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Australian dollar rallies to 26-year High against pound

http://finance.ninemsn.com.au/newscurre ... ote-passes

damn it i knew i should have payed of the remainder of my student loans back when US$ was 55 cents was equal to 1 Australian Dollar.
This was back in 2001.

Now 1 Australian Dollar is equal to 1.05 US $

and i get payed in UAE dirhams which are linked to the US Dollar..

This sucks

That sucks....Why could you not pay AUS$. Get a family to pay in here or something.

well i do not have to pay them until is start working in Australia.
Then the government will automatically get its money back by taxing me at a higher rate than normal..

Which is the reason why its better to pay for it on your own...

Since i do not expect to be working in australia anytime soon, i will have to work out a way to pay it..

and the US$ will continue to keep going down and down, this is why i intend to put my savings in Canadian$ or Asutralian$ international accounts, canada is better because i dont want the australian tax man access to my money ...


i do not trust the Euro, and opening a swiss bank account is a hassle, its not easy like in the movies, you will need to be introduced by someone that knows the bank...

The british pound and the yen are both unstable and China will devalue its currency sooner or later probably before 2015 even if they say they will not..

and i do not trust gold, whenever things start to boom thats when you should be getting out...
i expect allot of countries to unload gold onto the market anytime soon , gold is now approaching $1500 an ounce when it was only $300 a few years ago.. I am sure it will reach $2500 an ounce within 2 years but then i also expect it to drop to below $1000 dollars shortly after that... I wouldnt advise anyone to ride that rollercoaster, but if you have some spare money you should buy gold right now you probably have around 2 years before the price drops massively but you can make allot of money too..

Ain't that bad for your economy though,good for Ozzie tourists to Blight only

But what does io io io mean?

But what does io io io mean?

Its an Australian phase....All aussies use it when we are cheering 'aussie aussie aussie io io io'. Australian humour at its best.

Oh what gold is going to go down in two years you say? I should wait then not for investment but for jewelry.

Xalimo

Now is the best time to convert all of your AUD from the ayuuto savings to Mr. baldheaded Benjamin because soon your currency's 5 minutes of fame will come to a crushing end.

Ain't that bad for your economy though,good for Ozzie tourists to Blight only

Yes for imports but good if you are sending money overseas. I need new clothes.

Unless Obama fails to stave off another depression bigger than the 1939 one, by continuing to fiddle with the numbers and china allowing him to devalue the dollar further, we will all be heading to disaster.

in that senario gold is the way to go, gold will hit $10,000..



but i am betting that they will continue fiddling with the numbers for a another 10 years or so..

so I'm not the only Aussie here, good to know; sending money to Africa has never felt so good here in Australia

Xalimo, have watched Go Back To Your Country on SBS?

so I'm not the only Aussie here, good to know; sending money to Africa has never felt so good here in Australia

Xalimo, have watched Go Back To Your Country on SBS?

No walaal but ever one is talking about it, I will watch it inshallah.

Actualy Xalimo

aggie, aggei, aggei
oi, oi, oi

is a Welsh thing

DP

Actualy Xalimo

aggie, aggei, aggei
oi, oi, oi

is a Welsh thing

Really? But we say it too and I thought was only us. Maybe the Welsh copied us