Reply To: You have been told! – Buy now before prices rise.

#91925
peterhun
Participant

@Inez wrote:

Sorry Katy but I disagree there. There are investors looking for the longer term, some brits, mainly spanish and all legal money.

The Russians however in the main are the ones with large bags of the paper stuff!

Are these the same Russians who have seen they currency devalued by 40-50%% and their income slashed in half?

The effect is the same on Russians as it is to British buyers – stop buying and sell at a discount as its a profit in Rouble terms.