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Search: Posts Made By: downunderpom
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Forum: New Zealand
Aug 5th 2013, 12:03 am
Replies: 312
Views: 24,658
Posted By downunderpom

Re: Currency

"Kiwi Plunges As China, Russia Suspend New Zealand Powder Milk Exports; 15% Of Exports At Stake"

Pound / Dollar at 1.98.

Could get better (or worse, depending on where your money is).
Forum: New Zealand
Jun 13th 2013, 3:51 am
Replies: 312
Views: 24,658
Posted By downunderpom

Re: Currency

Just the RBNZ keeping interest rates at the same level:

[ The Reserve Bank is leaving the official cash rate unchanged at 2.5 per cent and expects to keep it at that level until the end of the...
Forum: New Zealand
Apr 16th 2013, 10:06 pm
Replies: 312
Views: 24,658
Posted By downunderpom

Re: Currency

Blimey, Genesis! Your house must bounce when midnight rolls around!! :rofl:

3xBOING! 3xBOING! 3xBOING! 3xBOING! 3xBOING! 3xBOING! 3xBOING! 3xBOING! 3xBOING! 3xBOING! 3xBOING! 3xBOING!
Forum: New Zealand
Apr 16th 2013, 9:40 am
Replies: 312
Views: 24,658
Posted By downunderpom

Re: Currency

Let's just agree to disagree. History will prove who's right.

It's just as easy to do a websearch and find:
"In less than 12 months, silver doubled. After a brief consolidation, silver surged...
Forum: New Zealand
Apr 16th 2013, 3:06 am
Replies: 312
Views: 24,658
Posted By downunderpom

Re: Currency

You just don't seem to get it - it's NOT about 'making a profit', it's about 'preserving your wealth'.

The 'price' of Gold and Silver is largely irrelevant. What is relevant is its purchasing...
Forum: New Zealand
Apr 16th 2013, 2:39 am
Replies: 312
Views: 24,658
Posted By downunderpom

Re: Currency

I've been doing quite a bit of landscaping over the last few weeks. I thought it might be an idea, while I had the ground all dug up, to 'plant' some old metal in several places, a couple of feet...
Forum: New Zealand
Apr 16th 2013, 2:34 am
Replies: 312
Views: 24,658
Posted By downunderpom

Re: Currency

You rang? :lol:

BTFD - "Buy the F&%*ng Dip", i.e. buy when the price drops, and then HOLD. This is the perfect time to be buying hand over fist.

Unfortunately, there seems to be a physical...
Forum: New Zealand
Apr 11th 2013, 11:50 pm
Replies: 312
Views: 24,658
Posted By downunderpom

Re: Currency

Very interesting. It looks from that chart as if the Kiwi has been 'surfing' the DOW/S&P for the last five years, ever since the 2008 crash.

Does this mean that the Kiwi will crash only when the...
Forum: New Zealand
Apr 11th 2013, 6:43 am
Replies: 312
Views: 24,658
Posted By downunderpom

Re: Currency

So, do you think the exchange rate will move to being more in your favour, or do you just wish it would?

As they say, "If wishes were horses, beggars would ride."

This reminds me of that scene...
Forum: New Zealand
Apr 9th 2013, 6:27 am
Replies: 312
Views: 24,658
Posted By downunderpom

Re: Currency

If you're talking about shorting JPY, good luck. If I had any JPY I would sell it as if it was burning my fingers!!

WRT RBNZ raising interest rates, I think this is more of a 'shot across the...
Forum: New Zealand
Apr 6th 2013, 2:46 am
Replies: 312
Views: 24,658
Posted By downunderpom

Re: Currency

Just to put it in perspective, here's a comparison of the debt figures for OZ, NZ and UK. If anyone wants to see some really depressing figures, you can see each country's debt here:...
Forum: New Zealand
Apr 5th 2013, 1:19 am
Replies: 312
Views: 24,658
Posted By downunderpom

Re: Currency

Unfortunately, the money which was generated was generated from thin air. There was nothing of any value behind it. It was also generated to bail out the banks, which were at the point of failure due...
Forum: New Zealand
Apr 4th 2013, 11:34 pm
Replies: 312
Views: 24,658
Posted By downunderpom

Re: Currency

Japan's public debt is 12.5 trillion dollars (US). They are talking about doubling their monetary base (printing double the JPY presently in existence) by the end of next year.

ARE THEY COMPLETELY...
Forum: New Zealand
Apr 4th 2013, 10:52 pm
Replies: 312
Views: 24,658
Posted By downunderpom

Re: Currency

"Last week, a rubicon was crossed in the precious metals market as one of the largest banks in Europe defaulted on their gold contracts, and informed their customers there was no physical gold...
Forum: New Zealand
Apr 4th 2013, 12:07 am
Replies: 312
Views: 24,658
Posted By downunderpom

Re: Currency

http://www.trademe.co.nz/Browse/SearchResults.aspx?&cid=4353&searchType=&searchString=silver+bullion&x=0&y=0&searchregion=100&type=Search&sort_order=&redirectFromAll=False&rptpath=0187-

Jewellers....
Forum: New Zealand
Apr 3rd 2013, 2:07 am
Replies: 312
Views: 24,658
Posted By downunderpom

Re: Currency

I'll see your telepraph, and raise you a BBC....

http://www.bbc.co.uk/news/business-13366011

This graph shows the condition of each member of the Eurozone, and the UK for comparison. They're...
Forum: New Zealand
Apr 3rd 2013, 12:34 am
Replies: 312
Views: 24,658
Posted By downunderpom

Re: Currency

I think that is an EXCELLENT idea.....

http://webofdebt.wordpress.com/2013/03/28/it-can-happen-here-the-confiscation-scheme-planned-for-us-and-uk-depositors/

This woman knows her onions, and...
Forum: New Zealand
Mar 28th 2013, 5:11 am
Replies: 312
Views: 24,658
Posted By downunderpom

Re: Currency

Ey thenk yew for them kind words, (Madam) Guv'nor! :lol:
Forum: New Zealand
Mar 28th 2013, 2:49 am
Replies: 312
Views: 24,658
Posted By downunderpom

Re: Currency

Your money. Your choice. I sincerely hope that I'm wrong, and the GBP goes from strength to strength. (It's no skin off my nose which way it goes, so I'm neutral.)

P.S. - check out the new...
Forum: New Zealand
Mar 28th 2013, 1:26 am
Replies: 312
Views: 24,658
Posted By downunderpom

Re: Currency

I'm saying that I doubt you will get a better rate. Not now. Not ever. Britain is too closely linked to Europe, and will rise or fall with Europe. Just answer yourself one question - is the Euro zone...
Forum: New Zealand
Mar 27th 2013, 11:39 pm
Replies: 312
Views: 24,658
Posted By downunderpom

Re: Currency

I don't think you're going to get any better....

Egan-Jones Downgrades UK From AA- To A+

"

DOWNGRADING United Kingdom FROM AA- to A+ (S&P: AAA)

THIS IS A NON-NRSRO RATING.
Forum: New Zealand
Mar 27th 2013, 10:06 pm
Replies: 312
Views: 24,658
Posted By downunderpom

Re: Currency

People, people, people....

Please, don't feed the troll.
Forum: New Zealand
Mar 14th 2013, 12:49 am
Replies: 312
Views: 24,658
Posted By downunderpom

Re: Currency

Reasonable jump today, after the RBNZ said "No change" to interest rates: 1.80.6 to 1.82.6, exactly 2 cents better, GBP -> NZD
Forum: New Zealand
Mar 1st 2013, 2:24 am
Replies: 312
Views: 24,658
Posted By downunderpom

Re: Currency

If you do some research, (in the 'alternative' postings, not the main stream media), you'll find a lot of information.

This is one:...
Forum: New Zealand
Mar 1st 2013, 1:12 am
Replies: 312
Views: 24,658
Posted By downunderpom

Re: Currency

At last - someone else who sees past the gov't / media spin!

The gov'ts in EU (and more so in the US) keep telling their people that 'all is well'. Well, it isn't. The US now owes more in pensions...
Showing results 1 to 25 of 51
 


 
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