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Old 05-13-2006, 10:33 PM   #1
georgeyw
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will the USD go up up up soon?

I've got a few cheques waiting to be banked but I really don't want to deposit any until the USD gets out of its rutt....

Anyone have a guesstimate about whether or not this is going to happen in the coming weeks?
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Old 05-13-2006, 10:36 PM   #2
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It is going down under. Cash now.
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Old 05-13-2006, 10:37 PM   #3
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how much further can it fall...

http://finance.yahoo.com/currency/co...AUD&amt=1&t=3m
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Old 05-13-2006, 10:41 PM   #4
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Cash out now. The girl at the bank has been asking me if I want to "keep my US cheques for later" for the last year now. I'm going with the strategy of "it'll average out over time," like they say when they're trying to reassure you when your mutual funds take a dive.
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Old 05-13-2006, 10:42 PM   #5
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Quote:
Originally Posted by georgeyw
I remeber the time when we got 35 Krown to the $

http://finance.yahoo.com/currency/co...submit=Convert
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Old 05-13-2006, 10:42 PM   #6
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I really hope it goes up...
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Old 05-13-2006, 10:44 PM   #7
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haha, might be cheaper to move to the US :O
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Old 05-13-2006, 10:46 PM   #8
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Originally Posted by Paul Markham
I remeber the time when we got 35 Krown to the $

http://finance.yahoo.com/currency/co...submit=Convert
It's ridiculous isn't it - having a look at the AUD v USD and mid march was a dream compared to now.

Wasn't too long ago that the USD was close to $2AUD but no
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Old 05-13-2006, 10:49 PM   #9
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Any sponsors paying 35 Euro per signup?

http://finance.yahoo.com/currency/co...submit=Convert
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Old 05-13-2006, 10:51 PM   #10
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Originally Posted by georgeyw

Wasn't too long ago that the USD was close to $2AUD but no
Damn, those were the days!

I remember putting in a 600 cheque and getting over AUD1000
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Old 05-13-2006, 11:10 PM   #11
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the US dollar isnt going up unless bush pays back all the money he owes to the banks, and thats not going to happen for another 25-40 years.......
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Old 05-13-2006, 11:13 PM   #12
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Its a cycle...if you think the US monetary system is screwed up. Try the euro.
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Old 05-14-2006, 12:29 AM   #13
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Its a cycle...if you think the US monetary system is screwed up. Try the euro.
understand that - that's why i'm asking if anyone thinks there will be a change in the coming weeks...
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Old 05-14-2006, 12:43 AM   #14
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USD is going down, change it now in other currencies ...
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Old 05-14-2006, 01:14 AM   #15
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Quote:
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the US dollar isnt going up unless bush pays back all the money he owes to the banks, and thats not going to happen for another 25-40 years.......

So when the Dollar was this low under Clinton in 1997 who paid back the banks ?
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Old 05-14-2006, 01:30 AM   #16
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its gonna crash even more ;(
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Old 05-14-2006, 01:47 AM   #17
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lol, you can't get two economists to agree, but you want a sound advice form GFY???

I'm double fucked here, if the US dollar weakens Im' getting less money, if the gold goes up (then the local currency is stronger) and I'm losing money again, right now the dollar's weak AND the gold is up ;(
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Old 05-14-2006, 06:57 AM   #18
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By the end of the year, the USD will be worth about .7 Euros, be on par with the CAD$ and get less than 10 Pesos.

If gold soaring through the $700 mark does not get you thinking, you don't deserve to keep you money.
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Old 05-14-2006, 07:01 AM   #19
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The Iranians are going to insist on euro as pay ment for black gold and that will fuck the dollar.
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Old 05-14-2006, 07:08 AM   #20
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The Iranians are going to insist on euro as pay ment for black gold and that will fuck the dollar.
There are those whio believe that that was Hussein's plan, and the real reason for the invasion of Iraq was to stop him.

Now if the international drug trade abandons the USD, then the US is really f*cked.
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Old 05-14-2006, 09:12 AM   #21
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Cash now... even if it does go up it won't go up much and it'll eventually drop even more
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Old 05-14-2006, 09:24 AM   #22
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Cash now... even if it does go up it won't go up much and it'll eventually drop even more
Agree! There may be minor fluctuations, but nothing to give any credence that the dollar will increase value in the forseeable future. I'd bet 95:1 it's going to sink further - a lot further.
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Old 05-14-2006, 09:45 AM   #23
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It will be going down... not up
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Old 05-14-2006, 09:52 AM   #24
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Even if it would rebound, i thought you must cash checks in a certain time or the expire.

I have lsot a few sponser checks (had them resent) by placing them on my desk and not cashing them untill it was too late.
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Old 05-14-2006, 09:56 AM   #25
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Old 05-14-2006, 09:56 AM   #26
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on the topic - I am not an expert, I can only hope the dollar goes up again
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Old 05-14-2006, 01:23 PM   #27
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Cash now...
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Old 05-14-2006, 01:38 PM   #28
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i hope it will grow atleast to the rate it was like a month ago, but the situation tells that it will fall even more.. so cash it now.
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Old 09-20-2007, 05:10 PM   #29
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It is going down under. Cash now.
told you so
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Old 09-20-2007, 05:13 PM   #30
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i dont think it will go up either
it is the end of the line for it
time to cash out the losses....massive losses
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Old 09-20-2007, 05:15 PM   #31
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where will it end
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Old 09-21-2007, 01:27 AM   #32
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where will it end
0.00
So now it's time to make some longterm debt in USD. ;)
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Old 09-21-2007, 02:06 AM   #33
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This is only short term and - I hate to say it so get lost haters - when Bush is out of office and there's someone else with some wiser fiscal policies in there the USD will gain some strength. Unless your economy falls into depression then you're screwed for a while.

This is all assuming the price per barrel falls below $80 along with a drop in the price of agricultural and housing commodities.

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Old 09-21-2007, 02:09 AM   #34
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lol .. once the illuminati has made more fortunes, bush will leave office, miraculously, dollar goes up, at about the same rate as they start cashing out all the carribean dollar accounts they built in Grand Cayman ;)
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Old 09-21-2007, 03:41 AM   #35
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What does it have to do with Bush? The US shopping spree began decades ago.

Personal debt is the issue here, get real.

Stop blaming Bush, he is not the one living in an ocean of debt, i'm pretty sure his finances are ok, not like a majority of Americans.

See my sig.
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