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-   -   will the USD go up up up soon? (https://gfy.com/showthread.php?t=609473)

georgeyw 05-13-2006 10:33 PM

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?

The Judge 05-13-2006 10:36 PM

It is going down under. Cash now.

georgeyw 05-13-2006 10:37 PM

how much further can it fall...

http://finance.yahoo.com/currency/co...AUD&amt=1&t=3m

Elli 05-13-2006 10:41 PM

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.

Paul Markham 05-13-2006 10:42 PM

Quote:

Originally Posted by georgeyw

I remeber the time when we got 35 Krown to the $

http://finance.yahoo.com/currency/co...submit=Convert

wdforty 05-13-2006 10:42 PM

I really hope it goes up...

amateurcanada 05-13-2006 10:44 PM

haha, might be cheaper to move to the US :O

georgeyw 05-13-2006 10:46 PM

Quote:

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 :Oh crap

The Sultan Of Smut 05-13-2006 10:49 PM

Any sponsors paying 35 Euro per signup?

http://finance.yahoo.com/currency/co...submit=Convert

wdforty 05-13-2006 10:51 PM

Quote:

Originally Posted by georgeyw

Wasn't too long ago that the USD was close to $2AUD but no :Oh crap

Damn, those were the days!

I remember putting in a 600 cheque and getting over AUD1000
:disgust

madawgz 05-13-2006 11:10 PM

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.......

AllStar 05-13-2006 11:13 PM

Its a cycle...if you think the US monetary system is screwed up. Try the euro.

georgeyw 05-14-2006 12:29 AM

Quote:

Originally Posted by AllStar
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...

Cash 05-14-2006 12:43 AM

USD is going down, change it now in other currencies ...

spunkmaster 05-14-2006 01:14 AM

Quote:

Originally Posted by madawgz
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 ?

kaktuz 05-14-2006 01:30 AM

its gonna crash even more ;(

Antonio 05-14-2006 01:47 AM

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 ;(

Paul Waters 05-14-2006 06:57 AM

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.

wonderman 05-14-2006 07:01 AM

The Iranians are going to insist on euro as pay ment for black gold and that will fuck the dollar.

Paul Waters 05-14-2006 07:08 AM

Quote:

Originally Posted by wonderman
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.

Vitasoy 05-14-2006 09:12 AM

Cash now... even if it does go up it won't go up much and it'll eventually drop even more

Webby 05-14-2006 09:24 AM

Quote:

Originally Posted by Vitasoy
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.

thricer 05-14-2006 09:45 AM

It will be going down... not up

RogerV10 05-14-2006 09:52 AM

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.

polish_aristocrat 05-14-2006 09:56 AM

Quote:

Originally Posted by The Sultan Of Smut
Any sponsors paying 35 Euro per signup?

SPA CASH pays 35 Euros per sign up originating from EU ( they have geo targetting and europeans get charged in Euros ).

polish_aristocrat 05-14-2006 09:56 AM

on the topic - I am not an expert, I can only hope the dollar goes up again :(

gecko 05-14-2006 01:23 PM

Cash now...

e-god 05-14-2006 01:38 PM

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.

The Judge 09-20-2007 05:10 PM

Quote:

Originally Posted by The Judge (Post 9894190)
It is going down under. Cash now.

told you so

RegUser 09-20-2007 05:13 PM

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

u-Bob 09-20-2007 05:15 PM

where will it end :(

Zyber 09-21-2007 01:27 AM

Quote:

Originally Posted by u-Bob (Post 13118214)
where will it end :(

0.00
So now it's time to make some longterm debt in USD. ;)

The Sultan Of Smut 09-21-2007 02:06 AM

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.

:2 cents:

Thurbs 09-21-2007 02:09 AM

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 ;)

xmas13 09-21-2007 03:41 AM

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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