british pound lol

 

[Sloan1874]

Wouldn't worry about that too much.

 

[Deleted member 16736]

The Pound is up less then 3 cents against the U.S. dollar. I don't think I am going to panic just yet!

In the world of currencies, that's a big move. It wasn't too long ago the pound was 2 to the dollar.

 

[Deleted member 16736]

Wouldn't worry about that too much.

By the time you have to worry, it'll be too late.

 

[Fanch]

wait till scotland votes for independence in the referendum..that should sort out the british pound lol

Not sure that's a laughing matter. :eeek:

 

[Peacoat]

By the time you have to worry, it'll be too late.

Yep. Glad I have already paid for most of my latest order from Aero.

 

[tonypaj]

For me this is simple. Over the last year I have lost one leather jacket with the currency stuff. My income is in CHF, son at the uni in the UK, fees GBP, the exchange rate difference would cover a very nice jacket... I'm not so worried about the pound, though, I don't need more jackets. I'm more worried about euro. I don't see anything good there.

 

[Sloan1874]

Not sure that's a laughing matter. :eeek:

No it's not. But I really wouldn't worry about it either, certainly not for time being (if at all) and I would not factor it into any purchasing considerations.

 

[Otter]

Even if the vote goes for independence then separation would not be for another two years; more if rUK gets it way as they have no politically acceptable alternative for basing all those Trident and "Yet to be decided" next generation SSBN's.
So two and a bit years to get an order in before we switch to Groats again.

 

[Meerkat]

Not sure that's a laughing matter. :eeek:

Im Irish ..I think its hilarious..another colony seceding from The Union....

 

[Fanch]

Very scary. If Scotland secedes, Texas might be next. Maybe even Oklahoma :eeek:

 

[pak]

The VAT is more of a deterrent.

 

[Stearmen]

Here is a great chart showing the historical exchange rate. It is actually still quite low! There was the great moment in the mid 80s when the exchange rate went to almost 1 to 1. I remember this well, a bunch of rich Texans ran over there as fast as their Lear Jets would carry them and bought some Mosquitoes and Spitfires. I sure wouldn't want to go back to the first half of the 20th century!

 

[Edward]

Here is a great chart showing the historical exchange rate. It is actually still quite low! There was the great moment in the mid 80s when the exchange rate went to almost 1 to 1. I remember this well, a bunch of rich Texans ran over there as fast as their Lear Jets would carry them and bought some Mosquitoes and Spitfires. I sure wouldn't want to go back to the first half of the 20th century!

If it did, it'd do wonders for exports to and tourism from the UK! I'm watching it like a hawk amd hoping it happens in about three years when I can afford a US holiday with a couple of grand to spend... ;-)