AUD:USD = 1.09 & AUD:SGD = 1.34 as at 28 Apr 2011

[axe168]

To the pessimistic ppl, I hope you are correct, otherwise, Australians will be going around the world for their shopping spree this Christmas.

It looks like my plan to stop work and retire in SG is within reach.. I am 40 this year. I have another 5 more yrs to stop chicken business.

LKY please welcome me with open arms :-)

 

[neddy]

To the pessimistic ppl, I hope you are correct, otherwise, Australians will be going around the world for their shopping spree this Christmas.

It looks like my plan to stop work and retire in SG is within reach.. I am 40 this year. I have another 5 more yrs to stop chicken business.

LKY please welcome me with open arms :-)

The run will not end until US Fed Reserve raise interest rate (unlikely) or China catch a flu (unlikely until handover to next team in 2012)
We will be looking at 1.12 soon, esp if RBA raise interest rates. (Jul onwards?)

 

[axe168]

Neddy,

I haven't been to California since 1994, I guess it is almost time ;-) This year end it is 'time' for me for shop-till-drop

 

[neddy]

On the way back, you can get a boat. very cheap now.

I checked out one beauty, fibreglass, new, very stable but too wide. need special tow licence and cannot tow at night in Perth.
Think I will search for smaller sized one.
Already, some people are shipping them over for sale.

(saw one unloading from a container a few weeks ago, all wrapped in bubble wrap )

 

[neddy]

Maybe you want to stopover in HongKong & Macau. $1=HK$8+


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[Ash007]

Hah was thinking exactly the same today with my colleague. The flight ticket there would mire then make up the savings alone. Only problem is the intrusive and fucked up airports they have in the states.

 

[axe168]

Hmmm.. my dream boat ! this is why I bought a hse in Melbourne with adequate land size to park for 8 cars (incldg boat parking).

I really have to take a look over there, if it is cheap as cheap, I've ship it over. My budget is about $60k, at least 6-8 pax capacity.. But I am still new about the brand and engine..

On the way back, you can get a boat. very cheap now.

I checked out one beauty, fibreglass, new, very stable but too wide. need special tow licence and cannot tow at night in Perth.
Think I will search for smaller sized one.
Already, some people are shipping them over for sale.

(saw one unloading from a container a few weeks ago, all wrapped in bubble wrap )

 

[Ash007]

Last year go china n roles. This year looks like it's boats n us. lives good for Aussies.

 

[axe168]

When ya dollar is at its highest... the whole world shall bow (at you) for respect !

 

[Aussie Prick]

When ya dollar is at its highest... the whole world shall bow (at you) for respect !

Let me get this right.....At a time when the whole world is fighting over who has the lowest currency, you think having a strong currency is A GOOD THING???????

?????????????????????????????????????????

Are you joking?

 

[neddy]

Let me get this right.....At a time when the whole world is fighting over who has the lowest currency, you think having a strong currency is A GOOD THING???????

?????????????????????????????????????????

Are you joking?

No. This strong currency is desirable to Australians like me who are debt-free and not in manufacturing/education/tourism. AUD is usually the proxy for Gold prices so again this is good again for my industry.

Commodity prices are going up in USD and it is good again for Australia.

Have you seen the prices on the latest electronics. CHEAP AS!

Singapore is looking at AUD now as their upper marker.
Don't believe, ask the Singapore's MAS.
They are tightening the Singapore dollar as well because Singapore is dependant on IMPORTS! and they do not want imported inflation.

A strong currency is only bad for exporting countries.

 

[axe168]

You know what ? When I see you or your post, I see pessimism & failure. Please don't tell anyone that economic is your best field, our toes will laugh ! haha. To know if it is a good or bad tree, you look at the fruits it bear - sweet or sour... BUT when I see you, I see 'nothing' - no fruits !

Let me get this right.....At a time when the whole world is fighting over who has the lowest currency, you think having a strong currency is A GOOD THING???????

?????????????????????????????????????????

Are you joking?

 

[Ash007]

Its also increasingly being looked at as a proxy for Iron ore and China as well.

No. This strong currency is desirable to Australians like me who are debt-free and not in manufacturing/education/tourism. AUD is usually the proxy for Gold prices so again this is good again for my industry.

Commodity prices are going up in USD and it is good again for Australia.

Have you seen the prices on the latest electronics. CHEAP AS!

Singapore is looking at AUD now as their upper marker.
Don't believe, ask the Singapore's MAS.
They are tightening the Singapore dollar as well because Singapore is dependant on IMPORTS! and they do not want imported inflation.

A strong currency is only bad for exporting countries.

 

[Aussie Prick]

No. This strong currency is desirable to Australians like me who are debt-free and not in manufacturing/education/tourism. AUD is usually the proxy for Gold prices so again this is good again for my industry.

Commodity prices are going up in USD and it is good again for Australia.

Have you seen the prices on the latest electronics. CHEAP AS!

Singapore is looking at AUD now as their upper marker.
Don't believe, ask the Singapore's MAS.
They are tightening the Singapore dollar as well because Singapore is dependant on IMPORTS! and they do not want imported inflation.

A strong currency is only bad for exporting countries.

Ah but commodity prices are in US$, not AUD, so the net import commodity cost rise is zero there, which is not the case in the EU or Asia.

You seem to forget the real issue is inflation. Bernanke just announced he is still atop his helicopter throwing money onto the fire to create more payrolls, as inflation is still too low in the US. That is correct, deflation and now less than 2% inflation, the Fed is still struggling to create 2% core inflation. But looking at unrest in the Middle East, price of oil and asset bubbles in Asia-Pacific, there wont be a QE3. The party is still on, but soon, there will be a hangover....

MAS is up in flames with inflation, as is China, Asia, the EU (Trichet just rose rates). Even China is now looking at allow the Yuan to rise to combat inflation now, a major shift as rate rises, reserve ratios have been unsuccessful. In Australia you are running at 3.3% but I wont not bet on a rate hike automatically.

Electronic prices in Singapore, Canada, and the US are of course on lower end. On a recent trip to Vancouver and Seattle LED TV prices were 40% lower than they were a year ago, perhaps the world's cheapest now?. Its unfair when the global economy still functions around the American consumer.

The name of the game is inflation, inflation, inflation - it seems to a problem EVERYWHERE but America - Damm them.

What's the point of having all this extra money when its just inflated away? No wonder Singaporeans are still unhappy, despite the strong dollar and "paper gains"

 

[axe168]

What's the point of having all this extra money when its just inflated away? No wonder Singaporeans are still unhappy, despite the strong dollar and "paper gains"

But Australians are very Happy with their strong AUD.. paper and material gain.

 

[Aussie Prick]

You know what ? When I see you or your post, I see pessimism & failure. Please don't tell anyone that economic is your best field, our toes will laugh ! haha. To know if it is a good or bad tree, you look at the fruits it bear - sweet or sour... BUT when I see you, I see 'nothing' - no fruits !

That's precisely what I look at when I see you and your Brisbane losses, Mr Brothel owner. You still have yet to answer us on your Brisbane lossess and the current state of the Australian property market. Its looking very um....stable.

I actually pity you. I feel sorry for you. You travel thousands of miles, change passports, stare at cieling fans for six months, struggle in a new culture and fail again and again. And you wonder why? We all know why.

You are so insecure you have to come on this site to claim A$ strength is something for you to boast about!

At a time when the powers that be, the world's greatest powers are doing their utmost to prevent currency appreciation, rates rises, you cannot see that Australia, Singapore, China, Japan, Brazil and even the EU are losing the battle. You cannot fathom why the Japanese are losing sleep at night over the ultra strong Yen. You cannot comprehend Trichet's one size fits All EU dilemma and the chaos the strong Euro is creating right now. Its beyond you to see that subsequent currency appreciation, rate rises in the current global economy is a byproduct of failure.

You remind me of so many Singaporeans right now, thinking our increasing assets and ultra strong Singapore Dollar is a matter of national pride, when its actually the opposite. I have news for you. Many of us are much wealthier now but there is something those of us with an ounce of intelligence actually pay attention to. Its called inflation. Not to mention we stop making things as well.

When those in these nations have more on paper but its being inflated away that's not a good thing, you moron.

 

[neddy]

Ah but commodity prices are in US$, not AUD, so the net import commodity cost rise is zero there, which is not the case in the EU or Asia.

MAS is up in flames with inflation, as is China, Asia, the EU (Trichet just rose rates). Even China is now looking at allow the Yuan to rise to combat inflation now, a major shift as rate rises, reserve ratios have been unsuccessful. In Australia you are running at 3.3% but I wont not bet on a rate hike automatically.

Electronic prices in Singapore, Canada, and the US are of course on lower end. On a recent trip to Vancouver and Seattle LED TV prices were 40% lower than they were a year ago, perhaps the world's cheapest now?. Its unfair when the global economy still functions around the American consumer.

The name of the game is inflation, inflation, inflation - it seems to a problem EVERYWHERE but America - Damm them.

What's the point of having all this extra money when its just inflated away? No wonder Singaporeans are still unhappy, despite the strong dollar and "paper gains"

In America, unless you are a fan of Ellen Brown, you will know what the endgame is. Every morning, US TV talkshow talk about gas prices going up. Even silver is now in a price bubble, I stopped buying silver after the price hit the 120-year ratio about 8 months ago. I should get into debt again because inflation is helping me pay my debt

 

[Aussie Prick]

In America, unless you are a fan of Ellen Brown, you will know what the endgame is. Every morning, US TV talkshow talk about gas prices going up. Even silver is now in a price bubble, I stopped buying silver after the price hit the 120-year ratio about 8 months ago. I should get into debt again because inflation is helping me pay my debt

Yes they complain of US$ 3.80 per gallon petrol when the Europeans are paying US$ 8.00!

There still is some room for commodity prices to rise, just ask your uncle Ben Bernanke............

 

[neddy]

Yes they complain of US$ 3.80 per gallon petrol when the Europeans are paying US$ 8.00!

There still is some room for commodity prices to rise, just ask your uncle Ben Bernanke............

US gasoline prices
http://gasbuddy.com/gb_gastemperaturemap.aspx

Canada
http://www.gasbuddy.com/gb_can_gastemperaturemap.aspx

Aussie Pump Prices
http://www.aip.com.au/pricing/retail/ulp/index.htm

http://motormouth.com.au
Coles Express Mount Lawley
247 Walcott St & Fitzgerald St 6050 Mount Lawley
30/04/11 6:03 AM $1.35

 

[axe168]

Yo-yo pessimistic prick, please do not curse otherwise, you will be hit by bad spell..

My Brisbane losses is pretty amazing actually. Refer : http://www.sammyboy.com/showthread.php?90851-I-m-a-Happy-Man.-Chicken-Success-!

6 yrs ago, my CPF was valued at a pathetic sum getting 2.5 return. Now (6 yrs later) I am proud to achieve my 1st mil (in fact, a few mil) plus gearing of 1mil. My bets are higher and my returns are higher too. I have almost 70%/yr ROI for the last 6yrs. I must admit Australia has been treating me very well.

Please do not tell me about inflation or affordability issues, I have gone beyond the level of concern. I am living in an upper class suburb - Balwyn / Kew - 50% increase in bananas is not going to harm me.

When the exchange rate hits 1.45 AUD to SGD, I'll return to shake leg.. otherwise, I will go to California if it hits 1.20 AUD to USD.

PAP has forced me to take on the world.. now I am a happy man

That's precisely what I look at when I see you and your Brisbane losses, Mr Brothel owner. You still have yet to answer us on your Brisbane lossess and the current state of the Australian property market. Its looking very um....stable.

I actually pity you. I feel sorry for you. You travel thousands of miles, change passports, stare at cieling fans for six months, struggle in a new culture and fail again and again. And you wonder why? We all know why.

You are so insecure you have to come on this site to claim A$ strength is something for you to boast about!

At a time when the powers that be, the world's greatest powers are doing their utmost to prevent currency appreciation, rates rises, you cannot see that Australia, Singapore, China, Japan, Brazil and even the EU are losing the battle. You cannot fathom why the Japanese are losing sleep at night over the ultra strong Yen. You cannot comprehend Trichet's one size fits All EU dilemma and the chaos the strong Euro is creating right now. Its beyond you to see that subsequent currency appreciation, rate rises in the current global economy is a byproduct of failure.

You remind me of so many Singaporeans right now, thinking our increasing assets and ultra strong Singapore Dollar is a matter of national pride, when its actually the opposite. I have news for you. Many of us are much wealthier now but there is something those of us with an ounce of intelligence actually pay attention to. Its called inflation. Not to mention we stop making things as well.

When those in these nations have more on paper but its being inflated away that's not a good thing, you moron.