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jvalmer
Joined: 06 Jun 2003
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 Posted: Wed Nov 19, 2014 8:05 pm Post subject: |
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| Weigookin74 wrote: |
| the Canadian dollar is going down |
Thank god for this. The won is still good for me.  |
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jackson7
Joined: 01 Aug 2006
Location: Kim Jong Il's Future Fireball
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| Posted: Wed Nov 19, 2014 8:49 pm Post subject: |
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These threads, like most on Dave's, occur quite predictably, and cyclically. Take a quick peak at historical data and foreign exchange analysis regarding the won against the American dollar:
10 years: http://www.xe.com/currencycharts/?from=USD}&to=KRW&view=10Y
5 years: http://www.xe.com/currencycharts/?from=USD}&to=KRW&view=5Y
In general, a downward (stronger won) trend with peaks of intervention/North Korean madness/policy change. Most international institutions have been writing that the won has been severely undervalued. I think there are few economists with advanced degrees on this board that are actually working in their field, and could offer us a better understanding, but knowing Dave's, it would be shot down pretty darn quick, or lost within the muck and flaming.
J7 |
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GENO123
Joined: 28 Jan 2010
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| Posted: Wed Nov 19, 2014 9:37 pm Post subject: |
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Q what will Korea do when a a Lexus is cheaper than a KIA? This is n not about North Korea. This is about Japan.
Hope big Korean universities end up bleeding when this is all said and done.
Last edited by GENO123 on Wed Nov 19, 2014 9:42 pm; edited 1 time in total |
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jackson7
Joined: 01 Aug 2006
Location: Kim Jong Il's Future Fireball
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| Posted: Wed Nov 19, 2014 9:42 pm Post subject: |
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| GENO backs up the consensus that he's an out-of-touch nutter that believe his own conspiracy theories over fact. Keepin' in classy, G. Stay ignorant! |
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GENO123
Joined: 28 Jan 2010
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| Posted: Wed Nov 19, 2014 9:45 pm Post subject: |
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The other consensus is that Jackson7 is an apologist, propagandist and an excuse maker of the very worst sort for big famous Korean universities .
I will take that deal . How about you?
| Quote: |
Posted: Thu Oct 09, 2014 7:32 pm Post subject: Where is the won headed Reply with quote Edit/Delete this post Report Post
Predictions
1200 to the dollar |
| Quote: |
Sat Sep 27, 2014 7:16 pm
ESL in Korea is broken. The upcoming devaluation of the won ( just look across the pond ) should not be considered the icing on the cake because esl in Korea pretty much already went bust even before. Korea= low salary. |
http://forums.eslcafe.com/korea/viewtopic.php?t=234142&postdays=0&postorder=asc&start=15
Yep out of touch.
By the way if you had any class whatsoever you would admit that I was right.
| Quote: |
| Societe Generale's notoriously bearish strategist, Albert Edwards, believes the Japanese currency will sink to 145 yen against the U.S. dollar by the end of March, forcing devaluations across the Asian region and sending a "tidal wave" of deflation towards the West. |
By the way got another deal for you Jackson7 I will accept that I am ignorant (and out of my mind ) IF you accept that you are arrogant (and dishonest ) . How about it?
Last edited by GENO123 on Wed Nov 19, 2014 10:06 pm; edited 6 times in total |
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trueblue
Joined: 15 Jun 2014
Location: In between the lines
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| Posted: Wed Nov 19, 2014 9:51 pm Post subject: |
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| Probably be at 1200-1300 by 2015 |
Would anyone leave if it went beyond that?
Due to the exchange rate now, I'm loosing a bit over $200 U.S. a month. |
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Stan Rogers
Joined: 20 Aug 2010
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| Posted: Wed Nov 19, 2014 9:53 pm Post subject: |
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| How low does it have to get before you quit? |
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Stan Rogers
Joined: 20 Aug 2010
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| Posted: Wed Nov 19, 2014 9:55 pm Post subject: |
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| jvalmer wrote: |
| Weigookin74 wrote: |
| the Canadian dollar is going down |
Thank god for this. The won is still good for me. |
Cash buying CDN dollar is over 1000 won now.
How bad does it have to get before you leave? |
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trueblue
Joined: 15 Jun 2014
Location: In between the lines
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| Posted: Wed Nov 19, 2014 10:01 pm Post subject: |
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| Quote: |
| How low does it have to get before you quit |
...shall have to wait and see.
Honestly, if it gets to a point where I am only making $1500-$1600 U.S. a month, than the matter will have to be taken into high consideration. |
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jackson7
Joined: 01 Aug 2006
Location: Kim Jong Il's Future Fireball
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| Posted: Wed Nov 19, 2014 10:03 pm Post subject: |
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GENO -- you've built your rep through multiple threads addressing "big famous Korean universities' problems" with nothing but misinformation and speculation, and here you are again, doing the same thing. You've been picked apart on other threads, whereas most have simply decided to ignore your ignorant vitriol. Enjoy a life of underachieving and attacking the system that will always seem stacked against you. Here's a prediction: the Korean won will get weaker and stronger over time, but you'll always be a troll.
J7 |
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GENO123
Joined: 28 Jan 2010
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| Posted: Wed Nov 19, 2014 10:12 pm Post subject: |
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| jackson7 wrote: |
GENO -- you've built your rep through multiple threads addressing "big famous Korean universities' problems" with nothing but misinformation and speculation, and here you are again, doing the same thing. You've been picked apart on other threads, whereas most have simply decided to ignore your ignorant vitriol. Enjoy a life of underachieving and attacking the system that will always seem stacked against you. Here's a prediction: the Korean won will get weaker and stronger over time, but you'll always be a troll.
J7 |
Just as you have built your rep as an apologist and propagandist and excuse maker for big famous Korean universities with just about every post you make . My numbers are correct your numbers are disinformation. Who took my posts down? Certainly not you.You just aren't good enough.
What is your time frame for the won?
Here is my prediction the Korean won will get a lot weaker and you will continue to be a source of misinformation and disinformation without a touch of class till the end . That is even worse than being a troll.
Last edited by GENO123 on Wed Nov 19, 2014 10:27 pm; edited 5 times in total |
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trueblue
Joined: 15 Jun 2014
Location: In between the lines
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jvalmer
Joined: 06 Jun 2003
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| Posted: Wed Nov 19, 2014 10:27 pm Post subject: |
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| Stan Rogers wrote: |
| jvalmer wrote: |
| Weigookin74 wrote: |
| the Canadian dollar is going down |
Thank god for this. The won is still good for me. |
Cash buying CDN dollar is over 1000 won now.
How bad does it have to get before you leave? |
A few months ago I got $1.10/won. The worst I've seen it was like 95cents/won. But now it's about even. But both the CAD and won are sinking. |
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basic69isokay
Joined: 28 Sep 2014
Location: korea
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| Posted: Wed Nov 19, 2014 10:41 pm Post subject: |
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http://english.yonhapnews.co.kr/business/2014/11/20/37/0501000000AEN20141120004900320F.html
15-month low today.
If this continues, it only makes China look more attractive. Their currency has steadily risen to about 6rmb/USD.
If the Korean currency totally tanks, say 1500/USD like in 2008-9, I'd say just move to China for a couple years, earn money, the come back to Korea and get a huge amount of won for your RMB.
Both working in Korea and Japan are effed as far as currency is concerned.
I guess if you're here forever, with no obligations back home, it wouldn't matter. But for the rest of us....... |
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GENO123
Joined: 28 Jan 2010
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| Posted: Wed Nov 19, 2014 11:09 pm Post subject: |
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| jackson7 wrote: |
These threads, like most on Dave's, occur quite predictably, and cyclically. Take a quick peak at historical data and foreign exchange analysis regarding the won against the American dollar:
10 years: http://www.xe.com/currencycharts/?from=USD}&to=KRW&view=10Y
5 years: http://www.xe.com/currencycharts/?from=USD}&to=KRW&view=5Y
In general, a downward (stronger won) trend with peaks of intervention/North Korean madness/policy change. Most international institutions have been writing that the won has been severely undervalued. I think there are few economists with advanced degrees on this board that are actually working in their field, and could offer us a better understanding, but knowing Dave's, it would be shot down pretty darn quick, or lost within the muck and flaming.
J7 |
What a way to say absolutely nothing. Jackson7 in now in with the currency experts. But he wwont post cause they will get flamed. Yeah right. Just double talk. Watch this conversation end right now.
How can thw won be getting stronger/ upward trend with the yen in a death spiral? This conversation is finished. J7 will not be back cause he has nothing to answer with. |
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