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Search: Posts Made By: freebo
Showing results 1 to 25 of 175
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Forum: Australia
Jan 15th 2011, 10:30 pm
Replies: 2,577
Views: 335,992
Posted By freebo

Re: 1.93's A$ to the Pound!!!

:rofl:

They must think we where born yesterday...

We brought bikes with us but if we hadn't I'd be importing, like many discretionary/luxury goods here bikes here seem to be marked up massively.
Forum: Australia
Jan 10th 2011, 10:40 pm
Replies: 2,577
Views: 335,992
Posted By freebo

Re: 1.93's A$ to the Pound!!!

I was speaking with a few friends who own businesses there while visiting a few weeks ago - they're pretty pessimistic.

This sounds pretty gloomy for homeowners House prices to fall to 2004...
Forum: Australia
Jan 10th 2011, 10:36 pm
Replies: 2,577
Views: 335,992
Posted By freebo

Re: 1.93's A$ to the Pound!!!

Fair enough, my bad I was thinking of the US where its about 9.5% from memory.
Forum: Australia
Jan 10th 2011, 7:07 pm
Replies: 2,577
Views: 335,992
Posted By freebo

Re: 1.93's A$ to the Pound!!!

Its not as gloomy as the UK yet - by a long chalk.

Unemployment here is around 5%, half the UK. No-one (including Credit Suisse) know whats round the corner with certainty. Even if the economies...
Forum: Australia
Jan 5th 2011, 5:36 am
Replies: 2,577
Views: 335,992
Posted By freebo

Re: 1.93's A$ to the Pound!!!

Not watched this yet but...

The very low point in the pound has now passed (http://www.telegraph.co.uk/finance/economics/8219481/The-very-low-point-in-the-pound-has-now-passed.html)

and also......
Forum: Australia
Dec 29th 2010, 8:05 am
Replies: 2,577
Views: 335,992
Posted By freebo

Re: 1.93's A$ to the Pound!!!

Of if you send some back to a UK account...
Forum: Australia
Dec 22nd 2010, 8:15 am
Replies: 2,577
Views: 335,992
Posted By freebo

Re: 1.93's A$ to the Pound!!!

I'll be sending a few grand back to pay for our trip, it's getting cheaper by the day.[/QUOTE]

Hi Freebo - how does that work, paying for the flights from Aus to UK in GBP? How do I book to depart...
Forum: Australia
Dec 22nd 2010, 6:48 am
Replies: 2,577
Views: 335,992
Posted By freebo

Re: 1.93's A$ to the Pound!!!

Now it looks like the UK govt is falling apart :blink:, doubt that will be good for the pound but in these crazy times who knows. I'll be sending a few grand back to pay for our trip, it's getting...
Forum: Australia
Dec 17th 2010, 10:02 pm
Replies: 2,577
Views: 335,992
Posted By freebo

Re: 1.93's A$ to the Pound!!!

I'm buying suits, shoes and casual clothing, Mrs also buying clothes and bedding - looks cheaper and in many cases better quality!
Forum: Australia
Dec 17th 2010, 9:20 pm
Replies: 2,577
Views: 335,992
Posted By freebo

Re: 1.93's A$ to the Pound!!!

Yes, I'm hopping on a plane to the UK for Christmas - will be bringing back a load of cheap stuff!
Forum: Australia
Dec 11th 2010, 1:11 am
Replies: 2,577
Views: 335,992
Posted By freebo

Re: 1.93's A$ to the Pound!!!

Now I'm not saying I believe this for one minute but...


Sterling will be strongest major currency in 2011, says Barclays...
Forum: Australia
Nov 4th 2010, 9:05 pm
Replies: 2,577
Views: 335,992
Posted By freebo

Re: 1.93's A$ to the Pound!!!

Bernanke is either a genius or an idiot, I don't think he's a genius.

They may get hyperinflation but I don't think the USD will still exist in 10 years wither way.

Glad I swapped a bit more...
Forum: Australia
Oct 31st 2010, 8:20 pm
Replies: 2,577
Views: 335,992
Posted By freebo

Re: 1.93's A$ to the Pound!!!

US has a huge trade deficit so a weaker currency also means more expensive imports, what they seem to be trying to do is to destroy (not devalue) the dollar, making their mountainous debt more...
Forum: Australia
Oct 26th 2010, 9:47 pm
Replies: 2,577
Views: 335,992
Posted By freebo

Re: 1.93's A$ to the Pound!!!

Not forever and maybe not for very long at all.

As to the rest, using NpfIT as an example billions have been spent for little result, some of the money has gone into the UK economy in the form of...
Forum: Australia
Oct 26th 2010, 9:01 pm
Replies: 2,577
Views: 335,992
Posted By freebo

Re: 1.93's A$ to the Pound!!!

There was massive waste in the UK public sector, I worked on a number of large govt. IT projects and regularly commented at the time that the suppliers where taking them to the cleaners, it was...
Forum: Australia
Oct 25th 2010, 6:21 am
Replies: 2,577
Views: 335,992
Posted By freebo

Re: 1.93's A$ to the Pound!!!

I meant world markets in general (e.g. the SPY), which seem pretty well correlated at the moment. What I was saying was that (for instance) when the SPY goes up the AUD also goes up, as its a risk...
Forum: Australia
Oct 22nd 2010, 5:51 am
Replies: 2,577
Views: 335,992
Posted By freebo

Re: 1.93's A$ to the Pound!!!

C'mon over - earn dollars - be happy! Thats my plan for now, but then again I'm not interested in buying a house for a while - great to be mortgage free for the first time in about 20 years.
Forum: Australia
Oct 21st 2010, 8:30 pm
Replies: 2,577
Views: 335,992
Posted By freebo

Re: 1.93's A$ to the Pound!!!

It matches this pretty well - http://www.google.co.uk/finance?q=INDEXSP:.INX

On the XE chart zoom out to 5Y - look what happened at the start of the GFC. Markets go up - AUD goes up, markets go...
Forum: Australia
Oct 14th 2010, 10:55 am
Replies: 2,577
Views: 335,992
Posted By freebo

Re: 1.93's A$ to the Pound!!!

Actually if you look at IamTCFUA's chart it hit about 750 (high) in the early 80's but nothing goes up (or down) forever - and that includes the Australian Dollar, my money (literally) is on Gold...
Forum: Australia
Oct 14th 2010, 10:20 am
Replies: 2,577
Views: 335,992
Posted By freebo

Re: 1.93's A$ to the Pound!!!

Err, it could be I suppose, but you'd need to elaborate...

BTW, didn't you say in another thread that the strong dollar was harming your employer, thats what this thread is about - house prices...
Forum: Australia
Oct 14th 2010, 10:17 am
Replies: 2,577
Views: 335,992
Posted By freebo

Re: 1.93's A$ to the Pound!!!

Guess we can all pick our timeframes, and almost any investment has ups & downs over an extended period but 10 years is a pretty good trend, still I'm sure you're comfortable with your investment...
Forum: Australia
Oct 14th 2010, 8:48 am
Replies: 2,577
Views: 335,992
Posted By freebo

Re: 1.93's A$ to the Pound!!!

Probably, but in 1980 the US took its medicine and fixed its monetary problems, by putting interest rates up to about 15% - its doing the opposite right now.

10 year chart of Gold
...
Forum: Australia
Oct 14th 2010, 8:47 am
Replies: 2,577
Views: 335,992
Posted By freebo

Re: 1.93's A$ to the Pound!!!

+1
Forum: Australia
Oct 14th 2010, 7:29 am
Replies: 2,577
Views: 335,992
Posted By freebo

Re: 1.93's A$ to the Pound!!!

Think its about £1.20 in the UK right now - thats $1.90 :blink:
Forum: Australia
Oct 14th 2010, 7:17 am
Replies: 2,577
Views: 335,992
Posted By freebo

Re: 1.93's A$ to the Pound!!!

I'm glad to be here and glad to be earning dollars, but this isn't so much about pound weakness or even Australian dollar strength. These major shifts in currency valuations are portends of big...
Showing results 1 to 25 of 175
 
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