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-   -   Dollar crashing: 1 euro = 1.45 dollar (https://gfy.com/showthread.php?t=1019231)

sologirlcontent 04-20-2011 07:04 AM
Quote:
Originally Posted by nyllover (Post 18072400)
Well that's because of the US politics...so...thank Obama for this. It's bad for our business in my opinion... let's hope it will pass soon...
this shit was in the making waaaaaay before OBAMA and it's being done on purpose.


Hello North American UNION...the AMERO is coming

Barry-xlovecam 04-20-2011 07:17 AM
Sell in Dollars but get Paid in their Euro Values
 
We have almost 500 models that offer a private show price of 0.99/min for customers buying in $USD.

Currently we have a "special deal" for $USD buyers of 25 credits for $25.00 (sold in $USD) amounts.

So, we are subsiding the $USD somewhat and as usual;

http://www.acwm.biz/files/eurodollar.png

WE PAYOUT IN EUROS

As for the Dollar crashing ... Not really, there have been high points and low points of the respective currencies for the past few years. I don't think either currency is fundamentally stronger. The weaknesses are causing the change in values along with all the real time FOREX trading.

twistedkinkcash 04-20-2011 07:19 AM
It was 1.3 last time I went to Europe a few years ago, guess I'm gonna wait too..

TheMaster 04-20-2011 07:21 AM
Quote:
Originally Posted by MaDalton (Post 18072577)
i hate when that happens :-/
yeah and we get double hit, because the Czech Kronen is not only doing better than the dollar, but also better than the euro

TheMaster 04-20-2011 07:24 AM
Quote:
Originally Posted by IllTestYourGirls (Post 18072602)
Don't worry Big Ben said it is only temporary. You know the same guy that said the economy was great.
not the same Ben who helped create this mess I hope :helpme

woj 04-20-2011 07:24 AM
Quote:
Originally Posted by jerryb (Post 18072623)
Just got off the phone with a friend that I have had for over 40+ years. He is BIG BIG BIG in the rare coin, bullion, currency markets. He writes articles for many major publications including the WSJ, Coin World, Numismatic News and many others. His business, here in Michigan, does over $1,000,000.00 a week in gold, silver, scrap metal, rare coins, rare currency etc etc. He said that Silver will easily reach $75+++ and ounce by the end of this year. Reason is multiple but includes piss poor economy here in the States, ever increasing debt by Obama, lack of faith in the U. S. dollar, unemployment, business failures, bankrupcies on the increase, etc etc etc.

I believe he is right on target. Even though he does not like him he said the best thing right now, on the political scene, is Donald Trump. Many people hate him but he believes that Trump will make some astounding decisions that Obama wouldn't even consider that will help the U. S. get out of foreign dependece. Oil, manufacturing, jobs, international trade among some of them.

Really going to be an interesting election coming up. The fur will really fly I believe more so that in previous elections. The U. S. needs a HUGE makeover IMHO.

Peace to all.
Everyone was saying the same exact thing few years ago about the real estate market... it's a bubble, some will make easy $$, most will lose, just like in the real estate crash...

TheMaster 04-20-2011 07:29 AM
Quote:
Originally Posted by jerryb (Post 18072623)
I believe he is right on target. Even though he does not like him he said the best thing right now, on the political scene, is Donald Trump. Many people hate him but he believes that Trump will make some astounding decisions that Obama wouldn't even consider that will help the U. S. get out of foreign dependece. Oil, manufacturing, jobs, international trade among some of them.
hilarious, can't pay his debts-Trump? or is his daughter going to run too

the guy is clueless on most issues, I mean his tarif idea alone is insanity + the dumb look on his face when they asked about privacy in the context of Roe vs Wade was just priceless

if there's a billionaire who could maybe change things for the better (doubt Trump is even a billionaire after he pays his debts) it would be Bloomberg

TheMaster 04-20-2011 07:33 AM
Quote:
Originally Posted by Barry-xlovecam (Post 18072753)

As for the Dollar crashing ... Not really, there have been high points and low points of the respective currencies for the past few years. I don't think either currency is fundamentally stronger. The weaknesses are causing the change in values along with all the real time FOREX trading.
high points??? less bad points, last high point the dollar had was in 2002, the dollar has been weaker than the euro for almost a decade now

twistedkinkcash 04-20-2011 07:36 AM
perhaps its only temporary..hopefully America doesn't decline totally and evens out somewhere.

alias 04-20-2011 07:49 AM
I knew there would already be a thread about this today, I just got back from the bank.

I got .928700 CAD per USD, and it only cost me 15-20 in gas to get there and back.. .

#winning

96ukssob 04-20-2011 08:34 AM
sucks for anyone in the US going to Europe on vacation. I was just in Italy over a month ago and was about $1.35 US = ?1 Euro

Itchy 04-20-2011 09:27 AM
Quote:
Originally Posted by alias (Post 18072838)
I knew there would already be a thread about this today, I just got back from the bank.

I got .928700 CAD per USD, and it only cost me 15-20 in gas to get there and back.. .

#winning
Yea and it went up to a fuckin 1.05 this morning :helpme
1 k cad cost me 1059 usd yesterday

Klen 04-20-2011 09:32 AM
Quote:
Originally Posted by TheMaster (Post 18072760)
yeah and we get double hit, because the Czech Kronen is not only doing better than the dollar, but also better than the euro
Not really most of europe currencies are almost pegged to EUR and changes very little against EUR compared to change versus dollar.

TheMaster 04-20-2011 09:47 AM
Quote:
Originally Posted by KlenTelaris (Post 18073101)
Not really most of europe currencies are almost pegged to EUR and changes very little against EUR compared to change versus dollar.
most yes, all no: the CZK has gained 60% against the euro in the last decade

nation-x 04-20-2011 11:55 AM

Barry-xlovecam 04-20-2011 12:16 PM
Quote:
Originally Posted by TheMaster (Post 18072794)
high points??? less bad points, last high point the dollar had was in 2002, the dollar has been weaker than the euro for almost a decade now
12/31/2008 to today;
1.4222392 average

FX DATE VALUE
10/27/2008 1.2446
10/28/2008 1.2476
11/20/2008 1.2525
11/13/2008 1.2526
11/21/2008 1.2531
11/12/2008 1.2558
11/19/2008 1.2595
12/1/2008 1.2634
12/5/2008 1.2654
10/24/2008 1.2657
12/3/2008 1.2669
10/31/2008 1.2682
11/18/2008 1.269
11/28/2008 1.2694
11/3/2008 1.2719
12/2/2008 1.2724
7/1/2008 1.5778
3/18/2008 1.5784
5/23/2008 1.5784
4/11/2008 1.5796
3/27/2008 1.5798
4/15/2008 1.5801
4/9/2008 1.5804
3/31/2008 1.5805
7/22/2008 1.5811
4/14/2008 1.5827
7/16/2008 1.5847
7/18/2008 1.5855
7/17/2008 1.5861
7/2/2008 1.5869
7/21/2008 1.5877
4/21/2008 1.5881
4/23/2008 1.5898
7/11/2008 1.5898
7/14/2008 1.5914
7/15/2008 1.5923
4/17/2008 1.5924
4/16/2008 1.5978
4/22/2008 1.601

So, the historical low was $0.92 or something
Point is right now the euro is a little above its historical value ...

Sure you are right? Short the dollar on the FOREX ? you could be the next Billionaire (or Broke Dick ...)

Klen 04-20-2011 12:19 PM
Quote:
Originally Posted by TheMaster (Post 18073145)
most yes, all no: the CZK has gained 60% against the euro in the last decade
Well i track currency values for last two years so dont know how was before.But i do know before one year 1 USD was 21 CZK while EUR was 25 CZK and something little,that was almost same.

TheMaster 04-20-2011 04:23 PM
Quote:
Originally Posted by Barry-xlovecam (Post 18073554)
12/31/2008 to today;
1.4222392 average

FX DATE VALUE
10/27/2008 1.2446
10/28/2008 1.2476
11/20/2008 1.2525
11/13/2008 1.2526
11/21/2008 1.2531
11/12/2008 1.2558
11/19/2008 1.2595
12/1/2008 1.2634
12/5/2008 1.2654
10/24/2008 1.2657
12/3/2008 1.2669
10/31/2008 1.2682
11/18/2008 1.269
11/28/2008 1.2694
11/3/2008 1.2719
12/2/2008 1.2724
7/1/2008 1.5778
3/18/2008 1.5784
5/23/2008 1.5784
4/11/2008 1.5796
3/27/2008 1.5798
4/15/2008 1.5801
4/9/2008 1.5804
3/31/2008 1.5805
7/22/2008 1.5811
4/14/2008 1.5827
7/16/2008 1.5847
7/18/2008 1.5855
7/17/2008 1.5861
7/2/2008 1.5869
7/21/2008 1.5877
4/21/2008 1.5881
4/23/2008 1.5898
7/11/2008 1.5898
7/14/2008 1.5914
7/15/2008 1.5923
4/17/2008 1.5924
4/16/2008 1.5978
4/22/2008 1.601

So, the historical low was $0.92 or something
Point is right now the euro is a little above its historical value ...

Sure you are right? Short the dollar on the FOREX ? you could be the next Billionaire (or Broke Dick ...)
if you accept that the "historical value" of the euro is $1.42, although the euro started at $1 = ?1 and you ignore the value of the European currencies that got replaced by the euro
also the Canadian dollar and almost every other currency in the world shows that the dollar has crashed in value ever since the Bush madness begun

TheMaster 04-20-2011 04:26 PM
Quote:
Originally Posted by KlenTelaris (Post 18073566)
Well i track currency values for last two years so dont know how was before.But i do know before one year 1 USD was 21 CZK while EUR was 25 CZK and something little,that was almost same.
I've had to exchange dollars for euros & czk for longer and let me tell you I used to get (much) more

qwe 04-20-2011 05:20 PM
we need a market crush and low oil, otherwise this shit will get worse with usd... hold it in usd account and wait it out

429mg 04-20-2011 05:24 PM
Quote:
Originally Posted by qwe (Post 18074439)
hold it in usd account and wait it out
Good advice. European banks offer USD accounts... the dollar will climb up again and then exchange your dollars

directfiesta 04-20-2011 05:35 PM
:winkwink:
Closing on a condo on the 29th of april ..

179K USA$ , will save an extra 8K since the offer was accepted ...

Seize the opportunity ... :2 cents:

L3 Payments 04-20-2011 05:39 PM
C-C-C-Crazy times we are seeing! No end in sight. As they say, what goes up, must come down and once your way down, all you can do is go UP. So, let's hope things improve sooner rather than later!

qwe 04-20-2011 05:42 PM
Quote:
Originally Posted by L3 Payments (Post 18074483)
C-C-C-Crazy times we are seeing! No end in sight. As they say, what goes up, must come down and once your way down, all you can do is go UP. So, let's hope things improve sooner rather than later!
yap, it should get worse before it gets better though, usa printing a ton of money that's not helping

INever 04-20-2011 06:02 PM
Might go up to $1.60 this time around before major profit taking. Then again, it might not.


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