I bought into Australian dollar.

Start a Thread Start a Poll

I bought into Australian dollar.
Apr 4, 2011 02:01
LONGTIMENOSEE Points: Join Date: Apr 3, 2011 Status: offline	I placed order for execution last month. hope the aussie dollar keeps rising.Good luck to me.^_^ Anyone here do it? I do international trade and some investment in realestate and stock. Would like to talk about these anytime. Have fun！

Apr 4, 2011 08:35	#1
DAVIDWU1103 Points: Join Date: Mar 24, 2011 Status: Offline	DO YOU HAVE A GOOD HARVEST FROM STOCK?

Apr 4, 2011 08:52	#2
LONGTIMENOSEE Points: Join Date: Apr 3, 2011 Status: Offline	lol I got enough I also own stock of indias reliance co,bloody hell ,great company, but totally screwed up stock

Apr 5, 2011 00:54	#3
BOBERT Points: Join Date: Jan 1, 2009 Status: Offline	Most economic pundits here in Australia have the A$ continuing to surge as long as the Chinese economy doesn't collapse. $A1.10 to the US$ is predicted for this year and $A1.15 is not out of the question. Don't sell yet.

Apr 5, 2011 00:59	#4
BOBERT Points: Join Date: Jan 1, 2009 Status: Offline	Quote: Originally Posted by LONGTIMENOSEE I placed order for execution last month. hope the aussie dollar keeps rising.Good luck to me.^_^ Anyone here do it? I do international trade and some investment in realestate and stock. Would like to talk about these anytime. Have fun！ Which type of stock do you invest in?

Apr 5, 2011 04:13	#5
LONGTIMENOSEE Points: Join Date: Apr 3, 2011 Status: Offline	DIFFERENT ONES LOL FOR FUN AND LITTLE POCKET MONEY LOL YOU REPLIED EACH POSTING OF ME ON THIS WEBSITE.THANKS MATE !

Apr 5, 2011 15:12	#6
BOBERT Points: Join Date: Jan 1, 2009 Status: Offline	Quote: Originally Posted by LONGTIMENOSEE DIFFERENT ONES LOL FOR FUN AND LITTLE POCKET MONEY LOL YOU REPLIED EACH POSTING OF ME ON THIS WEBSITE.THANKS MATE ! Your welcome mate. I also like investing in the stock market for fun and profit. I usually find forex trading very fickle and unpredictable so I avoid it. However the near term future for the A$ against the US$ looks certain as long as America continues quantative easing untill at least June and China doesn't do anything too radical to combat inflation. Predicting $A movements beyond June is impossible. Good luck mate.
BOBERT Points: Join Date: Jan 1, 2009 Status: Offline	Last edited by BOBERT: Apr 5, 2011 15:22

Apr 5, 2011 15:19	#7
BOBERT Points: Join Date: Jan 1, 2009 Status: Offline	P.S. Australian resource companies still look undervalued to me. Iron ore and Rare Earth miners in particular look like great value.Take a look at LYC.AX and AGO.AX. Also FMG.AX which is soon to list on the Hong Kong exchange in order to raise capital for further expansion.

Apr 8, 2011 21:00	#8
BOBERT Points: Join Date: Jan 1, 2009 Status: Offline	The Australian dollar today hit $1.05 to the US$. Next stop US$1.10.

Apr 9, 2011 05:43	#9
LONGTIMENOSEE Points: Join Date: Apr 3, 2011 Status: Offline	Quote: Originally Posted by BOBERT The Australian dollar today hit BOBERT.05 to the US$. Next stop USBOBERT.10. The exchange rate in normal market economies is defined by the difference in interest rate,does not apply to china, of course, because of its forex restrictions just like chekoslovakia 1985,so, higher interst in one currency means it moves up. More money for cookies.

Apr 9, 2011 17:29	#10
BOBERT Points: Join Date: Jan 1, 2009 Status: Offline	The "quantative easing" of the US dollar also inflates the nominal value of foreign currencies. Interest rates are headed up in Australia and the US will keep printing money. Money for jam.

Post a Reply to: I bought into Australian dollar.