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MainMoney Matters – Aussie dollar soars (let the good times roll) All Topics

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dirty guru
Gold is a safe refuge

The entire Global situation is perilious -

But the Aussie will come through no question-

Infact I predict it will be sitting above $1.20Cents American in six months once they start printing more money


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Posted on: 4:52 pm on Aug. 11, 2011
thailife
There is an old saying in the market... never predict time and price together.....

So DG, just what do you do for a living to live in an affluent area? I thought you said you steer tug boats or something or meaningless like that......



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Posted on: 5:03 pm on Aug. 11, 2011
dirty guru
Gold seems to be the smart place to park assests at present


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Posted on: 5:51 pm on Aug. 11, 2011
thailife
Dg, you are late to the party.... ran up too quick, headed down now..... QE1 and QE2 ran it up... as America printed dollars, gold went up... but that trade is awfully crowded now..... time to go the other way....


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Posted on: 6:31 pm on Aug. 11, 2011
The Machine
I think DG is right about gold.

It is only going to higher IMHO.

The more the yanks keep printing money the higher the gold price is going to go.

No safety in the US dollar and with that the Aussie dollar is probably going to keep getting higher as it is a commodity based producer and seen as a bit of a safe haven.

I have some good Aussie gold stocks as they are way underpriced at the moment.

Try Silver Lake SLR good gold producer, no debt, production costs 500 an ounce share price quite low. My value at current gold prices closer to 4 dollars trading at 2.20 odd I think.

Ramelius ASX RMS is also very good value.

You should hedge any investment strategy with some good gold stocks in this environment.

Warning: Do you own research this is my opinion and I own shares in these businesses


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Posted on: 2:56 am on Aug. 12, 2011
jingjo
Don't listen to tugger!

he's full of SHIT

I predicted that gold would go up this year last year

ask Daffy he'd remember.

Daffy how do you know when there's a Kiwi in your house?


When there's love bites in your side of lamb!


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Posted on: 4:29 am on Aug. 12, 2011
DaffyDuck

Quote: from jingjo on 2:56 pm on Aug. 11, 2011

But it's a nice place to VISIT if you like SHEEP & mountains!
Oh, is that why Tezza would be jumping in?


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Posted on: 4:48 am on Aug. 12, 2011
dirty guru
New Zealand air had a good advertisment, where the airhosties were topless with just painted breasts-

see below
http://www.youtube.com/watch?v=elD38pJX7iE&feature=related
New Zealand is infact a very scenic country-

take a peep

http://www.youtube.com/watch?v=0KJno1QU-Mg&feature=related


Regards Aussie dollar- well the figures speak for themselves 110% profit ten years appreciation 2001 - 2011-

2008- 2011 - 33% profit *(GFC to now)

Machine ofcourse is correct- the investors are not stupid


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Posted on: 9:50 pm on Aug. 12, 2011
lalake

Qantas goes overseas. Its a by-product of extra high wages and high AU$. I'm surprised that the Aussies are suprised.

http://au.ibtimes.com/articles/198886/20110817/updates-qantas-gwa-to-cut-jobs.htm


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Posted on: 3:25 pm on Aug. 17, 2011
dirty guru
No one catches Qantas - they have (for the record been out sourcing work for years) see engine work-
http://www.arabiansupplychain.com/article-5187-union-blames-outsourcing-for-qantas-problems/

The above article was from 22 months ago-


So no Australians in general are not suprised-

As alot of business have gone to asia prior (including the one your statement refers to)

Qantas have outsourced for years - this is just a further step-

I dont fly them because I am offended by near middle aged flight crews who are rude and unattractive- and over weight often.

I like little bodies on the much younger asian woman (thai airways - or singapore airways) that I imagine arse f***ing as they politely serve me- and smile and look happy to have a position
Its a Bad airline that less than 20% of Australians use to leave Australia with-

It does however maintain the record as only major airline on the world stage not to crash-
http://www.flyafrica.info/forums/showthread.php?32036-Qantas-quot-World-s-Safest-Airline-quot
Regards the High Australian dollar it is hurting many sectors of the Community-

However wealth distribution in this Country is much fairer than say the united states where just 20% of people have 84% of that countries wealth-
Source American public brodcasting TV dated Yesterday 17/8/11
article and Video
http://www.pbs.org/newshour/bb/business/july-dec11/makingsense_08-16.html
Australain Dollar has also a good track record-


And if the purpose of the post is to somehow suggest Australia has hit hard times?

Think Again- Qantas is aiming to expand into the lucrative asian markets - with a base there-

Unemployment is steady at just 5% (go compare that with north america and/or european countries ) It also has low debt-

And though like all economies it is sensing a down turn- the markets are doing well when compared to other economies-
If your going overseas- to lets say Thailand- and you like purchasing girls to suck your dick and f*** every which way- and you happen to be flying in from Australia - then its still a good scene

::



The day this post was made one australian dollar will fetch you 105.5 US cents-

So the Dollar is worth more than a USA dollar-
source
http://www.xe.com/ucc/convert/?Amount=1&From=AUD&To=USD





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Posted on: 4:09 pm on Aug. 17, 2011
     

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