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Old 09-18-2007, 07:58 AM   #51
Kevsh
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Fiddy US Dollars
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Old 09-18-2007, 08:13 AM   #52
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Of course in a few months time the USD will be back to normal. The economic flows just have to adjust with the new set of legalities involved, but once they get used to it.. then things would be way ok again.
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Old 09-18-2007, 08:19 AM   #53
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Soon for one euro you will get 5 dollars.
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Old 09-18-2007, 09:20 AM   #54
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Of course in a few months time the USD will be back to normal. The economic flows just have to adjust with the new set of legalities involved, but once they get used to it.. then things would be way ok again.
you should run for office ....

You said a lot, but it means nothing
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Old 09-18-2007, 09:30 AM   #55
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not really .. the US $ is just lower...

Good thing I didn't follow FAXXAFF economic road ... I, in fact , sold my property in Florida att that time... So, on exchange to compare to today, I made about 45 000.00 more ...

In respect to Canadian dollar, I can see par within the next 2 years.
good call
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Old 09-18-2007, 10:13 AM   #56
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you should run for office ....

You said a lot, but it means nothing


Someone needs to tell China and other creditor nations that is just a matter of "economic flows" and "a new set of legalities" involved
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Old 09-18-2007, 11:53 AM   #57
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No chance.

As long as US do not get rid of Bush.
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Old 09-18-2007, 11:58 AM   #58
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it will creep back up ..
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Old 09-18-2007, 12:02 PM   #59
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There is no chance that it will creep back up.

The US dollar needs to par with canada and that would make the peso 10-1 .

This will allow for bush's new AMERO.
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Old 09-18-2007, 01:13 PM   #60
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It will go up no worries
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Old 09-18-2007, 01:16 PM   #61
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CDN $ up 1.36 cents today to .986 ouch.

Feds are cutting rates to save mortgages, but in turn furthering weakening their already sinking dollar.
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Old 09-18-2007, 01:18 PM   #62
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who knows, anything could happen
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Old 09-18-2007, 01:20 PM   #63
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Yes it will. it will be a slow rise at first, and then it will take a jump.
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Old 09-18-2007, 01:53 PM   #64
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just an appropriate bump ..... from 2004 & oct. 2006
Yep it's sick bank rates put it on par today.
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Old 09-18-2007, 02:25 PM   #65
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NO, it just keeps dropping against the Thai baht, that's for sure! Good thing I bought a place in Bangkok. 30% appreciation in one year just based on the currency!
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Old 09-18-2007, 03:13 PM   #66
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CDN $ up 1.36 cents today to .986 ouch.

Feds are cutting rates to save mortgages, but in turn furthering weakening their already sinking dollar.
I bet they did mainly to save a wall street, not average Joe. Even Greenspan told, that is fundamentaly wrong to lower interest rates now as it will bring inflation -> recession.
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Old 09-18-2007, 03:17 PM   #67
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I bet they did mainly to save a wall street, not average Joe. Even Greenspan told, that is fundamentaly wrong to lower interest rates now as it will bring inflation -> recession.

Sept. 18 (Bloomberg) -- The U.S. economy will head into a ``serious'' recession and the dollar will ``collapse'' if Federal Reserve Chairman Ben S. Bernanke reduces interest rates, investor Jim Rogers said.

``Every time the Fed turns around to save its friends on Wall Street, it makes the situation worse,'' Rogers said in an interview from Shanghai. ``If Bernanke starts running those printing presses even faster than he's doing already, yes we are going to have a serious recession. The dollar's going to collapse, the bond market's going to collapse. There's going to be a lot of problems in the U.S.'' "


http://www.bloomberg.com/apps/news?p...7&sid=aYBOOiT5
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Old 09-18-2007, 04:36 PM   #68
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Old 09-18-2007, 04:43 PM   #69
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Of course in a few months time the USD will be back to normal. The economic flows just have to adjust with the new set of legalities involved, but once they get used to it.. then things would be way ok again.
Normal? It's been diving for the last 6 years... what exactly is normal?
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Old 09-18-2007, 05:20 PM   #70
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It doesn't really matter to me but I think nothing is going to change within the next two years. My finacial advisor thinks the same. We are financing a war with gazillions of borrowed money (China is our biggest creditor) and sooner or later someone's has to pick up the tab. This means, our government is printing money right now, more than what is healthy. There are other factors:

Real Estate down
Manufacturing Industry down
Cosumer Confidence down
Jobs down
Inflation up (if you disredgard the election bonus in gas this month)

Nobody in their right mind expects a strong dollar any time soon.
i agree.
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