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-   -   About US dollar... (https://gfy.com/showthread.php?t=364668)

Kevsh 09-18-2007 07:58 AM

Fiddy US Dollars

mistergardener 09-18-2007 08:13 AM

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.

Klen 09-18-2007 08:19 AM

Soon for one euro you will get 5 dollars.

directfiesta 09-18-2007 09:20 AM

Quote:

Originally Posted by mistergardener (Post 13104501)
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 :1orglaugh

_Richard_ 09-18-2007 09:30 AM

Quote:

Originally Posted by directfiesta (Post 11174446)
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. :2 cents:

:1orglaugh good call

GreyWolf 09-18-2007 10:13 AM

Quote:

Originally Posted by directfiesta (Post 13104849)
you should run for office ....

You said a lot, but it means nothing :1orglaugh

:1orglaugh:1orglaugh:thumbsup

Someone needs to tell China and other creditor nations that is just a matter of "economic flows" and "a new set of legalities" involved :winkwink:

Vick! 09-18-2007 11:53 AM

No chance.

As long as US do not get rid of Bush.

GAMEFINEST 09-18-2007 11:58 AM

it will creep back up ..

solomonYBM 09-18-2007 12:02 PM

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.

Fap 09-18-2007 01:13 PM

It will go up no worries

Axeman 09-18-2007 01:16 PM

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.

mattz 09-18-2007 01:18 PM

who knows, anything could happen

pornguy 09-18-2007 01:20 PM

Yes it will. it will be a slow rise at first, and then it will take a jump.

LadyMischief 09-18-2007 01:53 PM

Quote:

Originally Posted by directfiesta (Post 13104384)
just an appropriate bump ..... from 2004 & oct. 2006

Yep it's sick bank rates put it on par today. :(

AdultB2B 09-18-2007 02:25 PM

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!

teomaxxx 09-18-2007 03:13 PM

Quote:

Originally Posted by Axeman (Post 13106101)
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.

teomaxxx 09-18-2007 03:17 PM

Quote:

Originally Posted by teomaxxx (Post 13106751)
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

u-Bob 09-18-2007 04:36 PM

gold :)

stev0 09-18-2007 04:43 PM

Quote:

Originally Posted by mistergardener (Post 13104501)
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?

Silvercash Tess 09-18-2007 05:20 PM

Quote:

Originally Posted by Jenny S. (Post 11174950)
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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