How high will the dollar go?
Nov 26th, 2009, 02:12 PM
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How high will the dollar go?
I know that's like asking how long is a piece of string but I'm sure I read on a thread somewhere that one Fodorite thought the dollar would reach parity by New Year. Not sure if that might have been you Neil?
Anyway, as I hope to be there in March I am wondering if I should just buy a few hundred dollars at a time between now and then or should I just wait till the New Year?
I would appreciate your thoughts.
Anyway, as I hope to be there in March I am wondering if I should just buy a few hundred dollars at a time between now and then or should I just wait till the New Year?
I would appreciate your thoughts.
Nov 26th, 2009, 07:41 PM
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"Sorry, of course, I'm referring to the US Dollar."
But in terms of your post title I think you mean the AUD, stormbird...?
I might have reported some sentiment to that effect (parity with the USD some time early 2010 from memory) but being utterly unqualified I have no opinion myself.
The weight of "expert opinion" suggests that the decline of the US$ (like the decline of the USA itself in relative terms) is an unstoppable long-term trend - gradual, or in the event that the Chinese get cold feet and start to liquidate their US$ holdings, a rout.
All I've noticed is that every time the AU$ approaches the US$ and someone talks about parity being within reach, the trend reverses.
Right now it's at about US$0.923.
But in terms of your post title I think you mean the AUD, stormbird...?
I might have reported some sentiment to that effect (parity with the USD some time early 2010 from memory) but being utterly unqualified I have no opinion myself.
The weight of "expert opinion" suggests that the decline of the US$ (like the decline of the USA itself in relative terms) is an unstoppable long-term trend - gradual, or in the event that the Chinese get cold feet and start to liquidate their US$ holdings, a rout.
All I've noticed is that every time the AU$ approaches the US$ and someone talks about parity being within reach, the trend reverses.
Right now it's at about US$0.923.
Nov 26th, 2009, 08:03 PM
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Thanks Neil, you're right about the trend reversing when the dollars get close.
I think I might buy some now and then see how it does go in the new year.
On another matter Neil, I went away for a few weeks in September and when I came back to Fodors I noticed that someone we thought perhaps sniffed a bit of paint was gone - any ideas what happened? I feel like I missed something.
I think I might buy some now and then see how it does go in the new year.
On another matter Neil, I went away for a few weeks in September and when I came back to Fodors I noticed that someone we thought perhaps sniffed a bit of paint was gone - any ideas what happened? I feel like I missed something.
Nov 26th, 2009, 10:57 PM
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Ah, stormbird, you've brought back old memories!
Well, not too put too fine a point on it, our mate got sacked by the Big Fodors Editor in the Sky. If you go back to his last few posts - I never know how to do that, myself - he finally went over the edge and used a racist term against a fellow poster. Whether he meant it in that light or was just, in his usual cack-handed way, trying to be funny, I don't know, but it was enough for him to be cast into the outer darkness.
Naturally I deny having any hand in this whole sordid business.
Well, not too put too fine a point on it, our mate got sacked by the Big Fodors Editor in the Sky. If you go back to his last few posts - I never know how to do that, myself - he finally went over the edge and used a racist term against a fellow poster. Whether he meant it in that light or was just, in his usual cack-handed way, trying to be funny, I don't know, but it was enough for him to be cast into the outer darkness.
Naturally I deny having any hand in this whole sordid business.
Nov 26th, 2009, 11:28 PM
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Hi Neil,
Well, I'm not surprised - he was a little unusual to say the least. And of course, it is understood that you had nothing whatsoever to do with the whole sordid business.
And fyi, I think all his posts have been wiped off and are now in cyber space forever.
Oh and the dollar has slipped 2cents as we speak! Doh!
Well, I'm not surprised - he was a little unusual to say the least. And of course, it is understood that you had nothing whatsoever to do with the whole sordid business.
And fyi, I think all his posts have been wiped off and are now in cyber space forever.
Oh and the dollar has slipped 2cents as we speak! Doh!
Nov 28th, 2009, 06:24 PM
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Hmmm. I was gone a good deal of September as well, and must have missed this. And since I have been back I have been planning another trip so hadn't been over here for awhile.
Sadly the next trip is not to Australia, so why I am doing things like looking at how the dollar compares, I do not know. Perhaps wishful thinking.
Sadly the next trip is not to Australia, so why I am doing things like looking at how the dollar compares, I do not know. Perhaps wishful thinking.
Dec 7th, 2009, 06:00 PM
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stormbird, sorry to heist your post, but just wanted to re establish contact w/ neil. neil lost your email and not here enough to find your last mention of same. could you drop me a note at [email protected] so we can reconnect ( and you can tell me who has been a bit racist )
all is ok in victoria. the city has repaired all trace of your visit, but my prior association w/ you and robyn may be why my landed immigrant app is taking so long. i do have a bc drivers license and some of that practically free health care the right in the usa loves to bash. in vancouver for a week where it is sunny but coldish. will get my snowbird experience in guatemala for 3 weeks end of january. hope you and yours are well.
cheers
andrew
ps even @ parity australia is awesome imho
all is ok in victoria. the city has repaired all trace of your visit, but my prior association w/ you and robyn may be why my landed immigrant app is taking so long. i do have a bc drivers license and some of that practically free health care the right in the usa loves to bash. in vancouver for a week where it is sunny but coldish. will get my snowbird experience in guatemala for 3 weeks end of january. hope you and yours are well.
cheers
andrew
ps even @ parity australia is awesome imho
Dec 7th, 2009, 08:53 PM
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Andrew, read an understood, will drop you a line.
Perhaps the immigration department in Ottawa has got wind of our dubious associations. Our daughter for instance is currently working in a government department of the Socialist Republic of Vietnam, and that's not the worst of it. But on second thoughts I can't see that bothering notoriously liberal Canada.
Sunny in Vancouver, eh? Count your blessings.
Perhaps the immigration department in Ottawa has got wind of our dubious associations. Our daughter for instance is currently working in a government department of the Socialist Republic of Vietnam, and that's not the worst of it. But on second thoughts I can't see that bothering notoriously liberal Canada.
Sunny in Vancouver, eh? Count your blessings.
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