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Ouch! Painful USD movement... Ouch! Painful USD movement...
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Old 03-04-2005, 02:56 PM   #1
rickholio
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Ouch! Painful USD movement...
The world's favoured reserve currency took a shit today...



I suspect it's a result of lackluster US domestic job growth numbers, combined with the revelation that wage increases were a little over 2% whereas base inflation was over 3% (and base inflation doesn't track fuel price increases, which would probably push the real inflation rate up over 5%).

Any other fiscal revelations today that I missed out on that might cause this kind of negative mobility?
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Old 03-04-2005, 02:58 PM   #2
Mr. Jim
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always delivering the upbeat news Rick
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Old 03-04-2005, 03:00 PM   #3
rickholio
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Originally Posted by jimholio
always delivering the upbeat news Rick
I aim to please.

It's hard on guys like me... I take in a fair bit of revenue in USD. This little downward jolt is going to cost me somewhere in the realm of $500 the next time I go to the bank to deposit, and I'm not nearly rich enough where I can absorb a $500 hit without saying 'ouch' yet.
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Old 03-04-2005, 03:04 PM   #4
Xenophage
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WOOOHOOOO

EEM
EWZ


rocking as the currancy gets fucked..

I am raping the fucking market this year
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Old 03-04-2005, 03:11 PM   #5
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I was gonna go to the bank today...shitty
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Old 03-04-2005, 03:13 PM   #6
Mr. Jim
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Quote:
Originally Posted by rickholio
I aim to please.

It's hard on guys like me... I take in a fair bit of revenue in USD. This little downward jolt is going to cost me somewhere in the realm of $500 the next time I go to the bank to deposit, and I'm not nearly rich enough where I can absorb a $500 hit without saying 'ouch' yet.
I understand Rick LOl you know I do
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Old 03-04-2005, 03:14 PM   #7
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Originally Posted by LegendaryLars
WOOOHOOOO

EEM
EWZ


rocking as the currancy gets fucked..

I am raping the fucking market this year
Damn, some nice numbers there!



Wish I'd gotten on that train as it was leaving the station.
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Old 03-04-2005, 03:18 PM   #8
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It's a good thing we Canadians can get US accounts here. That is where I leave my US $$. It was alright yesterday, I would imagine it will climb it's way back up. Hang in there Ricky!
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Old 03-04-2005, 03:24 PM   #9
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Outsourcing
Thats what.
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Old 03-04-2005, 03:42 PM   #10
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Originally Posted by rickholio
Damn, some nice numbers there!



Wish I'd gotten on that train as it was leaving the station.

thanks i only been in since nov though so i missed half the move so far

but I have a LOT in them
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Old 03-04-2005, 03:43 PM   #11
rickholio
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Originally Posted by sherie
It's a good thing we Canadians can get US accounts here. That is where I leave my US $$. It was alright yesterday, I would imagine it will climb it's way back up. Hang in there Ricky!
Ahhh, I'm trying to buy a house, need all the scratch I can get right now ;)

I'll live and eat and be overall fine. Just kinda sucks is all.
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Old 03-04-2005, 03:44 PM   #12
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I feel your pain
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Old 03-04-2005, 03:44 PM   #13
rickholio
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Originally Posted by LegendaryLars
thanks i only been in since nov though so i missed half the move so far

but I have a LOT in them
According to that graph, it looks like they've both gone up 20%+ since november... an 80%+ annualized return on investment ain't fucking bad!
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Old 03-04-2005, 03:51 PM   #14
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Hahhahha I am haveing a very good year so far !
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Old 03-04-2005, 04:54 PM   #15
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Ouch. God damn
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