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johnbeth · 19 August 2011, 02:41 AM

Good thought there Ashley

johnbeth · 22 September 2011, 04:32 PM

Gone to parity again after climbing to 1.05...

Oh well, it was good while it lasted!

dsio · 22 September 2011, 04:44 PM

I don't get it... the US economy gets bad, the AUD goes up, the US economy gets worse, the AUD goes down? =\

johnbeth · 22 September 2011, 05:33 PM

Quote:

Originally Posted by dsio

I don't get it... the US economy gets bad, the AUD goes up, the US economy gets worse, the AUD goes down? =\

I had a laugh reading that because our $ should be in reallity 1.15 by now.... Someone is making some serious profits shorting the AUD thats for sure! Because if you look AUD to Euro is around .75 so thats close to the highest its ever been.

Some serious market playing thats for sure!

cruvon · 24 September 2011, 11:00 PM

Below parity now. I believe it's all a visious cycle and the whole system needs a correction that only time can heal, a recession we need to have instead of temporary stimulus. I don't understand how China can keep importing commodities from us for infrastructure building and manufacturing when their bread and butter using our commodities comes from the US and Europe, who are deep in debt. I think unfortunately thats going to affect us too since that foodchain is unsustainable and our economy is mostly commodities dependent. Somethings not right there.

22 September 2011, 04:44 PM	#33
dsio "TRF" Member Join Date: Jun 2010 Real Name: Ashley Location: Brisbane Watch: Rolex Sub 1680 '79 Posts: 2,301	I don't get it... the US economy gets bad, the AUD goes up, the US economy gets worse, the AUD goes down? =\ __________________ -- Omega Seamaster Grand-Lux Stepped Pie-Pan 14K Gold OJ2627 '53 -- -- Omega Cal 320 Chronograph 18K Gold OT2872 '58 -- -- Omega Cal 321 Speedmaster Pro 145.012 '67 -- -- Rolex Submariner 1680 "Ghost" '79 -- -- Rolex SS Daytona 116520 '04 --

24 September 2011, 11:00 PM	#35
cruvon "TRF" Member Join Date: Apr 2011 Location: Australia Posts: 4,689	Below parity now. I believe it's all a visious cycle and the whole system needs a correction that only time can heal, a recession we need to have instead of temporary stimulus. I don't understand how China can keep importing commodities from us for infrastructure building and manufacturing when their bread and butter using our commodities comes from the US and Europe, who are deep in debt. I think unfortunately thats going to affect us too since that foodchain is unsustainable and our economy is mostly commodities dependent. Somethings not right there. __________________ Last thing I remember, I was Running outta sight I had to find the passage back,To the place I was before. ’Relax,’ said this Rolex place,We are programmed to receive. You can checkout any time you like, But you can never leave!

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19 August 2011, 02:41 AM	#31
johnbeth "TRF" Member Join Date: Jul 2010 Real Name: John Location: Australia Watch: Depends on mood. Posts: 9,536	Good thought there Ashley

22 September 2011, 04:32 PM	#32
johnbeth "TRF" Member Join Date: Jul 2010 Real Name: John Location: Australia Watch: Depends on mood. Posts: 9,536	Gone to parity again after climbing to 1.05... Oh well, it was good while it lasted!

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