US dollar depreciating, Gold is up to $739 US
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41 / M / Canada
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Posted 9/25/07
The Canadian dollar is at par with the US dollar. I like it when I travel, more bang for the buck.
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76
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Posted 9/25/07
there are nothing but 13-14 year old kids here. how do you expect them to answer this. lol
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25 / M / England.
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Posted 9/25/07
Well, I'm from the UK, so i does not really effect me too much. On the times i have been to America its roughly 1 pound to 1.5 dollars. The last time i looked a week ago, the dollar is around 2 to every pound in transfers. Just a random thing there... ^^
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31 / M / Canada
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Posted 9/25/07
@ bknghiem
I know, i think it's around CDN 90c (more or less) now on US $1 . America would better brace themselves for canadian shoppers lolz
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41 / M / Canada
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Posted 9/25/07
The Canadian dollars is trading at 99.9 cents US and it went up over a dollar last week before dropping under a dollar. Yeah, if you watch the news you see a lot of this on the news. Good time to visit US, they must be bringing in the tourist from all parts of the world with their currency depreciating like this. If it wasn't the thing with the airport security I wouldn't mind travelling to US and visit San Francisco to see the asian community there.
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31 / M / Canada
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Posted 9/25/07
I didn't know it reached 99.9c, i better start packing up & start shopping
(If only I didn't have to go to work & school, that'd be sweet )
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F
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Posted 9/25/07
my friend went to china this past summer and complained that she barely got to go shopping because it kept feeling like her and her mom didn't have enough money. it turns out that her mom bought $2,000 USD worth of gold in china at the beginning of the trip and my friend didn't know about it, to stock up in case the US dollar goes wayyyyyyyyyyyyyyyy... down.

seeing this topic just reminded me of this story. i wonder if her mother is a little too paranoid? or maybe not?
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58 / F / Melbourne
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Posted 9/25/07
Our dollar is worth 86.57 cents American. What happens to the American dollar affects just about all the economies in the world. Over the years, I have noticed that often when the American dollar drops, so does ours. I don't know why. A drop in the value of the USD is often enough to trigger a recession. Perhaps one of the CR members with an economics/commerce degree can explain this. I can't. Btw, kyorizuken we aren't all 13 and 14 year olds (this includes yourself).
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F
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Posted 9/25/07
It's good for me. I live in Europe, so I don't have dollars but euros.

I'll wait a bit longer, and then I'll go shopping online! Yay!
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53 / M / Boston area
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Posted 9/26/07
Our so-called leaders in Washington - both Democrat and Republican - are helping to drive the dollar into the grave.

Why?

Bad trade policies, refusal to get rid of the national debt, un-Constitutional laws and mandates, not basing the dollar on any commodity at all, obsession with the utopian nightmare of a "world state" and so on.

Mix it all together with huge corporate and personal debt, a service-based economy and other things and POW! A dead dollar. And that frightens me a lot.
Posted 9/26/07

kyorizuken wrote:

there are nothing but 13-14 year old kids here. how do you expect them to answer this. lol


not everyone is 14 yo sir.

and I expected this, w/ the steady decline of such markets
like the housing market everything is in a back lash.
We are at a record high of foreclosures in california alone,
stuff like that trickles down into the economy and ultimately
causes stuff like our dollar to decline.
Posted 7/17/09
Thread no longer applies

~locked
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