G’day..
I expect the Aussie $$$ to be at .87 US$ to.90 US$ by year end and that won’t be good for our Exports or Tourism.
Add this link to your favourites.
http://www.ozforex.com.au/charts.asp
Bill
Bill O’Mara
Bill, you were spot on last prediction… this time Hmmmm, the tide may be turning
REDWING
“The man that thinks at 5o as he did when he was 20 has wasted 30 years of his life”
Thanks for thr referral Bill.
No candle sticks however ?
No opportunity to determine the time scale ?
Pisces
Most other commentators believe the greenback will be in free fall soon, as it was so overvalued previously.
In regards to foreign currency loans, how does one arrange a $US loan in australia for residential property? Is it possible? Obviously, I am aware of the huge forex risk, but is something I am interested in looking into.
I have been thinking along the same lines Wrappack, but it would be a huge gamble. Look at what happend to the farmers amny years ago not to mention the NAB of recent times.
Regards Bear
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