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Missing from the Conversation


Gonzo the Face

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24 minutes ago, Dante99 said:

Yet you continue with your off topic blah blah.  No wonder people lable you sad.

It's about separating and understanding what is a currency related issue and what is not and explaining that so people understand, the strawberries issue is not a currency strength issue, as explained. But some of you guys are so wrapped in trying to gang up, insult, dish out pay back for perceived sleights and score points that none of you have actually managed to contribute to the topic or the arguments that are directly related, dear god it's like debating with children and you call me sad!

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On 6/15/2020 at 7:09 AM, Dante99 said:

So you and Moontang should just get a room and cary on with each other in private.  Then the rest of us can consider Gonzo's questions.

If I enjoyed being around gays, Jews, and gypsies; I would have never left Berkeley..at least the air is clean and healthy foods are reasonable.

Edited by moontang
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1 hour ago, Trillian said:

It's about separating and understanding what is a currency related issue and what is not and explaining that so people understand, the strawberries issue is not a currency strength issue, as explained. But some of you guys are so wrapped in trying to gang up, insult, dish out pay back for perceived sleights and score points that none of you have actually managed to contribute to the topic or the arguments that are directly related, dear god it's like debating with children and you call me sad!

"Missing from the conversation", topic isn't clearly defined IMHO.

Discussing the relative prices of 'soft fruits' probably isn't the best food item to discuss either.

Something widely sold and used across the world is fairly hard to find (except beer).

Edited by BritManToo
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1 minute ago, moontang said:

If I enjoyed being around gays, news, and gypsies; I would have never left Berkeley..at least the air is clean and healthy foods are reasonable.

We share one thing in common it seems, although in my case the word might be lesbians rather than gays.

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1 hour ago, Dante99 said:

 

Very sad sick people posting their dirty laundry.  All about themselves, nothing to do with the topic.

Oh heck, the thread is so far shot that we may as well post about absolutely anything, no point trying to get on track with the topic at this late stage of the game! Don't you have a pizza recipe you want to share or something!

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On 6/12/2020 at 12:57 PM, Dante99 said:

Whim, fancy, voodoo, fortune telling, reading tea leaves, manipulations but very very little to do with real life economics. Somebody(s) created and sold a story.

Tend to agree with the above.

Since first coming to Thailand back in the 70s I have learned that attempting to forecast Exchange Rates is a subject beyond ordinary folk.

 

john

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42 minutes ago, jonwilly said:

Tend to agree with the above.

Since first coming to Thailand back in the 70s I have learned that attempting to forecast Exchange Rates is a subject beyond ordinary folk.

 

john

Yes even the professionals have very low success rates.  Most money managers just do not include trading currencies in their bag of tricks, can not do it.

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The question that was raised in the OP is what has happened and what is the cause, not what will happen and what will the future rate be! 

 

It's far easier to look back and see what took place than it is to look forward and guess what might happen in the future. That said, most people look at FOREX in terms of numbers and rates when really it's about events. They dream about prefered rates of exchange rather than looking at what they might realistically be based on things that are most likely to happen...no wonder money managers/IFA's don't get involved, it's a very specialised area for which most are not equipped.

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On 6/12/2020 at 12:54 PM, JulieM said:

US currency is weaker due to the Federal Reserve printing a lot of new money. Dollar was slightly higher yesterday as investors fled the stock market (6.5% decline) and, for some reason, put money into the US dollar instead of gold.

I don't think that's true. The dollar is still higher than it was before the Covid crisis. What happened was when Covid hit currency traders raced to buy dollars because the USA was seen as a safe haven. Now that the measure of Covid has been taken, the dollar has retreated somewhat.

image.png.56d0c1ea5c8ce671c4fd1f2650ff6ecd.png

https://www.google.com/search?q=dollar+to+baht&rlz=1C1CHBD_enTH886TH886&oq=dollar+to+baht&aqs=chrome..69i57.2612j0j7&sourceid=chrome&ie=UTF-8

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