How high can it go? $$

[xelasnave]

I think it was Mr Greenspan who said yesterday...

no one should worry about the US paying their debts because we can just print more money...
.

IF such a view is the way the US plans their future I would not be worried about the long term value of our dollar...mmmm unless of course we approach the same problem the same way.

alex

[gregbradley]

Who got it right about the Aussie Dollar being probably near a high when it was around $1.10?? (See message #13).


Interest rates are likely to fall now so that will also work against a high Aussie dollar.

Better plan those Astro purchases wisely. To those who bought stuff at $1.10 - well done!

Aussie Dollar Swami Greg.

[RickS (Rick)]

Time to start your own currency and stock picking newsletter, Greg?

[icytailmark (Mark)]

im still gunna buy my Flea 3 camera despite the dollar im still waiting for them to release it. If PGR dont release the flea 3 gige by sept i will be buying the Image source equiv.

[ballaratdragons (Ken)]

Originally Posted by Paul Haese

I am sure you mean $1.036 Ken. It has only been as high as $1.11. It would be lovely if it was $1.36 for some of us at least.

Oops, yep, thanks Paul.
Glad to be corrected

It is currently sitting on $1.021

[trek1701 (Mark)]

If this thread continues for much longer, perhaps it should be retitled "How low can it go?"

[[1ponders] (Paul)]

If this thread continues for much longer, perhaps it should be retitled "How low can it go?"

The beauty of being a mod Mark, we can always edit the thread title

[ballaratdragons (Ken)]

Originally Posted by trek1701

If this thread continues for much longer, perhaps it should be retitled "How low can it go?"

Originally Posted by [1ponders]

The beauty of being a mod Mark, we can always edit the thread title

It is goes on much more it could be re-titled 'How LONG can it go?'

[[1ponders] (Paul)]

Originally Posted by ballaratdragons

It is goes on much more it could be re-titled 'How LONG can it go?'

Until China calls in its debt