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$ AD 2.66 per U.K. Pound, not good :( [pankala-PB ding-dong]

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$ AD 2.66 per U.K. Pound, not good :( [pankala-PB ding-dong]

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Old Feb 25th 2003, 3:30 am
  #31  
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Originally posted by pommie bastard
Look they cannot win ... a higher dollar means they get less for exports and imports become cheap so the local producers cannot sell on world markets .
Good old Nips selling what's left of their UK shares to buy A$.
 
Old Feb 25th 2003, 3:35 am
  #32  
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Originally posted by pankala
Good old Nips selling what's left of their UK shares to buy A$.
Why buy the dollar when they own a third of Australia already they even can afford to use Australian iron ore as land fill seeing that the Aussies are well up to their necks in debt to the Japs.


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Old Feb 25th 2003, 3:48 am
  #33  
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Originally posted by pommie bastard
Why buy the dollar when they own a third of Australia already they even can afford to use Australian iron ore as land fill seeing that the Aussies are well up to their necks in debt to the Japs.

I think the idea is to buy something of value before Nippon implodes and debts become moot. China next.
Last edited by pankala; Feb 25th 2003 at 5:52 am.
 
Old Feb 25th 2003, 3:49 am
  #34  
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Originally posted by pommie bastard
Look they cannot win the country is a primary producer its sells materials and food stuffs then pays to import finished goods , a higher dollar means they get less for exports and imports become cheap so the local producers cannot sell on world markets .

You do have a point PB and I understand your reasoning. I am no economist but I do a lot of reading and I did a bit of research the other night on the Aus$ (as well as Canadian dollar, Norwegian Krone and SA Rand) versus the pound over the last 7 years. As the gold price was suppressed so the strengths of these currencies lost against the pound and as the gold price (and other commodity prices) have risen so these currnecies have strengthened. The point I am trying to make is that if you believe the gold price will increase further, it might be worth hanging on before converting your Aus dollars back into pounds.
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Old Feb 25th 2003, 3:55 am
  #35  
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Originally posted by pankala
I think the idea is to but something of value before Nippon implodes and debts become moot. China next.
Looking at Perth city centre I thought Australia was turning chinese already?




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Old Feb 25th 2003, 3:57 am
  #36  
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Originally posted by Goose
You do have a point PB and I understand your reasoning. I am no economist but I do a lot of reading and I did a bit of research the other night on the Aus$ (as well as Canadian dollar, Norwegian Krone and SA Rand) versus the pound over the last 7 years. As the gold price was suppressed so the strengths of these currencies lost against the pound and as the gold price (and other commodity prices) have risen so these currnecies have strengthened. The point I am trying to make is that if you believe the gold price will increase further, it might be worth hanging on before converting your Aus dollars back into pounds.
Well thanks for input I live in hope please buy , buy the rubber dollar PB needs you.


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Old Feb 25th 2003, 3:58 am
  #37  
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Originally posted by pommie bastard
Looking at Perth city centre I thought Australia was turning chinese already?
Advance party. Treat them nicely or i'll come 'round and rip your bloody arms orf!
 
Old Feb 25th 2003, 4:03 am
  #38  
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Originally posted by pankala
Advance party. Treat them nicely or i'll come 'round and rip your bloody arms orf!
Still to find a good british chinese take away the buggers here would go bankrupt in the UK , bloody chinese how cannot cook .


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Old Feb 25th 2003, 4:04 am
  #39  
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Originally posted by pankala
Advance party. Treat them nicely or i'll come 'round and rip your bloody arms orf!
Still to find a good british chinese take away the buggers here would go bankrupt in the UK , bloody chinese who cannot cook .


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Old Feb 25th 2003, 4:14 am
  #40  
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Originally posted by pommie bastard
Still to find a good british chinese take away the buggers here would go bankrupt in the UK , bloody chinese how cannot cook .

Youre starting to breakup or stuttering. Stick to butties, high English cuisine (thats posh for food).
 
Old Feb 25th 2003, 4:17 am
  #41  
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Originally posted by pankala
Youre starting to breakup or stuttering. Stick to butties, high English cuisine (thats posh for food).
Love to if I could find a good Brit chippy bloody frozen chips make crap butties buggers only cook them when ordered tight sods must be a rubber dollar thing?


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Old Feb 25th 2003, 4:31 am
  #42  
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Originally posted by pommie bastard
Love to if I could find a good Brit chippy bloody frozen chips make crap butties buggers only cook them when ordered tight sods must be a rubber dollar thing?

Can't wind windows any more. Now you can't even fry chips. It really must have been a wonderful childhood.
 
Old Feb 25th 2003, 4:36 am
  #43  
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Originally posted by pankala
Can't wind windows any more. Now you can't even fry chips. It really must have been a wonderful childhood.
No muumy kept me out of the kitchen only the hired help was allowed to cook.




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Old Feb 25th 2003, 4:38 am
  #44  
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Originally posted by pommie bastard
No muumy kept me out of the kitchen only the hired help was allowed to cook.

Hate to cast aspersions but did your mummy have a woefully mis-spent youth as well?
 
Old Feb 25th 2003, 4:44 am
  #45  
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Originally posted by pankala
Hate to cast aspersions but did your mummy have a woefully mis-spent youth as well?
She never drank before 9am and never pints she always sent her driver to pick us up from school plus only smoked tipped fags so I would say no.


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