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anarchoi
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05-10-2006, 07:49 PM
Post subject: US dollar loosing value
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#1 (permalink)
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Straight
Join Date: Jul 2005
Posts: 115
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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
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Warpe
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Moderator
Join Date: Sep 2005
Location: Canuckistan
Posts: 3,905
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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
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fasin8ing
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Full House
Join Date: Aug 2005
Location: Germany
Posts: 1,063
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LOL-
To learn more go here-
http://www.flopturnriver.com/phpBB2/...oker-34685.htm
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bluey
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Flush
Join Date: Dec 2005
Posts: 347
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Quote:
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Originally Posted by Warpe
the Democrats win, which looks likely
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hahah good one
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BR: $.1k
Goal 2: July 1 $10k
IIbeatsUU: lol u raised with that?
you mini raised, therefore you desereve whatever you get....
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fasin8ing
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Full House
Join Date: Aug 2005
Location: Germany
Posts: 1,063
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Quote:
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Originally Posted by 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
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Awesome Forecast there Chris Matthews. Ummm your right.
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Warpe
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Moderator
Join Date: Sep 2005
Location: Canuckistan
Posts: 3,905
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Quote:
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Originally Posted by bluey
Quote:
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Originally Posted by Warpe
the Democrats win, which looks likely
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hahah good one |
Just going by what the talking heads on CNN and MSNBC are saying. U watch FOX, obv.
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anarchoi
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Straight
Join Date: Jul 2005
Posts: 115
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Quote:
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Originally Posted by 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
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what and when is mid-term elections?
/a
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Warpe
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Moderator
Join Date: Sep 2005
Location: Canuckistan
Posts: 3,905
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http://en.wikipedia.org/wiki/U.S._mi...lections,_2006
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DaNutsInYoEye
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4-of-a-Kind
Join Date: Apr 2004
Location: St. Louis
Posts: 1,921
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Quote:
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Originally Posted by fasin8ing
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Why do you insist on taking every opportunity to push this video?
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TheXianti: (Triptanes) why are you not a thinking person?
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a500lbgorilla
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JESUS TAKE THE KEYBOARD
Join Date: Sep 2004
Location: This room is a good place to be
Posts: 8,379
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Children, please keep this civil.
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Smithers, use the amnesia ray.
You mean the revolver, sir?
Precisely.
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fasin8ing
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Full House
Join Date: Aug 2005
Location: Germany
Posts: 1,063
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Quote:
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Originally Posted by DaNutsInYoEye
Quote:
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Originally Posted by fasin8ing
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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?
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PO$$E$$ED
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Flush
Join Date: Aug 2005
Location: SITTING ON 'RILLA'S FINGER
Posts: 263
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kill all the white people
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elipsesjeff
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Moderator
Join Date: Jul 2004
Location: Northern Virginia
Posts: 4,900
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Buy currency options obv...
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Renton
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Straight Flush
Join Date: Jan 2006
Location: Atlanta, GA, USA
Posts: 5,991
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Quote:
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Originally Posted by PO$$E$$ED
kill all the white people
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you like bill hicks?
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lolzzz_321
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NO YOU
Join Date: Oct 2004
Location: My ice is polarized
Posts: 2,797
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Quote:
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Originally Posted by elipsesjeff
Buy currency options obv...
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bigred
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PROFESSIONAL TROLL
Join Date: Sep 2004
Location: Nest of Douchebags
Posts: 2,184
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How does US currency loose value?
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LOL OPERATIONS
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Lukie
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4-of-a-Kind
Join Date: Jul 2005
Location: back with a vengeance
Posts: 3,307
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opposite of tight value
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a500lbgorilla
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JESUS TAKE THE KEYBOARD
Join Date: Sep 2004
Location: This room is a good place to be
Posts: 8,379
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Quote:
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Originally Posted by bigred
How does US currency loose value?
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BigRed... English isnt his first language and you're going to harp on a commonly made typo by people who actually know the language?
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Smithers, use the amnesia ray.
You mean the revolver, sir?
Precisely.
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samsonite2100
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Full House
Join Date: Dec 2005
Location: Your loosing, lolololololololololol
Posts: 858
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Quote:
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How does US currency loose value?
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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.
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anarchoi
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Straight
Join Date: Jul 2005
Posts: 115
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Quote:
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Originally Posted by samsonite2100
Quote:
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How does US currency loose value?
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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
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PO$$E$$ED
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Flush
Join Date: Aug 2005
Location: SITTING ON 'RILLA'S FINGER
Posts: 263
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bunch of loosers in here
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samsonite2100
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Full House
Join Date: Dec 2005
Location: Your loosing, lolololololololololol
Posts: 858
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Didn't see that one coming...
Btw, Anarchoi, your wpp is 666.
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bigred
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PROFESSIONAL TROLL
Join Date: Sep 2004
Location: Nest of Douchebags
Posts: 2,184
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Quote:
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Originally Posted by a500lbgorilla
Quote:
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Originally Posted by bigred
How does US currency loose value?
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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.
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LOL OPERATIONS
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anarchoi
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Straight
Join Date: Jul 2005
Posts: 115
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Quote:
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Originally Posted by samsonite2100
Didn't see that one coming...
Btw, Anarchoi, your wpp is 666.
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wpp?
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a500lbgorilla
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JESUS TAKE THE KEYBOARD
Join Date: Sep 2004
Location: This room is a good place to be
Posts: 8,379
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anarchoi
3-of-a-Kind
3-of-a-Kind
Joined: 19 Jul 2005
Posts: 52
WPP: 666
Words per post, spawn-of-satan.
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Smithers, use the amnesia ray.
You mean the revolver, sir?
Precisely.
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Robert
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Full House
Join Date: Apr 2005
Location: Kokkedal, Denmark
Posts: 1,109
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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! 
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Demiparadigm
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4-of-a-Kind
Join Date: Feb 2005
Location: Party 6 max
Posts: 1,602
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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.
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To win in poker you only need to be one step ahead of your opponents. Two steps may be detrimental.
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Lukie
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4-of-a-Kind
Join Date: Jul 2005
Location: back with a vengeance
Posts: 3,307
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Quote:
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Originally Posted by samsonite2100
Quote:
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How does US currency loose value?
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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
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samsonite2100
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Full House
Join Date: Dec 2005
Location: Your loosing, lolololololololololol
Posts: 858
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Quote:
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hahaha you're such a grammar nazi
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FYP
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fasin8ing
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Full House
Join Date: Aug 2005
Location: Germany
Posts: 1,063
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Who's up for the spelling bee competition?
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Warpe
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Moderator
Join Date: Sep 2005
Location: Canuckistan
Posts: 3,905
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Quote:
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Originally Posted by fasin8ing
Who's up for the spelling bee competition?
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"spelling bee competition" is redundant.
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a500lbgorilla
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JESUS TAKE THE KEYBOARD
Join Date: Sep 2004
Location: This room is a good place to be
Posts: 8,379
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Quote:
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Originally Posted by samsonite2100
Quote:
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hahaha you're such a grammar nazi
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FYP |
Apparently not a humor nazi.
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Smithers, use the amnesia ray.
You mean the revolver, sir?
Precisely.
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bigred
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PROFESSIONAL TROLL
Join Date: Sep 2004
Location: Nest of Douchebags
Posts: 2,184
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Quote:
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Originally Posted by samsonite2100
Quote:
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hahaha you're such a grammar nazi
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FYP |
Bwned
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LOL OPERATIONS
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Lukie
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4-of-a-Kind
Join Date: Jul 2005
Location: back with a vengeance
Posts: 3,307
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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
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PO$$E$$ED
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Flush
Join Date: Aug 2005
Location: SITTING ON 'RILLA'S FINGER
Posts: 263
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lol @ morans
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samsonite2100
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Full House
Join Date: Dec 2005
Location: Your loosing, lolololololololololol
Posts: 858
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Quote:
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are there really people out there that didn't know I was just pulling a trick on all of you with my 'you're such a grammar nazi' post?
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FYP
Quote:
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Apparently not a humor nazi.
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I don't get it...
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a500lbgorilla
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JESUS TAKE THE KEYBOARD
Join Date: Sep 2004
Location: This room is a good place to be
Posts: 8,379
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Quote:
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Originally Posted by samsonite2100
Quote:
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Apparently not a humor nazi.
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I don't get it... |
There was this joke, see? And it came hop, hopping along and you looked it right in the face and said, "You, sir, are not a joke."
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Smithers, use the amnesia ray.
You mean the revolver, sir?
Precisely.
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bigred
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PROFESSIONAL TROLL
Join Date: Sep 2004
Location: Nest of Douchebags
Posts: 2,184
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Quote:
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Originally Posted by PO$$E$$ED
lol @ morans
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LOL YOU SPELLED IT WRONG
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LOL OPERATIONS
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samsonite2100
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Full House
Join Date: Dec 2005
Location: Your loosing, lolololololololololol
Posts: 858
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Quote:
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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."
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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?
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Lukie
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4-of-a-Kind
Join Date: Jul 2005
Location: back with a vengeance
Posts: 3,307
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samsonite you must of been dropped on your head as a kid or something.
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samsonite2100
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Full House
Join Date: Dec 2005
Location: Your loosing, lolololololololololol
Posts: 858
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Quote:
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Samsonite, you must have been dropped on your head as a kid, or something.
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FYP
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a500lbgorilla
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JESUS TAKE THE KEYBOARD
Join Date: Sep 2004
Location: This room is a good place to be
Posts: 8,379
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Now that's a bwned.
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Smithers, use the amnesia ray.
You mean the revolver, sir?
Precisely.
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Lukie
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4-of-a-Kind
Join Date: Jul 2005
Location: back with a vengeance
Posts: 3,307
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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.
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bigred
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PROFESSIONAL TROLL
Join Date: Sep 2004
Location: Nest of Douchebags
Posts: 2,184
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Are you guys going to pick out matching drapes now for your new apartment?
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LOL OPERATIONS
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Lukie
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4-of-a-Kind
Join Date: Jul 2005
Location: back with a vengeance
Posts: 3,307
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we should
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euphoricism
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4-of-a-Kind
Join Date: Mar 2005
Location: Your place or my place
Posts: 3,610
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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.
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bigred
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PROFESSIONAL TROLL
Join Date: Sep 2004
Location: Nest of Douchebags
Posts: 2,184
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price = marginal cost
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LOL OPERATIONS
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anarchoi
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Straight
Join Date: Jul 2005
Posts: 115
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ok what the fuck happened to my post?
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bigred
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PROFESSIONAL TROLL
Join Date: Sep 2004
Location: Nest of Douchebags
Posts: 2,184
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Quote:
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Originally Posted by anarchoi
ok what the fuck happened to my post?
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The same thing that happens to every thread longer than 8 replies. 2 replies if it's in the community usually.
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LOL OPERATIONS
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Lukie
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4-of-a-Kind
Join Date: Jul 2005
Location: back with a vengeance
Posts: 3,307
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Quote:
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Originally Posted by 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.
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samsonite, there's a common gramatical error in this statement that you have yet to fix.
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