Aussie Dollar on the rise - $1.70us

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posted on May, 9 2011 @ 05:38 AM
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Aussie Dollar on the rise - $1.70us


www.news.com.au

THE Aussie dollar could hit $US1.70 in three years, according to one of the world's leading money experts.

Read more: www.news.com.au... 8#ixzz1LqksfLAL
(visit the link for the full news article)




posted on May, 9 2011 @ 05:38 AM
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Even though this is just another economist suggesting the Aussie$ could rise to $1.70 towards 2014, I believe his observations are educated.
The demise of the US$ has been evident for the last few years and with Australian resources in demand and lots of them, it becomes a favourable environment for the Au$.
This of course has its benefits for Australians being cheaper imports etc. But it has a downside. Anyhope of Australia building a strong and sustainable manufacturing industry goes out the _

The up side for the US is that they technically should grow their manufacturing base and create employment and take advantage of it.

I do not see the US dollar recovering.


www.news.com.au
(visit the link for the full news article)



posted on May, 9 2011 @ 05:45 AM
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the Us dollar is sinking
so is the british pound...
if you have inflation your dollar will not last to long...

Though here in Canada Harper, one of Howard's old buddies
lobbied for US style banking which he didn't get
but he is hell bent on tying us to the titanic US and to Mexico as they go down..

hope you have better luck with your proximity to india and china...

of course the US is hell bent on starting a war there in asia which can't be good for OZ

remember On the Beach....?



posted on May, 9 2011 @ 05:54 AM
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That's a long way to go from its current position of $1.07

2nd



posted on May, 9 2011 @ 05:56 AM
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reply to post by JakiusFogg
 


Haha true that.



posted on May, 9 2011 @ 05:57 AM
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reply to post by JakiusFogg
 


In 1999 it was sitting around $0.52



posted on May, 9 2011 @ 05:58 AM
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U.S dollar dropping faster than a strippers g-string on the currency markets.. It went down again today . So the oz dollar may reach that sooner.. Go Oz !!



posted on May, 9 2011 @ 05:59 AM
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reply to post by Danbones
 


Not sure if Wars are good for anyone.

On the beach?



posted on May, 9 2011 @ 06:00 AM
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I'm curious to see what (if anything) happens with the dollar today as word hits that China gets to start trading in gold soon.

www.abovetopsecret.com...



posted on May, 9 2011 @ 06:02 AM
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Aussie Aussie Aussie.
Oi Oi Oi.
I knew australia is WINNING.
Go us Aussies, i will be buying Donald Trump and Obama very soon.
Say hello to your new leader America


F&S as i own you
edit on 9-5-2011 by meathed because: (no reason given)



posted on May, 9 2011 @ 06:03 AM
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reply to post by guessing
 


So by 2021 then it should be $1.63



posted on May, 9 2011 @ 06:05 AM
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Originally posted by notsofunnyguy
I'm curious to see what (if anything) happens with the dollar today as word hits that China gets to start trading in gold soon.

www.abovetopsecret.com...

It dropped again today on the currency exchanges here in asia.



posted on May, 9 2011 @ 06:10 AM
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Originally posted by meathed
Aussie Aussie Aussie.
Oi Oi Oi.
I knew australia is WINNING.
Go us Aussies, i will be buying Donald Trump and Obama very soon.
Say hello to your new leader America


F&S as i own you
edit on 9-5-2011 by meathed because: (no reason given)

Maybe you can get a 2 for 1 deal on them..



posted on May, 9 2011 @ 06:58 AM
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Fricken sweet!!!!!!

I live and work in Malaysia for an Aussie company, everytime the dollar goes up its like I get a pay rise


Go the Aussie$

(Until I get home then it can go back down)



posted on May, 9 2011 @ 07:03 AM
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reply to post by JakiusFogg
 


Have you made adjustments for hyperinflation?

pick a number any number....



posted on May, 9 2011 @ 07:04 AM
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Originally posted by Expat888

Originally posted by meathed
Aussie Aussie Aussie.
Oi Oi Oi.
I knew australia is WINNING.
Go us Aussies, i will be buying Donald Trump and Obama very soon.
Say hello to your new leader America


F&S as i own you
edit on 9-5-2011 by meathed because: (no reason given)

Maybe you can get a 2 for 1 deal on them..


If i buy two for one, i want a discount

But that trump isnt worth a dollar. so throw him in for nothing and you got a deal
edit on 9-5-2011 by meathed because: (no reason given)



posted on May, 9 2011 @ 07:04 AM
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Originally posted by meathed
Aussie Aussie Aussie.
Oi Oi Oi.
I knew australia is WINNING.
Go us Aussies, i will be buying Donald Trump and Obama very soon.
Say hello to your new leader America


F&S as i own you
edit on 9-5-2011 by meathed because: (no reason given)


Why ON EARTH would you want to buy Obama?

And Trump? You might be able to buy his hair soon, but I think it'll still be awhile before you get the whole package.



posted on May, 9 2011 @ 07:13 AM
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Originally posted by notsofunnyguy

Originally posted by meathed
Aussie Aussie Aussie.
Oi Oi Oi.
I knew australia is WINNING.
Go us Aussies, i will be buying Donald Trump and Obama very soon.
Say hello to your new leader America


F&S as i own you
edit on 9-5-2011 by meathed because: (no reason given)


Why ON EARTH would you want to buy Obama?

And Trump? You might be able to buy his hair soon, but I think it'll still be awhile before you get the whole package.


Why Buy?
Because you Americans are cheap to buy at the moment.
I would buy heaps of you americans at the price we can get you for at the moment.
Go our Aussie dollar. Winning.
I will buy trump, and i bet they throw his wig in for free



posted on May, 9 2011 @ 07:43 AM
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Originally posted by meathed

Originally posted by Expat888

Originally posted by meathed
Aussie Aussie Aussie.
Oi Oi Oi.
I knew australia is WINNING.
Go us Aussies, i will be buying Donald Trump and Obama very soon.
Say hello to your new leader America


F&S as i own you
edit on 9-5-2011 by meathed because: (no reason given)

Maybe you can get a 2 for 1 deal on them..


If i buy two for one, i want a discount

But that trump isnt worth a dollar. so throw him in for nothing and you got a deal
edit on 9-5-2011 by meathed because: (no reason given)

Sold !! But payment in oz dollars or yen only



posted on May, 9 2011 @ 08:22 AM
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reply to post by guessing
 




Loving the online shopping at the moment





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