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GENO123
Joined: 28 Jan 2010
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Posted: Thu Oct 09, 2014 7:32 pm Post subject: Where is the won headed |
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Predictions
1200 to the dollar |
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KimchiNinja

Joined: 01 May 2012 Location: Gangnam
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Posted: Thu Oct 09, 2014 7:38 pm Post subject: Re: Where is the won headed |
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GENO123 wrote: |
Predictions
1200 to the dollar |
Any particular reason why? |
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GENO123
Joined: 28 Jan 2010
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Posted: Thu Oct 09, 2014 8:30 pm Post subject: |
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Follow the Yen. Will korean be ok when a Kia is more expensive than a Lexus?
Also follow the Euro.
Hint the US is the best horse in the glue factory |
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KimchiNinja

Joined: 01 May 2012 Location: Gangnam
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Posted: Thu Oct 09, 2014 8:39 pm Post subject: |
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GENO123 wrote: |
Hint the US is the best horse in the glue factory |
Well, I didn't understand what any of this meant... |
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yfb
Joined: 29 Jan 2009
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Posted: Thu Oct 09, 2014 9:57 pm Post subject: |
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South. |
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KimchiNinja

Joined: 01 May 2012 Location: Gangnam
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Posted: Thu Oct 09, 2014 10:01 pm Post subject: |
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If we assume "South" means down...then the US/KR spot rate goes down, or the KR/US rate goes down, or what? And why? |
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GENO123
Joined: 28 Jan 2010
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Posted: Thu Oct 09, 2014 10:03 pm Post subject: |
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Where is the yen headed? The US is bankrupt but Japan and the EU are in far worse condition.
If the Yen falls Korea will have no choice but to devalue their currency.
Japan is still printing money
As much as the us though their economy is smaller indeed the U S is set to stop |
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KimchiNinja

Joined: 01 May 2012 Location: Gangnam
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Posted: Thu Oct 09, 2014 10:10 pm Post subject: |
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Currency markets are complex, and manipulated, I try to not speculate on these things. |
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basic69isokay
Joined: 28 Sep 2014 Location: korea
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Posted: Fri Oct 10, 2014 1:18 am Post subject: |
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Depends.
In the long run, its undervalued. Purposely so, to help exports.
In the long run, 800-900 is inevitable.
But this year, next year? Probably hover around 1100 |
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GENO123
Joined: 28 Jan 2010
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Posted: Fri Oct 10, 2014 1:38 am Post subject: |
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Keep an eye on the Yen the Euro and demographics. |
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GENO123
Joined: 28 Jan 2010
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Posted: Thu Oct 30, 2014 11:56 pm Post subject: |
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Burn baby burn disco inferno. |
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KimchiNinja

Joined: 01 May 2012 Location: Gangnam
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GENO123
Joined: 28 Jan 2010
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Posted: Fri Oct 31, 2014 12:29 am Post subject: |
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Look to the east the wave hasnt hitwhen it does it will reduce the 375 you say you got to rubble. Lexus or kia qhich is more expensive and for how long the won just got weaker as u posted |
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nicwr2002
Joined: 17 Aug 2011
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Posted: Fri Oct 31, 2014 12:42 am Post subject: |
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I guess we all better be stock piling gold and precious stones because paper money will be worthless in the future. |
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KimchiNinja

Joined: 01 May 2012 Location: Gangnam
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Posted: Fri Oct 31, 2014 1:02 am Post subject: |
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GENO123 wrote: |
Look to the east the wave hasnt hitwhen it does it will reduce the 375 you say you got to rubble. Lexus or kia qhich is more expensive and for how long the won just got weaker as u posted |
LOL, I really wonder if you were one of the foreigners caught smoking dope.
Can we at least type slowly using proper punctuation and spelling? I thought most people here were English teachers? |
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