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Old 11-25-2004, 04:23 PM   #1
SmutGiant
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:mad FUCK!! Have you guys seen the U.S.-CAN Exchange rates!!

I deposited some sponsor checks today and JESUS it was 1.15!!!! Time to open a U.S. account and hold on to all my U.S.
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Old 11-25-2004, 04:25 PM   #2
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Quote:
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I deposited some sponsor checks today and JESUS it was 1.15!!!! Time to open a U.S. account and hold on to all my U.S.
Based on the trend the Dollar has been following, what makes you think it's going to go up anytime in the near future?
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Old 11-25-2004, 04:26 PM   #3
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Quote:
Originally posted by SmutGiant
I deposited some sponsor checks today and JESUS it was 1.15!!!! Time to open a U.S. account and hold on to all my U.S.

I'm expecting a slight re-bound to 1.20, then more tanking.

With any luck, Nortel will get de-listed and that will bring the TSE down and weaken our dollar and prop the rate up temporarily.

Canada is fucked if the dollar stays are 85 cents US. The only response to this you will see from the gov't is going to be endless interest rate hikes.
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Old 11-25-2004, 04:27 PM   #4
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The dollar is really bad these days.
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Old 11-25-2004, 04:28 PM   #5
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Yup it is, but so long as Americans have Jessica Simpson and the NFL no one gives a fuck!
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Old 11-25-2004, 04:33 PM   #6
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Yup it is, but so long as Americans have Jessica Simpson and the NFL no one gives a fuck!
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Old 11-25-2004, 04:36 PM   #7
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Yep, and it sucks. Canada cannot allow it to remain this high or we are in big trouble.

My US funds are just sitting in the bank - hopefully within the next couple of years it will be worth something again. If not - I have a ton of shopping to do State side. Rodeo Drive, here I come! w00t!
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Old 11-25-2004, 04:43 PM   #8
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In late August I was still getting something like 1.25 from the bank, it just keeps sinking and sinking... maybe a US funds acct is not a bad idea. But I don't anticipate a rebound until, ooooo about 4 years from now when a new prez is elected :D
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Old 11-25-2004, 04:50 PM   #9
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Bush being in office another 4 years = lower US dollar.

History shows that Republicans spend, Democrats save.



This is actually good for every other country in the world, but not good for US cheques / wires that are outbound.

Since Bush came into office, houses have doubled their prices in Australia.

Economy has been great. Every cocksucker now owns a BMW or a Mercedes.

Last edited by Juggernaut; 11-25-2004 at 04:52 PM..
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Old 11-25-2004, 05:38 PM   #10
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I have a ton of shopping to do State side.
Damn right! Christmas shopping online this year!
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Old 11-25-2004, 05:38 PM   #11
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Geroge Bush did it on purpse to increase trade and make the defecit less valuable. I gues he didnt realize almost all of us only have holdings in US. Ow wait. He knew that, he just didnt give a fuck.
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Old 11-25-2004, 05:39 PM   #12
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1.16 . That's what i call ... BAD
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I rebooted, deleted temp files, history, cookies and everything...still cannot view the news clip. All I see is that fucking gay ass music video from "Rick Roll". Anyone else have a different link to the news clip?
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Old 11-25-2004, 05:39 PM   #13
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Hopefully i make more money then ever so it compensate
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I rebooted, deleted temp files, history, cookies and everything...still cannot view the news clip. All I see is that fucking gay ass music video from "Rick Roll". Anyone else have a different link to the news clip?
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Old 11-25-2004, 05:42 PM   #14
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Geroge Bush did it on purpse to increase trade and make the defecit less valuable. I gues he didnt realize almost all of us only have holdings in US. Ow wait. He knew that, he just didnt give a fuck.
I think it actually means that the familys oil stocks make them more money.

You're right, they don't give a fuck.

We're just wasting our time typing messages to one another about this topic.
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Old 11-25-2004, 05:42 PM   #15
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Quote:
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In late August I was still getting something like 1.25 from the bank, it just keeps sinking and sinking... maybe a US funds acct is not a bad idea. But I don't anticipate a rebound until, ooooo about 4 years from now when a new prez is elected :D
Yeah right, Bush is one of the cause of all that shit
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Old 11-25-2004, 06:08 PM   #16
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HOLY SHIT!!! i had no clue it was THAT low now....
i've got a US account but i cant keep it in US fund forever....
can we not be reminded every day!!!
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Old 11-25-2004, 06:11 PM   #17
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I was going to buy a house come spring, but all my holdings are in USD. No way am I converting something that large at these rates!
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Old 11-25-2004, 06:13 PM   #18
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I was going to buy a house come spring, but all my holdings are in USD. No way am I converting something that large at these rates!
WG
Hey WiredGuy, is there a way I could contact you? Email or ICQ perhaps?
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Old 11-25-2004, 06:17 PM   #19
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Unless you got a lot of Canadian $ to cover you for maybe 4 or more years... time to exchange right away.
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Old 11-25-2004, 06:25 PM   #20
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Quote:
Originally posted by Juggernaut
I think it actually means that the familys oil stocks make them more money.

You're right, they don't give a fuck.

We're just wasting our time typing messages to one another about this topic.
BIngo.

The value of 50.00 a barrel by the next generation will be a real bargain!

Welcome to tyranny for profit.
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Old 11-25-2004, 06:28 PM   #21
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Originally posted by Vitasoy
Unless you got a lot of Canadian $ to cover you for maybe 4 or more years... time to exchange right away.
I could survive it... may have to take out a little here and there but for the most part I could do it.
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Old 11-25-2004, 06:41 PM   #22
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The people at my bank were always bitching at me for transferring from my US to CA account right after depositing. Right now I'm glad I did the exchanges when I did, but I'm not sure what to do now. Its dropped something like 5 cents in a month?

Taking a beating.
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Old 11-25-2004, 07:34 PM   #23
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Sorry

I know my country sucks
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Old 11-25-2004, 07:37 PM   #24
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The world should go to a single currency.
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Old 11-25-2004, 07:39 PM   #25
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Quote:
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Based on the trend the Dollar has been following, what makes you think it's going to go up anytime in the near future?
It will take SERIOUS deficit management and control to make the dollar go back up.

Plus, there's HEAVY specualtive action against the dollar. 1.3 $ for euros is just the beginning.
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Old 11-25-2004, 07:39 PM   #26
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The world should go to a single currency.
Or maybe go back to the Gold standard.
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Old 11-25-2004, 07:52 PM   #27
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Just have to work smarter to make up the differance...no biggy
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Old 11-25-2004, 08:06 PM   #28
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Just have to work smarter to make up the differance...no biggy
I hate that I have to work smarter or harder just to make up a difference. If I worked harder I would like to appreciate the fruits of my extra efforts.
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Old 11-25-2004, 08:41 PM   #29
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Yup...this shit is killin me...

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Old 11-25-2004, 08:44 PM   #30
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well that sucks
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Old 11-25-2004, 08:46 PM   #31
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Or maybe go back to the Gold standard.
Not a bad idea, all you guys with big USD reserves should purchase gold.
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Old 11-25-2004, 08:47 PM   #32
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I deposited some sponsor checks today and JESUS it was 1.15!!!! Time to open a U.S. account and hold on to all my U.S.
i have a us borderless account, business account, and personal account.

handy to have the borderless account
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Old 11-25-2004, 08:51 PM   #33
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Things will rebound a little and when it does convert what you got because it's going to drop big time afterwards...
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Old 11-25-2004, 08:52 PM   #34
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Or maybe go back to the Gold standard.

The problem with that idea is that there is more money in circulation than there is in gold. So that would only make things worse.

the rich richer and the poor porrer.

Remember that your "rich" may not be enough to stay that way.
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Old 11-25-2004, 09:15 PM   #35
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thats horrible
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Old 11-25-2004, 09:20 PM   #36
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I just got word that by New Years the Canadian dollar will be at par with the U.S.
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Old 11-25-2004, 09:53 PM   #37
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I just got word that by New Years the Canadian dollar will be at par with the U.S.
that would be sick
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Old 11-27-2004, 01:12 AM   #38
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Quote:
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The problem with that idea is that there is more money in circulation than there is in gold. So that would only make things worse.

the rich richer and the poor porrer.

Remember that your "rich" may not be enough to stay that way.
The problem is that after the US got off the Gold standard during the Nixon administration, the only thing backing up the greenback was the US' reputation. This reputation can get seriously rocked by deficits and balance of payment issues.

Proof: see the inverse relationship between gold and the US dollar during the 70's WHICH is happening AGAIN now! Gold goes up, dollar goes down.

By being tied to something of actual value, the dollar is tempered and retains its value. Post Gold Standard, it's anyone's guess when it will stabilize... specially with the Chinese Yuan piggybacking on it.
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Old 11-27-2004, 01:27 AM   #39
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I just got word that by New Years the Canadian dollar will be at par with the U.S.

That would suck big time.
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Old 11-27-2004, 01:36 AM   #40
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You should se the exchange rates here in Sweden

I get around 35% less for the $ than 2 years ago.....
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Old 11-27-2004, 01:39 AM   #41
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I experienced it first-hand today. ewwwwwwwwwww...
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Old 11-27-2004, 04:31 AM   #42
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I just got word that by New Years the Canadian dollar will be at par with the U.S.
word from who?
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Old 11-27-2004, 04:38 AM   #43
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Sorry

I know my country sucks

Fuck you asshole

I think you should leave this country if you think it sucks
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Old 11-27-2004, 04:44 AM   #44
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You should se the exchange rates here in Sweden

I get around 35% less for the $ than 2 years ago.....
Same here.
Though I make more non-us sales because it is cheaper. Take advantage of it
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Old 11-27-2004, 04:45 AM   #45
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tell the surfers and they sign up
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