Recent content by JackOfGold

Pound undervalued should be 1:US$1.70 Thanks Aleksejgren for the correction. You are right I meant to say that the pound is undervalued at the current 1.74 and that by Friday 14th I expect it to have strengthened to 1.70. Cheers mate.

Does anyone out there have any idea why the Pound Sterling is range bound at low levels against the dollar.For a while now the Pound:US rate has been US$1.74.To me the pound is undervalued as I think it should be worth around US$1.70 especially given the recent Euro/dollar moves to US$1.22. By...