$1 usd = $1.03 aud

[Jeeps (Sam)]

Anyone recommend some good US sites to do some eyepiece browsing?



Cheers

[Steffen]

Originally Posted by Jeeps

Anyone recommend some good US sites to do some eyepiece browsing?

I guess it depends on what you're after, it may not always be worthwhile.

Checking a random eyepiece from my arsenal (55mm TV Plössl), it costs US$212 at OptCorp, cheapest shipping is US$39.48, total US$251.48. Add to that about 2% credit card exchange fee you end up with a bill of AU$256.50, assuming parity. The same eyepiece sells at Bintel for AU$259…

Cheers
Steffen.

[Jeeps (Sam)]

Originally Posted by Steffen

I guess it depends on what you're after, it may not always be worthwhile.

Checking a random eyepiece from my arsenal (55mm TV Plössl), it costs US$212 at OptCorp, cheapest shipping is US$39.48, total US$251.48. Add to that about 2% credit card exchange fee you end up with a bill of AU$256.50, assuming parity. The same eyepiece sells at Bintel for AU$259…

Cheers
Steffen.

I do all my shopping locally (i've got an order i'm waiting for from andrews as we speak ) but it'd be interesting to see what else is out there.

cheers

[JethroB76 (Jeff)]

Originally Posted by Jeeps

I do all my shopping locally (i've got an order i'm waiting for from andrews as we speak ) but it'd be interesting to see what else is out there.

cheers

Depending on what you're after, going with s/h gear on Astromart can offer worthwhile savings.

[hotspur (Chris)]

Yes Humayan,this parcel will keep me happy for a long time.

Look forward to seeing the lighting equipment you bought.

Hope some of the other IIS members can take advantage of the

strong dollar.

Cheers and happy buying.

Chris

[Omaroo (Chris Malikoff)]

Originally Posted by Octane

Chris and I did our bit yesterday and bought a bunch of new stuff. : )

H

LOVING it too Humayun. Woohoo! I think I'm a Canon convert. Figuring this lot out is going to require a uni course. Bluddie L

[Octane (Humayun)]

: D : D : D

Glad you're enjoying it. : )

H

[adman (Adam)]

Originally Posted by bartman

I shall not name, but a friend of mine has bought $100 000 Aud in Usd's just now.
When it does ( and it will sometime) go down to 90 cts he will have made $10000. Pays for a holiday he says!!!!!!!
Lucky bstrd
Bartman

might be a while before he gets that holiday...?
1 AUD$ = 1.09 US$

[[1ponders] (Paul)]

I jokingly/serious said to someone when the $Aus hit $0.97US, that I reaconed it would go as high as $1.25. Maybe not such a joke afterall. Do I buy that Feathertouch now or do I wait two or three weeks?

[casstony]

After the trend changed last time we were in this position (weak US dollar, high commodities prices) the US dollar rose in a lot less time than it took to fall.
ie. aussie dollar falls fast when the trend changes.

[Octane (Humayun)]

Paul,

I'm also waiting for $1.25. Hello, Paramount MX.

H

[Barrykgerdes]

It may look good buying stuff overseas when our dollar is high but it is all borrowed money. Some day it will need to be paid back and when our dollar is worth 60 cents or less US again is when the lenders will foreclose. We will then need to sell the rest of our assets to meet the debt which is the aim of the market manipulators. So much for the level playing field that stops us making our own equipment at a price we can as a nation afford.

Forget about your new equipment invest your money in China or any other country that we owe money to. When the crunch comes then you will have enough money to buy the world!

No 1 Pessimist Barry

[gregbradley]

The US is the country that owes China money. Not Aussie. We make heaps off of them. There's no way we import more from China than they buy from us. Same with Japan. China just signed a contract for AUD$90 billion for more liquid natural gas.

The US on the other hand has 3 trillion dollars worth of bonds in Chinese hands. That means they effectively owe the Chinese 3 trillion. The US economy is US$14 trillion a year. We are about US$1.4 trillion a year.

I agree though, that when the Aussie falls, it falls fast. Currency markets seem to be fickle and very heavily trending. Good when its up.

Greg.

[Jules76 (Julian)]

Interesting news piece which has me rubbing my hands with glee if it happens.

Aussie dollar could hit $US1.70 by 2014, predicts money guru Savvas Savouri

http://www.news.com.au/business/aust...-1226052283978

Many believe that the dollar will dip later in the year but Dr Savvas Savouri, head of Toscafund hedge fund, claims it could keep on climbing, reaching $US1.30 by 2013 and $US1.70 by 2014.

"The simple fact is the appreciation of the Australian dollar will be extraordinary," he told The Australian.

He said that the huge demand for Aussie resources in China and India was fuelling the dollar's record run.

ANZ's chief executive Mike Smith agreed.

"I can't see that there is anything to knock it off its perch because it's not only the strong Australian dollar, it's also the weak US dollar," Mr Smith said.

"And when you think about what is happening in the US, I can't see them increasing rates for at least 18 months and that will have an impact."

[casstony]

The purpose of the modern bank is to turn as many citizens into debt slaves as possible and increase profits. They are the single greatest danger to our freedom and way of life - bankers have all but destroyed the US, Japanese and European economies through promotion of excessive debt levels, asset bubbles and fraudulent finacial instruments. I don't believe anything they say.

A strong Australian dollar depends on a healthy world economy needing our raw materials. The world economy is presently about as sick as it has ever been though that fact is hidden from Australians due to ongoing government spending/borrowing in an attempt to avoid the economic contraction necessary to balance the excesses of the past few decades. History suggests that the ****e will hit the fan, it's just a matter of when.

[overlord (Charles)]

Originally Posted by Jules76

Interesting news piece which has me rubbing my hands with glee if it happens.

Aussie dollar could hit $US1.70 by 2014, predicts money guru Savvas Savouri

http://www.news.com.au/business/aust...-1226052283978

As soon as you see wild ideas like that it often means the thing is gonna go in the other direction. Maybe back to 80c, or maybe 30c or 2.50c. Anyone can come up with random ideas. There aren't any gurus unless they use financial astrology. P.S. 1.70 might kinda kill what's left of 'made in Australia' which will be an economic buffer for further increases.