Oh my god. Is the US:Canadian exchange rate going to continue going downhill?? - GoFuckYourself.com

Myst · 10-22-2007, 12:44 AM

Fucking unreal...
1.0324 now.. should I be transferring my funds ASAP to Canadian dollars?

WWC · 10-22-2007, 12:51 AM

tell me about it....i was in Europe 2 weeks ago and the dollar was shit...

gecko · 10-22-2007, 12:52 AM

Yes it will continue to go down

F-U-Jimmy · 10-22-2007, 12:52 AM

In a word YES!

Myst · 10-22-2007, 02:07 AM

fucking hell i hate Bush

pudcat · 10-22-2007, 02:20 AM

Yup it'll keep going down, wouldn't surprise me to see some govt intervention in the near future though it won't stop the trend for hopefully (I'm short USDCAD) quite some time.

As much as I dislike Bush, sadly I don't think this is all his fault... it's more the society as a whole.

After Shock Media · 10-22-2007, 02:27 AM

Quote:

Originally Posted by pudcat

Yup it'll keep going down, wouldn't surprise me to see some govt intervention in the near future though it won't stop the trend for hopefully (I'm short USDCAD) quite some time.

As much as I dislike Bush, sadly I don't think this is all his fault... it's more the society as a whole.

The Government intervention is what has been causing it for the most part.

pudcat · 10-22-2007, 02:29 AM

Quote:

Originally Posted by After Shock Media

The Government intervention is what has been causing it for the most part.

that is not the government intervention I was referring to.

After Shock Media · 10-22-2007, 02:31 AM

Quote:

Originally Posted by pudcat

that is not the government intervention I was referring to.

Are you hoping for the sniper kind, or maybe umm the putin problem people style of involvement?

pudcat · 10-22-2007, 02:37 AM

Quote:

Originally Posted by After Shock Media

Are you hoping for the sniper kind, or maybe umm the putin problem people style of involvement?

More the concerted effort to boost the currency by very large scale buying, normally done in association with other countries central banks. Get it near trendline support then give it a VERY big shove to try to create a reversal.

Antonio · 10-22-2007, 02:41 AM

most likely yes, nothing drastic though

Vick! · 10-22-2007, 04:30 AM

1 U.S. dollar = 0.971

i love Bush, I love war

k0nr4d · 10-22-2007, 04:32 AM

Quote:

Originally Posted by pudcat

As much as I dislike Bush, sadly I don't think this is all his fault... it's more the society as a whole.

How is it not his fault? he insists on continueing his war, which is costing lots of money. They have to print more money, thus making the US dollar drop like a rock. On top of that, people are dumping US funds because of the drop, furthering the issue. This is analing people like me, who get paid mostly in USD but live abroad

BerdoR · 10-22-2007, 04:40 AM

UK pounds even better ..
1 GBP = 2.03329 USD

LadyMischief · 10-22-2007, 04:40 AM

Yay the canadian dollar dropped a cent and a half today! YAY!

Myst · 10-22-2007, 10:29 AM

Fuck! Ass!

Jman · 10-22-2007, 10:30 AM

Yup it's not going to get any better soon.

pornask · 10-22-2007, 10:32 AM

Yeah, Canadian dollar dropped a little today.

BOSS1 · 10-22-2007, 12:00 PM

Quote:

Originally Posted by pornask

Yeah, Canadian dollar dropped a little today.

I hope it keeps going

eroswebmaster · 10-22-2007, 12:05 PM

stock up on water, canned foods, and ammo, the reckoning is coming.

sumphatpimp · 10-22-2007, 12:08 PM

after California burns down it will be worse

alby_persignup · 10-22-2007, 12:21 PM

that sucks!

buzzy · 10-22-2007, 01:05 PM

Quote:

Originally Posted by BerdoR

UK pounds even better ..
1 GBP = 2.03329 USD

: banana

flashfire · 10-22-2007, 01:12 PM

big drop today...bank of canada says the rise in the dollar has been "abnormal" and not supported buy financial data. Biggest one day drop since 2005, lets hope this keeps up. Still above par though, especially after the bank rips you off

pudcat · 10-22-2007, 04:55 PM

Quote:

Originally Posted by k0nr4d

How is it not his fault? he insists on continueing his war, which is costing lots of money. They have to print more money, thus making the US dollar drop like a rock. On top of that, people are dumping US funds because of the drop, furthering the issue. This is analing people like me, who get paid mostly in USD but live abroad

I live overseas as well... aussie dollar has gone from 0.55 some years ago to around 0.9

I said ALL his fault... I'm sure a massive part of it is his fault, though American consumers (and a heap of bankers etc.) are also to blame.

_Richard_ · 10-22-2007, 04:58 PM

the canadian dollar should drop shortly.. at the moment it looks like it's a 'type two' type of trade, and the BOC will probably step in

GreyWolf · 10-22-2007, 05:02 PM

There is one one way for the dollar - downwards, and hardly a surprise when you look at fantasy accounts.

If you think that is bad - ya ain't see nothing yet....

GreyWolf · 10-22-2007, 05:14 PM

Quote:

Originally Posted by k0nr4d

How is it not his fault? he insists on continueing his war, which is costing lots of money. They have to print more money, thus making the US dollar drop like a rock. On top of that, people are dumping US funds because of the drop, furthering the issue. This is analing people like me, who get paid mostly in USD but live abroad

Sure, the admin are responsible to a degree (ie in that they are totally incompetent and clueless), but there are many other factors as well and, with our without a "war", it's only a matter of time before shit hits. The country is unsustainable and can't generate "wealth" and have been supported by loans for years while living off a fantasy national credit card.

It's easy to say, and harder to do, but US industry needs a more solid core base and severely needs to compete internationally. But again... that costs plenty money which does not exist (more loans??). There are many aspects similar to "industry" and they all contribute to the core unsustainable element and this has never been a concern of govt for decades - all fantasy.

Vitasoy · 10-22-2007, 05:34 PM

These days I'm exchanging on the fly.

the alchemist · 10-22-2007, 05:43 PM

Quote:

Originally Posted by pudcat

As much as I dislike Bush, sadly I don't think this is all his fault... it's more the society as a whole.

Yeah, the 2 billion dollars per week war, printing unbacked money and borrowing funds from China, Japan, Mexico and more has nothing to do with it.

GreyWolf · 10-22-2007, 06:01 PM

Quote:

Originally Posted by the alchemist

Yeah, the 2 billion dollars per week war, printing unbacked money and borrowing funds from China, Japan, Mexico and more has nothing to do with it.

That $2 bill/week war seems to be just grain of sand in relation to other other borrowings...

Example... the borrowings from the Central Bank of China alone are $3-4 billion/day and a further $9-12 billion/day from other nations. (These are very "average" borrowings and can be a few billion either way).

So.. in a week, at a modest calculation, the loans are approx $60-70billion and little clue to repay but just cover the interest costs?? The "war" seems to fade into insignificance in relation to the overall problem.

Maybe there is an economic problem or the calculator is bust??

I'd gamble all assets on the first possibility with 100% certainty.

10-22-2007, 12:44 AM	#1
Myst Confirmed User Join Date: Feb 2004 Location: Alberta, Canada Posts: 4,707	Oh my god. Is the US:Canadian exchange rate going to continue going downhill?? Fucking unreal... 1.0324 now.. should I be transferring my funds ASAP to Canadian dollars? __________________ ICQ: 298-523-037

10-22-2007, 12:51 AM	#2
WWC #1 Adult Content Provider Join Date: Jul 2003 Location: Glendale, Ca Posts: 11,577	tell me about it....i was in Europe 2 weeks ago and the dollar was shit... __________________ [email protected] ICQ : 494-353-230 Follow WWC on Twitter CLICK HERE! " CONTENT PROVIDER OF THE YEAR! " ~ 2007 , 2008 & 2009 XBIZ AWARDS WINNER! .......www.WorldWideContent.com / www.WorldWideFeeds.com...... WWC Nominated " Content Licensor of The Year " 2010 XBiz Awards !!!

10-22-2007, 12:52 AM	#3
gecko ****** Join Date: Jun 2002 Posts: 21,846	Yes it will continue to go down __________________ [email protected]

10-22-2007, 12:52 AM	#4
F-U-Jimmy Confirmed User Industry Role: Join Date: Apr 2006 Location: Visiting a city near you soon ! Posts: 6,853	In a word YES! __________________ icq. 176240424 44.years as a pornographer !!!!!!!!!!!

10-22-2007, 02:07 AM	#5
Myst Confirmed User Join Date: Feb 2004 Location: Alberta, Canada Posts: 4,707	fucking hell i hate Bush __________________ ICQ: 298-523-037

10-22-2007, 02:20 AM	#6
pudcat Confirmed User Join Date: Mar 2003 Posts: 1,169	Yup it'll keep going down, wouldn't surprise me to see some govt intervention in the near future though it won't stop the trend for hopefully (I'm short USDCAD) quite some time. As much as I dislike Bush, sadly I don't think this is all his fault... it's more the society as a whole. __________________ SUBMIT YOUR BABE GALLERIES PROMOTE YOUR BLOG HERE always looking for hardlinks icq #207011694 Thunder-Ball.net, good for hardlink exchanges

10-22-2007, 02:41 AM	#11
Antonio Too lazy to set a custom title Join Date: Oct 2001 Location: Spartaaaaaaaaa Posts: 14,136	most likely yes, nothing drastic though

10-22-2007, 04:30 AM	#12
Vick! Confirmed User Industry Role: Join Date: Nov 2005 Location: 20 00'24.00" N, 75 09'00.00 W Posts: 6,882	1 U.S. dollar = 0.971 i love Bush, I love war __________________ Affordable Quality Web Hosting

10-22-2007, 04:40 AM	#14
BerdoR Registered User Join Date: Sep 2007 Posts: 352	UK pounds even better .. 1 GBP = 2.03329 USD

10-22-2007, 04:40 AM	#15
LadyMischief Orgasms N Such! Industry Role: Join Date: Sep 2002 Location: Oakville, Ontario Posts: 18,135	Yay the canadian dollar dropped a cent and a half today! YAY! __________________ ICQ 3522039 Content Manager - orgasm.com [email protected]

10-22-2007, 10:29 AM	#16
Myst Confirmed User Join Date: Feb 2004 Location: Alberta, Canada Posts: 4,707	Fuck! Ass! __________________ ICQ: 298-523-037

10-22-2007, 10:30 AM	#17
Jman Too lazy to set a custom title Industry Role: Join Date: Sep 2003 Location: Canuckstikan Posts: 22,723	Yup it's not going to get any better soon. __________________ Wowify AI API Porn.AI Affiliates Porn AI email: [email protected] Teams: jean.francois.laverdiere TG: @jman1216

10-22-2007, 10:32 AM	#18
pornask So Fucking Banned Join Date: Aug 2006 Location: 253-233-241 Posts: 6,518	Yeah, Canadian dollar dropped a little today.

10-22-2007, 12:05 PM	#20
eroswebmaster March 1st, 2003 Join Date: Jul 2001 Location: Seat 4 @ Venetian Poker Room Posts: 20,295	stock up on water, canned foods, and ammo, the reckoning is coming. __________________ For rent - ICQ 127-027-910 Click here for more details

10-22-2007, 12:08 PM	#21
sumphatpimp Confirmed User Join Date: Aug 2002 Posts: 5,235	after California burns down it will be worse

10-22-2007, 12:21 PM	#22
alby_persignup Confirmed User Join Date: May 2007 Posts: 3,119	that sucks! __________________ OnProbation Links Directory \| OnProbation Design Services \| OnProbation Cash

10-22-2007, 01:12 PM	#24
flashfire ICQ 1 6 7 8 5 3 4 9 2 Join Date: Feb 2003 Posts: 13,098	big drop today...bank of canada says the rise in the dollar has been "abnormal" and not supported buy financial data. Biggest one day drop since 2005, lets hope this keeps up. Still above par though, especially after the bank rips you off

10-22-2007, 04:58 PM	#26
_Richard_ Too lazy to set a custom title Industry Role: Join Date: Oct 2006 Location: Earth Posts: 30,989	the canadian dollar should drop shortly.. at the moment it looks like it's a 'type two' type of trade, and the BOC will probably step in

10-22-2007, 05:02 PM	#27
GreyWolf So Fucking Banned Join Date: Jun 2007 Posts: 2,036	There is one one way for the dollar - downwards, and hardly a surprise when you look at fantasy accounts. If you think that is bad - ya ain't see nothing yet....

10-22-2007, 05:34 PM	#29
Vitasoy GFY HALL OF FAME DAMMIT!!! Join Date: Oct 2003 Posts: 58,202	These days I'm exchanging on the fly. __________________ [email protected]