US dollar loosing value

[anarchoi]

Hey

Allright good news first. Ive just reached 1300$ and decided to cash out for the first time. 1000$.

My problem is the US Dollar. It keeps dropping in value. Compared to my currency - danish kroner - 1$ is worth 5,8 danish kroner. Couple of months ago it was worth 6,4 dkr. So ive "lost" 600 danish kroner or around 100 USD within the last couple of months because the dollar is dropping in value.
At first i decided to wait for it to go up again before cashing out. However I saw the dollar just dropping faster and faster so i decided to take out 500$ at value 5,8.
Now im seriously considering taking out the last 500$ before it gets down to 5,5 or even worse. Its just reached 5,7 as im typing.

As far as i know the USA is in deep financial problems, and no signs of things getting better.
Anyone out there who have any decent ideas whats going to happen with the dollar the next couple of weeks/months/years?

best reg,
Anarchoi

[Warpe]

Until the US gets its deficit under control the Greenback will continue to slide...it might stop sliding after the mid-term elections though if the Democrats win, which looks likely

[fasin8ing]

LOL-
To learn more go here-

http://www.flopturnriver.com/phpBB2/...oker-34685.htm

[bluey]

the Democrats win, which looks likely

hahah good one

[fasin8ing]

Until the US gets its deficit under control the Greenback will continue to slide...it might stop sliding after the mid-term elections though if the Democrats win, which looks likely

Awesome Forecast there Chris Matthews. Ummm your right.

[Warpe]

the Democrats win, which looks likely

hahah good one

Just going by what the talking heads on CNN and MSNBC are saying. U watch FOX, obv.

[anarchoi]

Until the US gets its deficit under control the Greenback will continue to slide...it might stop sliding after the mid-term elections though if the Democrats win, which looks likely

what and when is mid-term elections?

/a

[Warpe]

http://en.wikipedia.org/wiki/U.S._mi...lections,_2006

[DaNutsInYoEye]

LOL-
To learn more go here-

http://www.flopturnriver.com/phpBB2/...oker-34685.htm

Why do you insist on taking every opportunity to push this video?

[a500lbgorilla]

Children, please keep this civil.

[fasin8ing]

LOL-
To learn more go here-

http://www.flopturnriver.com/phpBB2/...oker-34685.htm

Why do you insist on taking every opportunity to push this video?

He asked what was going on with the dollar. Is every opportunity 1 link pasted in one thread?

[PO$$E$$ED]

kill all the white people

[elipsesjeff]

Buy currency options obv...

[Renton]

kill all the white people

you like bill hicks?

[lolzzz_321]

Buy currency options obv...

[bigred]

How does US currency loose value?

[Lukie]

opposite of tight value

[a500lbgorilla]

How does US currency loose value?

BigRed... English isnt his first language and you're going to harp on a commonly made typo by people who actually know the language?

[samsonite2100]

How does US currency loose value?

Oh, man. I fought the urge to comment on that all day, for just the reason 'Rilla said.

But for everyone who doesn't speak English as a second language, it's LOSE. If you lose money, you're a LOSER. Slutty girls are LOOSE. This typo is so common, it's driving me nuts. Thanks, sorry, I'm a grammar nazi, gg, etc.

[anarchoi]

How does US currency loose value?

Oh, man. I fought the urge to comment on that all day, for just the reason 'Rilla said.

But for everyone who doesn't speak English as a second language, it's LOSE. If you lose money, you're a LOSER. Slutty girls are LOOSE. This typo is so common, it's driving me nuts. Thanks, sorry, I'm a grammar nazi, gg, etc.

Haha no worries.

Hmmm this thread suddenly sucks. Ill take out my entire bankroll.

Best reg,
Anarchoi

[PO$$E$$ED]

bunch of loosers in here

[samsonite2100]

Didn't see that one coming...

Btw, Anarchoi, your wpp is 666.

[bigred]

How does US currency loose value?

BigRed... English isnt his first language and you're going to harp on a commonly made typo by people who actually know the language?

I'm trying to help him learn from mistakes. Why are you trying to discourage me from helping people learn? You're a jerk.

[anarchoi]

Didn't see that one coming...

Btw, Anarchoi, your wpp is 666.

wpp?

[a500lbgorilla]

anarchoi

3-of-a-Kind
3-of-a-Kind

Joined: 19 Jul 2005
Posts: 52
WPP: 666

Words per post, spawn-of-satan.

[Robert]

Keep your BR online and move up in stakes when your BR allows it and in the end you will make more $$$. The dollar will go up in value (compared to the danish crown) some day in the future, and THEN you can start cashing out your (bigger) winnings won in higher stakes games.

Btw, Danish ppl rockx0rs!

[Demiparadigm]

FWIW, it is the intention of the federal reserve for the dollar to go down in value vs the euro, specifically, and therefore against all other currencies in general.
The reason for this is it increases foreign trade and tourism with/to the US and indirectly bolsters the US economy.
When Donald Trump was asked live about his worries about the value of the US dollar, he responded with the response (paraphrased) "I think it is great!"
Once the dollar is at the ideal point for the fat cat republican businessmen, the FED has more than the required power to maintain or raise its relative value.

[Lukie]

How does US currency loose value?

Oh, man. I fought the urge to comment on that all day, for just the reason 'Rilla said.

But for everyone who doesn't speak English as a second language, it's LOSE. If you lose money, you're a LOSER. Slutty girls are LOOSE. This typo is so common, it's driving me nuts. Thanks, sorry, I'm a grammar nazi, gg, etc.

hahaha your such a grammar nazi

[samsonite2100]

hahaha you're such a grammar nazi

FYP

[fasin8ing]

Who's up for the spelling bee competition?

[Warpe]

Who's up for the spelling bee competition?

"spelling bee competition" is redundant.

[a500lbgorilla]

hahaha you're such a grammar nazi

FYP

Apparently not a humor nazi.

[bigred]

hahaha you're such a grammar nazi

FYP

Bwned

[Lukie]

are their really people out there that didn't know I was just pulling a trick on all of you with my 'your such a grammer nazi' post?

hahah morons

[PO$$E$$ED]

lol @ morans

[samsonite2100]

are there really people out there that didn't know I was just pulling a trick on all of you with my 'you're such a grammar nazi' post?

FYP

Apparently not a humor nazi.

I don't get it...

[a500lbgorilla]

Apparently not a humor nazi.

I don't get it...

There was this joke, see? And it came hop, hopping along and you looked it right in the face and said, "You, sir, are not a joke."

[bigred]

lol @ morans

LOL YOU SPELLED IT WRONG

[samsonite2100]

There was this joke, see? And it came hop, hopping along and you looked it right in the face and said, "You, sir, are not a joke."

See, now you're not getting the joke I was making about myself not getting Lukie's joke. Didn't Jesus Christ say, "Let he who is without not joke getting make the first joke about not getting jokes," or something?

[Lukie]

samsonite you must of been dropped on your head as a kid or something.

[samsonite2100]

Samsonite, you must have been dropped on your head as a kid, or something.

FYP

[a500lbgorilla]

Now that's a bwned.

[Lukie]

Me and gabe talked about this thread on the phone last night, and we both decided that it's by far the lamest thread in the history of FTR.

[bigred]

Are you guys going to pick out matching drapes now for your new apartment?

[Lukie]

we should

[euphoricism]

Ok back on topic. We're smart people. How do we take ADVANTAGE of this, rather than bitch about this?

Come on you finance / economics nerds.

[bigred]

price = marginal cost

[anarchoi]

ok what the fuck happened to my post?

[bigred]

ok what the fuck happened to my post?

The same thing that happens to every thread longer than 8 replies. 2 replies if it's in the community usually.

[Lukie]

Me and gabe talked about this thread on the phone last night, and we both decided that it's by far the lamest thread in the history of FTR.

samsonite, there's a common gramatical error in this statement that you have yet to fix.

[samsonite2100]

Lukie, get the fuck over it.


Edited to add: Sorry, a bit harsh. I hope you realize that the FYP thing wasn't supposed to be at your expense--it was me making fun of myself about being a grammar nazi and not being able to resist correcting people. It seems to have made you mad, which wasn't my intent.

[midas06]

Me and gabe talked about this thread on the phone last night, and we both decided that it's by far the lamest thread in the history of FTR.

samsonite, there's a common gramatical error in this statement that you have yet to fix.

There's 2.

[Lukie]

Lukie, get the fuck over it.


Edited to add: Sorry, a bit harsh. I hope you realize that the FYP thing wasn't supposed to be at your expense--it was me making fun of myself about being a grammar nazi and not being able to resist correcting people. It seems to have made you mad, which wasn't my intent.

Well I was extremely offended, you should be ashamed of yourself.

[Lukie]

Me and gabe talked about this thread on the phone last night, and we both decided that it's by far the lamest thread in the history of FTR.

samsonite, there's a common gramatical error in this statement that you have yet to fix.

There's 2.

sshhhh

[Pingviini]

Why dont you guys stop making war, fix your economy etc so that dollars will be valuable again. It aint nice earning dollars and see my real earnings drop down just because your economy sucks the €/$ ratio is 1.2826 today

[bigred]

Why don't you not be eurotrash? That might help.

[spoonitnow]

opposite of ake's ass

[Lukie]

Spoonit what is that suppost to mean?

[ake]

Ah, I was a little pissed about this. But then realized pingviini lost like 5x more than me because of it.

[midas06]

Get the exchange rate back up quick kthx.

Nice avatar ake

[bluey]

Why dont you guys stop making war, fix your economy etc so that dollars will be valuable again. It aint nice earning dollars and see my real earnings drop down just because your economy sucks the €/$ ratio is 1.2826 today

hahah

[fasin8ing]

Why dont you guys stop making war, fix your economy etc so that dollars will be valuable again. It aint nice earning dollars and see my real earnings drop down just because your economy sucks the €/$ ratio is 1.2826 today

Ill be sure to pay my taxes this year. Oh ... And get a job.

[ilikeaces86]

just because your economy sucks (

http://www.msnbc.msn.com/id/9849583/

http://news.bbc.co.uk/1/hi/business/4888222.stm

[Pingviini]

ok ok, I know its getting better. How about fixing that defizit, I think that is one of the biggest reasons investors are selling USD right now.

[salsa4ever]

you guys *do* realize that most of your money is appreciating, right?

I mean sure, the AUD/USD rate was 0.73-0.74 3 months ago and it's bumping p to 0.78/0.79 now but most of what I own is is AUD... so the fact it's appreciating must be a good thing, right?