Australian Dollar

[77CVT]

http://finance.ninemsn.com.au/newsbusiness/aap/8471534/a-to-fall-below-90-cents-economist  :ohoh:

                                      :shake:

.....then again....I also heard that our dollar will be around $1.70 US in 2 years!  

[bfit]

our Dollar
MMM
$0.94 in the next few months
If we are lucky.
If Greece does not roller over             ( and I think it will )
$1.055  Jan / Feb next year .
IF Greece does go under  god help us


The lucky country has the inmates running the asylum.
How sad is the federal Australian parliament.

 
Bfit

[Jethro]

our Dollar
MMM
$0.94 in the next few months
If we are lucky.
If Greece does not roller over             ( and I think it will )
$1.055  Jan / Feb next year .
IF Greece does go under  god help us


The lucky country has the inmates running the asylum.
How sad is the federal Australian parliament.

 
Bfit

Thank fook I got most of me engine parts in hey Rob:bannana:  But on a serious note the sooner we get back under parity the better it will be fro Aust manufacturing..... this Aus dollar being over a US buck is killing our countries remaining manufacturing :mad:

[Scott]

I'm planning on taking a trip to the US over Christmas.  I exchanged $2000 into $US when we were at around $1.07, but I think I'll need more than that.  Maybe I should grab some more while it's still decent.  I think there is more chance that it will drop than it will be going up.

[bfit]

Jethro
I agree .
We need our dollar in the low nineties
Even in to the eighties  
To get the countries back on track,
We are fare to polarised towards selling minerals.
That will not last long term.
.
Bfit

[StephenSLR]

Yeah the fluctuating AUD has caused me grief.  I sent over an amount for a car (non-Corvette).  It was floating around 1.04 USD and it took a brief nose dive, I sent at the 0.97 mark, it fell further and then bounced right back a week later.

If I'd sent it 2 weeks either way I'd have ~$1,500 AUD more in my hand today.

s

[StephenSLR]

There's a conflicting report that's just come out.

Australian economy set to outperform developed world

s

[bfit]

Interesting reading
and there is some likely hood that we will do better that the rest of the world

However
stand back and take the view of doing better,
it depend on your  point of view.
 
If  we only stagnate while the rest of the world  goes  in to recession.

Now we can make the numbers look s--t hot for australia
but are we really going to do OK.

Our Government is taking a view to cut spending
that usually means that tax's will go up in the not to distant future.

Not mater what they say.
 
just look at how they are all treating Craig Thomson
no mater what he  is accused of
that is not they way to treat another human
would any one expect them to treat us any better.

what ever happens it will not be good for the general population of australia.

You will notice that not to many politicians look like they go hungry.
As more and more people go to the streets to live.

Not to many of them have any compassion  for any one other that them selves
A few independents are the exception.

Bfit

You mite get that,
I do not have a good opinion of our government or the opposition.
neither
could not run a bordello
never mind  make it profitable