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  #21  
Old 17-10-2010, 07:44 AM
Alchemy (Clive)
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The treasury ...... What can they do.

If the reserve puts up interest rates, dollar goes up too.

Speculation is driving the market, once it breaks parity it might move up considerably, america financially is in a mess, since the gfc Greece has collapsed, Spain, Ireland, all in trouble, snowball effect as it continues to roll it gets bigger, hooray for a mining boom, we have not felt it like other countries.
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  #22  
Old 17-10-2010, 10:45 AM
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Jules76 (Julian)
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Working in the Computer wholesale industry, where we import just about everything and it's all purchased in US Dollars, it's unbelievable some of the prices I'm seeing at the moment.

I didn't need the RAM, but bugger me $86 for Corsair 4GB 1600MHz DDR3 RAM. I paid about $50 more about a month ago for the same stuff!! Couldn't pass that up!

As I've been telling my friends, family, if your in the market to upgrade or replace your PC, now is the best time to buy. And I'm not alone in thinking this. Ever since the AUS Dollar started getting near parity, our sales started picking up in what is normally a fairly slow month. It's like all this talk of parity in the media switched some lights on in people's heads and told them to buy! buy! buy!

Getting harder and harder to not upgrade my Telescope.......................... ..
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  #23  
Old 17-10-2010, 03:24 PM
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marki
Waiting for next electron

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Quote:
Originally Posted by Alchemy View Post
The treasury ...... What can they do.

If the reserve puts up interest rates, dollar goes up too.
Sell gold. The reserve could also act as you have stated. Our exporters will be applying heavy pressure on the fed govt right now.

Mark
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  #24  
Old 17-10-2010, 06:00 PM
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erick (Eric)
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Aussie ain't doing much against the Euro
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  #25  
Old 17-10-2010, 08:01 PM
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Jules76 (Julian)
I just point it at stuff

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No plans by the Government to act according to Mr Swan:

http://www.news.com.au/breaking-news...-1225939836097

Could also hit 1.10 in a few weeks time.
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  #26  
Old 17-10-2010, 10:53 PM
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OICURMT
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Talking

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Originally Posted by h0ughy View Post
must resist the urge.........
Resistance is futile...
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  #27  
Old 17-10-2010, 11:10 PM
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Jen
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Oh, how sweet it is.

Buy up now, kiddies. Christmas is around the corner.

I'll be putting in a few orders for accessories and bits and pieces.

H
aww thats so kind of you H to buy me a chrissy pressie
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  #28  
Old 17-10-2010, 11:44 PM
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JethroB76 (Jeff)
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Quote:
Originally Posted by Jules76 View Post
Working in the Computer wholesale industry, where we import just about everything and it's all purchased in US Dollars, it's unbelievable some of the prices I'm seeing at the moment.

I didn't need the RAM, but bugger me $86 for Corsair 4GB 1600MHz DDR3 RAM. I paid about $50 more about a month ago for the same stuff!! Couldn't pass that up!

As I've been telling my friends, family, if your in the market to upgrade or replace your PC, now is the best time to buy. And I'm not alone in thinking this. Ever since the AUS Dollar started getting near parity, our sales started picking up in what is normally a fairly slow month. It's like all this talk of parity in the media switched some lights on in people's heads and told them to buy! buy! buy!

Getting harder and harder to not upgrade my Telescope.......................... ..
I'm right in PC upgrade planning mode at the moment - I have been watching the price of components recently and combined with some of the new GPUs due soon I have been hoping the dollar might help me out a bit.
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  #29  
Old 18-10-2010, 04:59 AM
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bartman (Bart)
1 of 7 of 9

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Quote:
Originally Posted by adman View Post
I have heard someone say that $1.30 was not out of the question, in which case he will have lost $30,000 - he might as well take it to the casino....
This particular person ( and his wife) have enough $$'$ to wait till it drops back ........ I say lucky, but I mean fortunate/worked their way to be in this position.

Casino=uncertainty, $ dropping sometime in the near future is certain.
Bartman
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  #30  
Old 20-10-2010, 08:00 AM
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h0ughy (David)
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Oh no its going backwards.....
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  #31  
Old 28-10-2010, 09:07 PM
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hotspur (Chris)
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re strong dollar

Well its been a couple of weeks since this has happened,I was most suprised to see the prices on DWI then, on the lenses.I was about to order a EF-S 10-22 Canon lens and it was $734.But I forgot.

Just looked on their website now and the same lens is $716,it had actually gone DOWN!.

Just ordered it,its on its way,Now is the time to buy gear,if one can.Not sure if these prices will stay around for too long.

Interestingly,I imagine this is what people pay in the U.S.A all the time for this gear,really just shows how bad we have it here in Australia.

Looking forward to Monday when my new lens arrives
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  #32  
Old 28-10-2010, 09:24 PM
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Octane (Humayun)
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Yep, picking up some new L-series glass on Wednesday and a whole heap of studio lighting equipment.

H
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  #33  
Old 28-10-2010, 09:44 PM
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multiweb (Marc)
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I bit the bullet last week and got a Baader FFC with all the bits and pieces. Should get it sometime soon now.
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  #34  
Old 29-10-2010, 12:20 AM
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strongmanmike (Michael)
Highest Observatory in Oz

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Oh great pickup Marc! Is it like a barlow What will you use it on?

Mike
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  #35  
Old 29-10-2010, 08:15 AM
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h0ughy (David)
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Quote:
Originally Posted by strongmanmike View Post
Oh great pickup Marc! Is it like a barlow What will you use it on?

Mike
thats not the point - at least he bought something to proudly show others while it is clouded over this season . Like many others
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  #36  
Old 29-10-2010, 08:19 AM
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multiweb (Marc)
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Quote:
Originally Posted by strongmanmike View Post
Oh great pickup Marc! Is it like a barlow What will you use it on?

Mike
Anything. My newt, the C11, <dream mode on> whatever scope I get in the future </dream mode off> . It's a nice piece of glass. I have tried barlowing in the past. I get very good details on axis but the field lets me down. This should act more like a powermate but only better with no or very little abberations. I can do a bit of planetary with it too hopefully.

Quote:
Originally Posted by h0ughy View Post
thats not the point - at least he bought something to proudly show others while it is clouded over this season . Like many others
Wasn't me
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  #37  
Old 02-11-2010, 08:34 PM
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tlgerdes (Trevor)
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Dollar is currently sitting at parity 1:1 with the US (and holding at it for the last 3 hrs) tonight thanks to the RBA hiking rates. We could blow through that tonight depending on how aggressive the US Fed is on monetary policy to be released just after midnight.

Retail rates are still at around 96c.
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  #38  
Old 02-11-2010, 08:54 PM
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hotspur (Chris)
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re dollar

Regardless of the mining boom in Australia,we still may be heading for a dull time,economically-apparently some financial planners and advisers that I was having lunch with today,say things are pretty crook in many business circles in Australia.Some high profile ones are saying things like 'real depression',these people in the 'big end of town' usually aren't that far of the mark with their predictions.

I'd have to agree,would not advising maxing out the plastic,just because of a strong Aussie dollar-you might not have a job to pay it off soon.
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  #39  
Old 04-11-2010, 10:15 AM
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erick (Eric)
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1.00 AUD = 1.00488 USD and holding!

Time for a "Parity Party"
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  #40  
Old 04-11-2010, 11:10 AM
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Octane (Humayun)
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Chris and I did our bit yesterday and bought a bunch of new stuff. : )

H
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