What will happen with the dollar? - GoFuckYourself.com - Adult Webmaster Forum

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eiht_98

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#1

What will happen with the dollar?

12-30-2003, 04:09 AM

The US $ is at the lowest point in my 3 years as an adult webmaster. I'm from Europe so I am losing money every day. Anyone knows what will happen in the next months. Should I keep my money in $ or change it to Euros? What are other European webmsaters doing?
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#2

12-30-2003, 04:29 AM

Originally posted by eiht_98
The US $ is at the lowest point in my 3 years as an adult webmaster. I'm from Europe so I am losing money every day. Anyone knows what will happen in the next months. Should I keep my money in $ or change it to Euros? What are other European webmsaters doing?

if you can afford to keep it then do so
if not...
analysts forsee the dollar to fall even further in the next months so....
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smproduction

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#3

12-30-2003, 04:29 AM

Nobody can say what will happen in the short term.
Someone in the market see the eur/usd to 1,45 in the next year, but if FED starts to touch interest rates, the story will be different

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sacX

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#4

12-30-2003, 04:34 AM

ask your bank about currency options. I bought the option to sell USD at a fixed rate next November. Gives a bit of piece of mind if the USD goes to complete hell then at least I can get rid of some dollars, if the USD actually improves then I lose what I paid for the option (which was about half a percent of the total), but I'm happy coz the USD is stronger

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katsuki

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#5

12-30-2003, 04:37 AM

yarh we have been loosing money for the past 6 months or so, it's been on the downward and doesn't seem to be getting better

i hope it gets better sometime soon!!
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Weppel

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#6

12-30-2003, 05:45 AM

If you can hold it, hold it for sure!

If you need the money, cash in just as much as you need. I'm losing money every single day because of this stupid dollar
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sperbonzo

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#7

12-30-2003, 05:55 AM

Just a thought.....why are you SOOOO busy "blaming" this "stupid dollar"? What about a thought to the "stupid" Euro which is overinflating itself and hurting European exporting manufacturors and producers? Why aren't the European financial wizards doing something to weaken the Euro a bit and help YOUR businesses. Read the Financial Times once in a while. This strong Euro is really hurting the EU. Do you guys have to rely on the US for EVERYTHING?

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KRL

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#8

12-30-2003, 05:58 AM

Buy!

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strobi

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#9

12-30-2003, 06:01 AM

Originally posted by KRL

Buy!

why buy gold when its at his highest since like 7 or 8 years? going to rise further? nahhhh....

I'm keeping my dollars. I'm guessing for 1.10 in a year or 4,5 so thats 15% in 5 years, PLUS I invest the dollars in asian dollar funds, Asia goes up, dollar goes back to normal -> double profit :-) Watch me
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TheMaster

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#10

12-30-2003, 08:04 AM

Originally posted by smproduction
Nobody can say what will happen in the short term.
Someone in the market see the eur/usd to 1,45 in the next year, but if FED starts to touch interest rates, the story will be different

what 1.45????? I'm already loosing 20%, fuck, maybe programs should change to roubles

I'm goint to cash in my checks to my invest account in dollars and wait untill the dollars rises.

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TheMaster

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#11

12-30-2003, 08:10 AM

Originally posted by sperbonzo
Just a thought.....why are you SOOOO busy "blaming" this "stupid dollar"? What about a thought to the "stupid" Euro which is overinflating itself and hurting European exporting manufacturors and producers? Why aren't the European financial wizards doing something to weaken the Euro a bit and help YOUR businesses. Read the Financial Times once in a while. This strong Euro is really hurting the EU. Do you guys have to rely on the US for EVERYTHING?

the dollar is weak against all other currencies, so you can't all blame it on the euro.
FACT is that the dollar is weak and yes this means american companies are making extra money from the difference, disadvantage is that US companies are for sale at the moment, if this continues, US companies won't be able to expand anymore abroad, their currency is worth shit. This is beneficial on the short term, but long term this dollar is hurting the US, if the economy does worse, you're all fucked.

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Project-Shadow

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#12

12-30-2003, 08:17 AM

Baaaaaaaaaaaaargh fucking shizer.
I remember when recieving a $1k cheque meant 600-700 pounds...
Now I'm lucky to get over 500...

Yanqui's get your ass in gear please
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Vitasoy

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#13

12-30-2003, 08:34 AM

yea, if you could hold onto it, then do it...

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smproduction

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#14

12-30-2003, 10:47 AM

EUR/USD last trade 1.2562
It is going up too fast in these last days

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Buff

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#15

12-30-2003, 10:49 AM

Originally posted by KRL

Buy!

Smart man. Keep buying gold. The dollar is being devalued by the Fed.
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pradaboy

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#16

12-30-2003, 10:50 AM

tell me 'bout it... I'm just losing 25% of my income

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- AFN -

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#17

12-30-2003, 02:26 PM

why not go with a provider that pays you in euros?

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