USD$ goes shit... your bet from here. - GoFuckYourself.com

Braincash Fred · 11-07-2007, 08:27 AM

Seems it just hit 1.10 agains can$ today ... lost 5% in one week.

What is your bet from here? Back up or more down?

SleazyDream · 11-07-2007, 08:28 AM

jesus fuck

Shagbunny · 11-07-2007, 08:33 AM

waaaay toooo fasssst

EZRhino · 11-07-2007, 08:35 AM

This is too funny. People who make decisions on their money from watching the market day to day will always lose their shirt. Guaranteed

ChatCash_Rob · 11-07-2007, 08:38 AM

I saw some analysts predicting it to lose a further 40-50% of it's current value...I hope they were sniffing glue.

webgurl · 11-07-2007, 08:41 AM

It is totally rediculous ,
Total Nightmare I cannot believe this is happening ....
I knew i should have just cashed out the majority of my US
funds 2 weeks agao when it was 0.9825 for like 5 hrs on Monday
October 29th
Also luxury cars in the US are about 25-30% cheaper too ,
some dealers are not allowed to sell to Canada a well .

advokat · 11-07-2007, 08:44 AM

there is still time to dump USA dollars, while you can, dont wait until it will go up, you going to wait 50 years

tranza · 11-07-2007, 08:44 AM

I bet it's going at least 20% down until the end of next year.

Axeman · 11-07-2007, 09:52 AM

You'll see the Bank of Canada drop rates to force the dollar lower if need be. The country depends far to much on exports, manufacturing and tourism to have the dollar this strong.

http://www.theglobeandmail.com/servl...Story/Business

Lykos · 11-07-2007, 10:12 AM

i really hope it goes up

Mike Dutch · 11-07-2007, 10:19 AM

It will fall more and more this is just the beginning

Ross · 11-07-2007, 10:20 AM

Quote:

Originally Posted by webgurl

It is totally rediculous ,
Total Nightmare I cannot believe this is happening ....
I knew i should have just cashed out the majority of my US
funds 2 weeks agao when it was 0.9825 for like 5 hrs on Monday
October 29th
Also luxury cars in the US are about 25-30% cheaper too ,
some dealers are not allowed to sell to Canada a well .

I'm the same as you, I didn't cash my USD when the Dollar hit $2 to £1, I thought it was just temporary and it would come back under. How wrong was I!? I'm just using that money now to pay my business bills. No way in hell am I changing it to british pounds.

webgurl · 11-07-2007, 10:24 AM

Quote:

Originally Posted by Ross

I'm the same as you, I didn't cash my USD when the Dollar hit $2 to £1, I thought it was just temporary and it would come back under. How wrong was I!? I'm just using that money now to pay my business bills. No way in hell am I changing it to british pounds.

Ross ! OMG we have it bad but you guys have it 5x's worst
so i feel for yah

yahoo-xxx-girls.com · 11-07-2007, 11:02 AM

Bump ...

yahoo-xxx-girls.com · 11-07-2007, 11:05 AM

Bump ...

xmas13 · 11-07-2007, 12:10 PM

Bump against USD devaluation. It sucks.

stev0 · 11-07-2007, 12:59 PM

Quote:

Originally Posted by EZRhino

This is too funny. People who make decisions on their money from watching the market day to day will always lose their shirt. Guaranteed

This is a lot more than a day to day fluctuation... look at gold prices, historically a jump like this in gold generally gives a pretty clear indication of two things, a falling dollar and recession.

I'd like to see it get back up to at least par with the Canadian dollar, but I don't see that happening soon.

Calvinguy · 11-07-2007, 01:00 PM

https://youtube.com/watch?v=4w9EksAo5hY

Cman · 11-07-2007, 01:01 PM

how low can you go! down down down

canadian companies need to start paying in CAD lol

AllStar · 11-07-2007, 01:42 PM

Probably gonna have to wait till spring till it gets better.

There will be a correction, analysts were talking about it already. So you have to wait it out.

Damian_Maxcash · 11-07-2007, 01:47 PM

Quote:

Originally Posted by EZRhino

This is too funny. People who make decisions on their money from watching the market day to day will always lose their shirt. Guaranteed

Many of us get checks in the EU or the UK on a daily basis -we are not talking investment strategy here.......

Daily movements can make a big difference to affiliates this side of the pond. Thats why you see so many posts about it on here. Most of us probably wouldnt notice or care otherwise.

fuhkinglou · 11-07-2007, 01:54 PM

INteresting stuff on The McLaughlin Group. NOT PROMISING! Most under reported story on the news.

Praguer · 11-07-2007, 02:10 PM

This is what is creating the panic :

" Chinese officials signaled plans to diversify the nation's $1.43 trillion of foreign exchange reserves...T he dollar is ``losing its status as the world currency,'' Xu Jian, a central bank vice director, We will favor stronger currencies over weaker ones, and will readjust accordingly,''

... China is the second-largest holder of U.S. government debt after Japan"

Original Story here:

http://www.bloomberg.com/apps/news?p...h_s&refer=home

This is not good news for anybody, American or not

RegUser · 11-07-2007, 02:16 PM

it is understood now that the downslide can speed up from here and the $ may lose another 10-25% value very rapidly
i say invest in gold guys
if dollar drops at least gold will be up

RegUser · 11-07-2007, 02:20 PM

“The U.S dollar's global currency status is shaky and the creditworthiness of dollar assets is falling,” said Mr. Xu, who noted he was speaking in a personal capacity.

He said he expected the dollar to weaken further in 2008 under the impact of the gaping U.S. trade deficit. That could push the price of gold to $1,000 an ounce from a 28-year peak of $840 scaled on Wednesday, Mr. Xu said.

flashfire · 11-07-2007, 03:04 PM

canada will have to cut rates if it continues...exports, tourism, and local retailers are suffering. Everyone around here is only shopping in the US

flashfire · 11-07-2007, 03:12 PM

CND closed at 1.0775, getting stupid...up and down this much in one day

View Poll Results: USD$ from here... back up or more down?
UP	6	11.54%
Down	46	88.46%
Voters: 52. You may not vote on this poll

11-07-2007, 08:27 AM	#1
Braincash Fred Confirmed User Join Date: Jul 2002 Location: Montreal Posts: 1,589	USD$ goes shit... your bet from here. Seems it just hit 1.10 agains can$ today ... lost 5% in one week. What is your bet from here? Back up or more down? Last edited by Braincash Fred; 11-07-2007 at 08:28 AM..

11-07-2007, 08:28 AM	#2
SleazyDream I'm here for SPORT Industry Role: Join Date: Jul 2001 Location: Phone # (401) 285-0696 Posts: 41,470	jesus fuck __________________ This dog, is dog, a dog, good dog, way dog, to dog, keep dog, an dog, idiot dog, busy dog, for dog, 20 dog, seconds dog! Now read without the word dog.

11-07-2007, 08:38 AM	#5
ChatCash_Rob Confirmed User Industry Role: Join Date: Apr 2004 Posts: 749	I saw some analysts predicting it to lose a further 40-50% of it's current value...I hope they were sniffing glue. __________________ www.chatcash.com ...coming soon! icq # 131127104 rob{AT}chatcash

11-07-2007, 08:44 AM	#8
tranza ICQ: 197-556-237 Join Date: Jun 2003 Location: BRASIL !!! Posts: 57,559	I bet it's going at least 20% down until the end of next year. __________________ I'm just a newbie.

11-07-2007, 08:33 AM	#3
Shagbunny Confirmed User Industry Role: Join Date: Oct 2007 Location: wut Posts: 3,028	waaaay toooo fasssst

11-07-2007, 08:35 AM	#4
EZRhino Confirmed User Industry Role: Join Date: Jul 2003 Location: couch Posts: 6,258	This is too funny. People who make decisions on their money from watching the market day to day will always lose their shirt. Guaranteed

11-07-2007, 08:41 AM	#6
webgurl Confirmed User Join Date: Aug 2002 Location: Clouds with Carebears Posts: 7,954	It is totally rediculous , Total Nightmare I cannot believe this is happening .... I knew i should have just cashed out the majority of my US funds 2 weeks agao when it was 0.9825 for like 5 hrs on Monday October 29th Also luxury cars in the US are about 25-30% cheaper too , some dealers are not allowed to sell to Canada a well .

11-07-2007, 08:44 AM	#7
advokat So Fucking Banned Join Date: Mar 2007 Posts: 92	there is still time to dump USA dollars, while you can, dont wait until it will go up, you going to wait 50 years

11-07-2007, 09:52 AM	#9
Axeman Confirmed User Join Date: Feb 2004 Location: Swamp Posts: 5,201	You'll see the Bank of Canada drop rates to force the dollar lower if need be. The country depends far to much on exports, manufacturing and tourism to have the dollar this strong. http://www.theglobeandmail.com/servl...Story/Business __________________ XXXRewards - Karups - Boyfun - Jawked. Paying on time since 1997. Contact me at brent [at] xxxrewards.com

11-07-2007, 10:12 AM	#10
Lykos Too lazy to set a custom title Industry Role: Join Date: Apr 2003 Location: World Posts: 31,027	i really hope it goes up __________________

11-07-2007, 10:19 AM	#11
Mike Dutch Confirmed User Join Date: Aug 2003 Location: Amsterdam, The Netherlands Posts: 5,607	It will fall more and more this is just the beginning __________________ Advidi.com -- Your Dating, Diet and Skincare Partner with over 1000 offers --

11-07-2007, 11:02 AM	#14
yahoo-xxx-girls.com Confirmed User Join Date: Jul 2006 Location: Canada Posts: 3,143	Bump ... __________________ sig too big

11-07-2007, 11:05 AM	#15
yahoo-xxx-girls.com Confirmed User Join Date: Jul 2006 Location: Canada Posts: 3,143	Bump ... __________________ sig too big

11-07-2007, 12:10 PM	#16
xmas13 Confirmed User Join Date: Dec 2004 Location: GFY Posts: 5,176	Bump against USD devaluation. It sucks. __________________ ICQ 557504926

11-07-2007, 01:00 PM	#18
Calvinguy Confirmed User Join Date: Oct 2002 Location: European Union Posts: 1,752	https://youtube.com/watch?v=4w9EksAo5hY

11-07-2007, 01:01 PM	#19
Cman Confirmed User Join Date: Jun 2004 Location: Canada Posts: 697	how low can you go! down down down canadian companies need to start paying in CAD lol __________________ I could put stuff here, but you don't care.

11-07-2007, 01:42 PM	#20
AllStar Confirmed User Join Date: Feb 2006 Posts: 461	Probably gonna have to wait till spring till it gets better. There will be a correction, analysts were talking about it already. So you have to wait it out. __________________ WWW.allstarcontent.com Killer Content

11-07-2007, 01:54 PM	#22
fuhkinglou Confirmed User Join Date: Jul 2006 Location: NYC Posts: 951	INteresting stuff on The McLaughlin Group. NOT PROMISING! Most under reported story on the news. __________________ -------- Whose Your Porn Pal? Want to trade hardlinks? ICQ - 264-934-933

11-07-2007, 02:10 PM	#23
Praguer Confirmed User Join Date: Dec 2002 Location: Prague, CZ Posts: 991	This is what is creating the panic : " Chinese officials signaled plans to diversify the nation's $1.43 trillion of foreign exchange reserves...T he dollar is ``losing its status as the world currency,'' Xu Jian, a central bank vice director, We will favor stronger currencies over weaker ones, and will readjust accordingly,'' ... China is the second-largest holder of U.S. government debt after Japan" Original Story here: http://www.bloomberg.com/apps/news?p...h_s&refer=home This is not good news for anybody, American or not __________________ High Quality-High Definition Adult Content ICQ: 348740763

11-07-2007, 02:16 PM	#24
RegUser Confirmed User Join Date: Nov 2004 Posts: 1,472	it is understood now that the downslide can speed up from here and the $ may lose another 10-25% value very rapidly i say invest in gold guys if dollar drops at least gold will be up

11-07-2007, 02:20 PM	#25
RegUser Confirmed User Join Date: Nov 2004 Posts: 1,472	“The U.S dollar's global currency status is shaky and the creditworthiness of dollar assets is falling,” said Mr. Xu, who noted he was speaking in a personal capacity. He said he expected the dollar to weaken further in 2008 under the impact of the gaping U.S. trade deficit. That could push the price of gold to $1,000 an ounce from a 28-year peak of $840 scaled on Wednesday, Mr. Xu said.

11-07-2007, 03:04 PM	#26
flashfire ICQ 1 6 7 8 5 3 4 9 2 Join Date: Feb 2003 Posts: 13,098	canada will have to cut rates if it continues...exports, tourism, and local retailers are suffering. Everyone around here is only shopping in the US

11-07-2007, 03:12 PM	#27
flashfire ICQ 1 6 7 8 5 3 4 9 2 Join Date: Feb 2003 Posts: 13,098	CND closed at 1.0775, getting stupid...up and down this much in one day