Of course not now for conversion

Posted by kazza007k on Monday, 3. January 2011 at 15:48 Bali Time:

In Reply to: It is neither smart nor clever to posted by sherbert on Monday, 3. January 2011 at 15:11 Bali Time:

Tess is travelling in May 2011 and is looking at taking advantage of the current strenght of the A$.

Hypothetically speaking, if the bottom drops out of the A$ early May 2011 and the street rate for A$ in Bali is 7,500rup and the USD rate is 8,900 and I use my USDs (which I have purchased close to or on parity in Jan 2011) to get rup instead of my A$, then I would consider myself ahead, not at a loss.

Follow Ups:

kazza007k dccc Monday, 3. January 2011 at 17:43 Bali Time (9)
- Sure I do it is simple economics let me kazza007k Monday, 3. January 2011 at 19:41 Bali Time (8)
  - when you convert your dccc Monday, 3. January 2011 at 19:54 Bali Time (7)
    - USD & Parity rate kazza007k Monday, 3. January 2011 at 20:14 Bali Time (6)
      - This sounds like any weather forecast Rebelrebel Monday, 3. January 2011 at 22:46 Bali Time (0)
      - now you got me confused bigbadbull Monday, 3. January 2011 at 22:04 Bali Time (4)
        
        Sorry for the confusion.....I didnt mean Kazza007k Tuesday, 4. January 2011 at 15:00 Bali Time (3)
        
        I am not confused Kazza......... Deb M Wednesday, 5. January 2011 at 07:03 Bali Time (2)
        
        Hoooray... finally someone that gets it kazza007k Wednesday, 5. January 2011 at 15:41 Bali Time (0)
        If you read the entire thread I don't willow Wednesday, 5. January 2011 at 10:14 Bali Time (0)