
Originally Posted by
ForresterModern
As much as we all hate that the economy is tanking our retirement accounts, there is one up side-----Scotweb's prices are fixed to the pound, and the pound is falling relative to the dollar (more each day with the falling stock market) so everything is geting less expensive on their website. A custom kilt I was ready to order last month for more than $450 is now pricing in at around $360, with the prices fluctuating on a nearly daily basis.
I have just checked several other Scotland based online vendors and so far Scotweb is the only one to have changed their prices in the last few weeks-----some in several months.
It may be time to put in that special custom order. I think it is for me, even though my wife will probably have a cow.
You're correct the pound has been falling. However, it has been falling since November of 2007. The high of 2.1158 dollars to the pound was in the week ending 9 November '07, it has steadily fallen to the current price of 1.7245 dollars to the pound. I trade foreign currencies for a living (transitioned to it in 2003 when I became to old to continue in my old career.) Unlike the stock market which can be affected for days by a news release, currencies are a more stable vehicle to work with. Currencies need to fluctuate up and down in order to keep trade flowing in both directions.
[I][B]Nearly all men can stand adversity. If you really want to test a man’s character,
Give him power.[/B][/I] - [I]Abraham Lincoln[/I]
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