smedly Posted November 14, 2016 Share Posted November 14, 2016 Some of you Euro users may have been amused these last few months when sterling took a serious downturn, although it didn't really affect me as I have a reserve of Thai Baht that will last me for a while changed at well over 54/GBP But the Euro is now in a very obvious downward direction and I don't see that trend changing for various reasons - go do some reading If you are holding Euro it might be time to get into something else right now because all I see on my radar going forward is bad news Euro against sterling has dropped about 6% in the last week and sterling is hardly the golden boy right now Link to comment Share on other sites More sharing options...
daveAustin Posted November 14, 2016 Share Posted November 14, 2016 I would be happy to see it tank along with the EU in general. FREEDOM! Link to comment Share on other sites More sharing options...
OJAS Posted November 14, 2016 Share Posted November 14, 2016 "If you are holding Euro it might be time to get into something else right now because all I see on my radar going forward is bad news" Certainly bad news for my sister who lives in Paris. But good news for me as a Brit when I next visit her in 6 months time! Link to comment Share on other sites More sharing options...
dotpoom Posted November 14, 2016 Share Posted November 14, 2016 Good time to sell property in Thailand then. Link to comment Share on other sites More sharing options...
elgordo38 Posted November 14, 2016 Share Posted November 14, 2016 The Euro is not alone in tanking. The Auzzies and Canucks are feeling the pinch to. I converted to American dollars a year ago the handwriting was on the wall back then and it is still pointing downward. The world is a huge Monopoly game. I must give the US their due years ago they convinced Saudi Arabia (during friendlier times) to sell them oil priced in US dollars. Then other commodities followed suit. Now the US regardless of economics has an endless line of credit to draw from for their frivilous credit lifestyle and then they went full steam ahead into credit never never land borrowing like a drunken sailor. A lot of the so called good times in the US is press related and watching the presidential election the press is very selective in their output to keep up the talk up of good times forever. Stock market 31,000 and other idiotic comments abound. 2008 taught us all parties come to an end and a hangover is in the future. Link to comment Share on other sites More sharing options...
Kabula Posted November 14, 2016 Share Posted November 14, 2016 Most currencies are tanking with a strong US$; including the THB - US$. Prepare...dark, financial clouds are forming worldwide Link to comment Share on other sites More sharing options...
Rimbuman Posted November 14, 2016 Share Posted November 14, 2016 Link to comment Share on other sites More sharing options...
Enoon Posted November 14, 2016 Share Posted November 14, 2016 7 hours ago, OJAS said: "If you are holding Euro it might be time to get into something else right now because all I see on my radar going forward is bad news" Certainly bad news for my sister who lives in Paris. But good news for me as a Brit when I next visit her in 6 months time! What will be the relative values of the Euro, Pound and Dollar in 6 months time? Link to comment Share on other sites More sharing options...
12DrinkMore Posted November 14, 2016 Share Posted November 14, 2016 It all depends on the elephant in the room, coupled with a brown or maybe a black swan. I favour a dead cat bounce, followed by a head and shoulders reversal. Link to comment Share on other sites More sharing options...
crackhouseparty Posted November 14, 2016 Share Posted November 14, 2016 47 minutes ago, Kabula said: Most currencies are tanking with a strong US$; including the THB - US$. Prepare...dark, financial clouds are forming worldwide Winners and losers, my friend. You've just got to guess the forthcoming winners then you're quids in. I recently guessed The Donald and my bank balance is sufficiently replenished. Link to comment Share on other sites More sharing options...
ujayujay Posted November 14, 2016 Share Posted November 14, 2016 Most in this Thread does't understand Economic. Euro 6% down.........GBP drops 12% and keep on this Level sience June 24....what a comparsion. If somebody think,to go with U$ Dollar......dream on. Link to comment Share on other sites More sharing options...
DrTuner Posted November 14, 2016 Share Posted November 14, 2016 It's the Trump effect. He's making USD great again. Link to comment Share on other sites More sharing options...
crackhouseparty Posted November 14, 2016 Share Posted November 14, 2016 Just now, ujayujay said: Most in this Thread does't understand Economic. Euro 6% down.........GBP drops 12% and keep on this Level sience June 24....what a comparsion. If somebody think,to go with U$ Dollar......dream on. Exactly, ujayujay. It's all a dream, you just need to dream the next big winner. Your scientific study is just as crap as all the rest. A little lesson for you is not to predict on a forum because you'll look like a real twerp when it goes belly up. Put your money where your mouth is if you are so certain. Link to comment Share on other sites More sharing options...
Khon Kaen Dave Posted November 14, 2016 Share Posted November 14, 2016 elgordo38 i have to hand it to you,my friend,that if your rationale is correct,you are a very knowledgeable man. Link to comment Share on other sites More sharing options...
Dumbastheycome Posted November 14, 2016 Share Posted November 14, 2016 3 hours ago, DrTuner said: It's the Trump effect. He's making USD great again. I know it is rude to laugh at the intellectually impaired......but I am ! Link to comment Share on other sites More sharing options...
Top man Posted November 14, 2016 Share Posted November 14, 2016 12 hours ago, daveAustin said: I would be happy to see it tank along with the EU in general. FREEDOM! Well said dave . classic Link to comment Share on other sites More sharing options...
chilli42 Posted November 14, 2016 Share Posted November 14, 2016 6 hours ago, dotpoom said: Good time to sell property in Thailand then. Why so? Link to comment Share on other sites More sharing options...
Dtrump Posted November 14, 2016 Share Posted November 14, 2016 3 hours ago, DrTuner said: It's the Trump effect. He's making USD great again. That's why some people are wearing safety pins I guess cause he is causing them to poop in their diapers. Link to comment Share on other sites More sharing options...
chilli42 Posted November 14, 2016 Share Posted November 14, 2016 4 hours ago, crackhouseparty said: Winners and losers, my friend. You've just got to guess the forthcoming winners then you're quids in. I recently guessed The Donald and my bank balance is sufficiently replenished. Picking the losers is just as profitable as picking the winners ... and just as difficult Link to comment Share on other sites More sharing options...
Halfaboy Posted November 14, 2016 Share Posted November 14, 2016 A theoretical example (without overhead and imaginary exchange rates): Say some time ago you bought a property for 1million baht. Exchange rate 1 Euro = 45 Baht. Costs in Euro is 22.222.20 Euro. Now you sell the same property for 1 million baht. Exchange rate 1 Euro = 37,5 Baht. Revenue is 26.666.67 Euro. Link to comment Share on other sites More sharing options...
Pib Posted November 14, 2016 Share Posted November 14, 2016 4 hours ago, Enoon said: What will be the relative values of the Euro, Pound and Dollar in 6 months time? Answer: Wait 6 months to see. Link to comment Share on other sites More sharing options...
Shiver Posted November 14, 2016 Share Posted November 14, 2016 According to XE.com chart there's a support line around the 37.9 area. Let's see if that supports it or if it's on thin ice. Link to comment Share on other sites More sharing options...
elgordo38 Posted November 14, 2016 Share Posted November 14, 2016 8 hours ago, Kabula said: Most currencies are tanking with a strong US$; including the THB - US$. Prepare...dark, financial clouds are forming worldwide Load up now this will not last forever. The economic cycle is said to be rotating to this side of the world. We will apparently prosper while others stand still or decline. Cheap labor has carried the day here. Link to comment Share on other sites More sharing options...
Suradit69 Posted November 14, 2016 Share Posted November 14, 2016 2 hours ago, Pib said: Answer: Wait 6 months to see. The Mongolian Tughrik seems to be on a slippery slope against the Thai baht, so waiting for six months or even longer might be a good idea for any Mongolian TV members planning to return home and repatriate their accumulated funds denominated in baht.. Link to comment Share on other sites More sharing options...
jacko45k Posted November 14, 2016 Share Posted November 14, 2016 20 hours ago, daveAustin said: I would be happy to see it tank along with the EU in general. FREEDOM! I detect a Scottish edge to that post! Link to comment Share on other sites More sharing options...
chicowoodduck Posted November 14, 2016 Share Posted November 14, 2016 Oh my Buddha, like I even pretend to take any TV member serious on any fiscal or medical issue.......if they were even half smart they would not be giving out free bad advice on any matters.......IMHO....:-( Link to comment Share on other sites More sharing options...
smedly Posted November 14, 2016 Author Share Posted November 14, 2016 18 minutes ago, chicowoodduck said: Oh my Buddha, like I even pretend to take any TV member serious on any fiscal or medical issue.......if they were even half smart they would not be giving out free bad advice on any matters.......IMHO....:-( you just did lol PS go look up the words "topic" and "conversation" Link to comment Share on other sites More sharing options...
jimmyyy Posted November 15, 2016 Share Posted November 15, 2016 Loving me some trump! Seems like the stock market agrees with me. Lets get to that 40.00 mark baby..... Still smiling! Link to comment Share on other sites More sharing options...
bangon04 Posted November 15, 2016 Share Posted November 15, 2016 Where is Naam when we need him........ Link to comment Share on other sites More sharing options...
meatboy Posted November 15, 2016 Share Posted November 15, 2016 tanking where oct 3rd. TT RATE 38.5 yesterdays close of play 37.8. Link to comment Share on other sites More sharing options...
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