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Yen in 2013
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Argofoto



Joined: 28 Aug 2012
Posts: 41

PostPosted: Fri Oct 26, 2012 1:40 am    Post subject: Yen in 2013 Reply with quote

Ok, so as I am sure many are aware, the yen is doing awesome against the greenback. My question for those who are on the ground and can maybe gauge the next year's economy in Japan, think that this trend will continue and yield higher highs than 2012?
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Almond_Lover



Joined: 11 Oct 2012
Posts: 35

PostPosted: Fri Oct 26, 2012 2:57 am    Post subject: Reply with quote

I hope so as I owe my college an arm, a leg, and a firstborn.
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Abdullah the Enforcer



Joined: 26 Aug 2012
Posts: 42
Location: In a hole

PostPosted: Fri Oct 26, 2012 3:31 am    Post subject: Reply with quote

Almond_Lover wrote:
I hope so as I owe my college an arm, a leg, and a firstborn.


Abdulla wonder: Indefinite article with "first born"? Seriously?
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Almond_Lover



Joined: 11 Oct 2012
Posts: 35

PostPosted: Fri Oct 26, 2012 3:35 am    Post subject: Reply with quote

Abdullah the Enforcer wrote:
Almond_Lover wrote:
I hope so as I owe my college an arm, a leg, and a firstborn.


Abdulla wonder: Indefinite article with "first born"? Seriously?


It's metaphorical speech, Captain Grammar.
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Abdullah the Enforcer



Joined: 26 Aug 2012
Posts: 42
Location: In a hole

PostPosted: Fri Oct 26, 2012 3:41 am    Post subject: Reply with quote

Almond_Lover wrote:
Abdullah the Enforcer wrote:
Almond_Lover wrote:
I hope so as I owe my college an arm, a leg, and a firstborn.


Abdulla wonder: Indefinite article with "first born"? Seriously?


It's metaphorical speech, Captain Grammar.


It's rhetorical posting, Major Payne.
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Pitarou



Joined: 16 Nov 2009
Posts: 1015
Location: Narita, Japan

PostPosted: Fri Oct 26, 2012 3:42 am    Post subject: Reply with quote

Abdullah the Enforcer wrote:
Almond_Lover wrote:
I hope so as I owe my college an arm, a leg, and a firstborn.

Abdulla wonder: Indefinite article with "first born"? Seriously?

I really don't understand what's going on with your posts.

And "a firstborn" makes perfect sense in this context.
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Almond_Lover



Joined: 11 Oct 2012
Posts: 35

PostPosted: Fri Oct 26, 2012 3:48 am    Post subject: Reply with quote

I can just imagine Abdullah's students when they make a mistake.


"Seriously, Yuki, SERIOUSLY?!"
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Pitarou



Joined: 16 Nov 2009
Posts: 1015
Location: Narita, Japan

PostPosted: Fri Oct 26, 2012 4:13 am    Post subject: Reply with quote

By the way, in answer to the original question:

I have a degree in Economics. I am therefore qualified to tell you, with absolute certainty, that your guess is as good as mine.
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Glenski



Joined: 15 Jan 2003
Posts: 12844
Location: Hokkaido, JAPAN

PostPosted: Fri Oct 26, 2012 4:24 am    Post subject: Re: Yen in 2013 Reply with quote

Argofoto wrote:
My question for those who are on the ground and can maybe gauge the next year's economy in Japan,
If you can actually do that, you might want to get a job with the Japanese Ministry.

Sorry, my crystal ball is broken. I doubt anyone can seriously answer your question.
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marley'sghost



Joined: 04 Oct 2010
Posts: 132

PostPosted: Fri Oct 26, 2012 7:05 am    Post subject: Reply with quote

Pitarou wrote:
By the way, in answer to the original question:

I have a degree in Economics. I am therefore qualified to tell you, with absolute certainty, that your guess is as good as mine.

A humble economist. That is refreshing.
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Abdullah the Enforcer



Joined: 26 Aug 2012
Posts: 42
Location: In a hole

PostPosted: Fri Oct 26, 2012 3:09 pm    Post subject: Reply with quote

[quote="Pitarou"]
Abdullah the Enforcer wrote:

I really don't understand what's going on with your posts.


= You got some 'splainin' to do, Abdullah!

Abdullah has a yen for yen. Clear now, economically speaking.?
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Mr_Monkey



Joined: 11 Mar 2009
Posts: 661
Location: Kyuuuuuushuuuuuuu

PostPosted: Fri Oct 26, 2012 4:03 pm    Post subject: Reply with quote

Abdullah talks bollocks and should stop.
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timothypfox



Joined: 20 Feb 2008
Posts: 369

PostPosted: Fri Oct 26, 2012 11:09 pm    Post subject: Reply with quote

Ok. "Ha ha ha." Serious answers for a serious question anyone?
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funkyging



Joined: 06 Jan 2011
Posts: 45

PostPosted: Sat Oct 27, 2012 12:05 am    Post subject: Reply with quote

When it comes to predicting money changes in the market, with a overwhelming number of contributing factors its really impossible to predict so far in advance. Hell, predicting what the rate will be in 2 weeks is sketchy at best.

my advice is to not even think about it, =)
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Pitarou



Joined: 16 Nov 2009
Posts: 1015
Location: Narita, Japan

PostPosted: Sat Oct 27, 2012 3:43 am    Post subject: Reply with quote

timothypfox wrote:
Ok. "Ha ha ha." Serious answers for a serious question anyone?

My answer was entirely serious. I do have a degree in Economics. My answer really is the best possible one. Anyone who makes the kinds of predictions the original questioner was asking for is a fool or a liar.

Even the best, most sophisticated, successful currency speculators are, in principle, no different from card counters at casinos. If you asked a card counter, "Should I put all my money on this next card?" how do you think they would answer?

Don't even think about playing the markets, unless you're in the mood for gambling. Start thinking about minimising your risks.

My strategy is very simple: keep some of my savings in my home country's currency, and some in Japanese Yen. If you need to do anything more sophisticated than that, you're asking the wrong forum.
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