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-   -   Will the Dollar Ever Get Better? (https://gfy.com/showthread.php?t=344409)

nastyking 08-21-2004 02:59 PM

Will the Dollar Ever Get Better?
 
EUR/USD: 1,2320

I have so much US funds, i could cry a river :( :(

Veterans Day 08-21-2004 03:00 PM

hmmm my dollar is still worth a dollar :glugglug

EviLGuY 08-21-2004 03:03 PM

It really sucks.. I miss the good days in 2000 when 1 dollar us would get me 1.52 canadian.

doober 08-21-2004 03:38 PM

Quote:

Originally posted by EviLGuY
It really sucks.. I miss the good days in 2000 when 1 dollar us would get me 1.52 canadian.
I can recall 1.61 -1.62 .....ooooofffff where those ever 'the good ol days'

Gunni 08-21-2004 03:51 PM

hopefully Kerry will bring the dollar back to 1/1 against the Euro :thumbsup

nastyking 08-21-2004 03:52 PM

Quote:

Originally posted by Gunni
hopefully Kerry will bring the dollar back to 1/1 against the Euro :thumbsup
http://www.shiceland.com/gfy/bukkake.gif

would rock ;)

Preacher 08-21-2004 04:36 PM

Quote:

Originally posted by nastyking
http://www.shiceland.com/gfy/bukkake.gif

would rock ;)

hahaha... good one... right click save as... :glugglug

Vitasoy 08-21-2004 04:55 PM

Quote:

Originally posted by Gunni
hopefully Kerry will bring the dollar back to 1/1 against the Euro :thumbsup
One can only hope, that would be a miracle~!

cayne 08-21-2004 04:57 PM

I don't have much, but everytime I get a $ check I'm scared of the conversion into ?.

Mr Dickovitch 08-21-2004 05:16 PM

Quote:

Originally posted by Gunni
hopefully Kerry will bring the dollar back to 1/1 against the Euro :thumbsup
You don't seem to understand that the President of the United States does what is best for the USA, not Europe. If it's in the best interest of the US for the dollar to stay low the Kerry will do everything in his power to keep it low to increase exports.

By the way... good luck in your next presidential election. Who do you think the muslims will pick for you next time? :1orglaugh

Doctor Dre 08-21-2004 06:54 PM

I highly doubt that will get a lot better ... maybe in 10 years

FlyingIguana 08-21-2004 06:57 PM

it can still get much worse

hydro 08-21-2004 06:57 PM

Quote:

Originally posted by Mr Dickovitch
You don't seem to understand that the President of the United States does what is best for the USA, not Europe. If it's in the best interest of the US for the dollar to stay low the Kerry will do everything in his power to keep it low to increase exports.

By the way... good luck in your next presidential election. Who do you think the muslims will pick for you next time? :1orglaugh

:1orglaugh

digifan 08-21-2004 07:05 PM

Quote:

Originally posted by FlyingIguana
it can still get much worse
I love your optimism :helpme

stereolab 08-21-2004 07:09 PM

Quote:

Originally posted by digifan
I love your optimism :helpme
have you seen our trade deficit lately? it can, and probably will, get much worse.

FlyingIguana 08-21-2004 07:11 PM

Quote:

Originally posted by digifan
I love your optimism :helpme
i'm a realist. people here have said some stupid things regarding the dollar hoping it would go up. it hasn't and won't for a while, how long nobody knows.

Easton 08-21-2004 07:17 PM

Quote:

Originally posted by nastyking
EUR/USD: 1,2320

I have so much US funds, i could cry a river :( :(

if that's the case, just hedge the amount by trading F/X futures contracts...

so many people whine about the exchange rates on here, when all they need to do is go short or long (depending on their position) a single contract, then roll it over every 3 months... the commission to trade one contract is only $11... and the initial margin is about $2500... simple as that

you guys can open your account here: Cannon Trading in Beverly Hills, CA

and yes, non-US residents are welcome :)

fris 08-21-2004 07:19 PM

Quote:

Originally posted by nastyking
EUR/USD: 1,2320

I have so much US funds, i could cry a river :( :(

sucks for me in canadian. i wish it was higher.

dont get as much as i used too

fr8 08-21-2004 07:19 PM

Quote:

Originally posted by nastyking
EUR/USD: 1,2320

I have so much US funds, i could cry a river :( :(

Ask bush.


Great sig.
http://www.shiceland.com/gfy/oracle.gif :1orglaugh :1orglaugh :1orglaugh

dready 08-21-2004 07:38 PM

Thirty cents on the dollar in the last year!

baddog 08-21-2004 07:39 PM

Quote:

Originally posted by EviLGuY
It really sucks.. I miss the good days in 2000 when 1 dollar us would get me 1.52 canadian.
I hope that never happens again

Shoehorn! 08-21-2004 07:40 PM

The economy is cyclical. It'll get better.

baddog 08-21-2004 07:41 PM

Quote:

Originally posted by Gunni
hopefully Kerry will bring the dollar back to 1/1 against the Euro :thumbsup
he has to win first, and campaigning on a platform of bringing the USD on par with the Euro is probably not going to happen

montel 08-21-2004 08:38 PM

its getting weaker n weaker. those hu already have shud convert it as soon as possible... otherwise be prepared to cry:2 cents:

stereolab 08-21-2004 10:31 PM

Quote:

Originally posted by fr8
Ask bush.


Great sig.
http://www.shiceland.com/gfy/oracle.gif :1orglaugh :1orglaugh :1orglaugh

actually, ask china. they're keeping their currency artificially low to keep their exports cheap. this is sending our trade balance all out of whack and is putting downward pressure on the dollar.


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