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Reggie
Joined: 21 Sep 2009
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Posted: Sun Oct 30, 2011 7:25 am Post subject: |
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| tran.huongthu wrote: |
| T-J wrote: |
There is no such thing as a uniquely (insert country / region) problem when discussing economics these days. The butterfly effect is evident daily.
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So true.
Also I keep reading about how no asset class is safe these days (AAPL disappointed, gold has tanked recently, bond bubble, etc.) and that high volatility is the new norm. Anyone trading VIX these days? |
I feel like gold is safe because these countries aren't going to stop debasing their currencies.
It's good to have pullbacks like the one we've had, because it's an opportunity to buy it cheaper. Even though there are just two more months in 2011, I wouldn't be surprised if gold takes out the 2,200,000 won level by the end of this year. The EU just said it's going to print massive amounts of money and you know Korea will too. |
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The Floating World
Joined: 01 Oct 2011 Location: Here
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Posted: Sun Oct 30, 2011 8:09 am Post subject: |
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562 pounds for a million won. Have never seen it dip below 540gbp per million won since 2003.
Must be because the pound tanks at the same time as the won or something. |
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Freakstar
Joined: 29 Jun 2007
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Posted: Sun Oct 30, 2011 3:29 pm Post subject: |
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| I'm happy that the won is gaining strength. I just saved over $3000 by waiting til the end of the month to wire money. |
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chotaerang
Joined: 23 Mar 2004 Location: In the gym
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Posted: Mon Oct 31, 2011 10:36 pm Post subject: |
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| Freakstar wrote: |
| I'm happy that the won is gaining strength. I just saved over $3000 by waiting til the end of the month to wire money. |
Smiles gleefully. Go won go. |
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World Traveler
Joined: 29 May 2009
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Posted: Tue Nov 01, 2011 12:05 am Post subject: |
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| It's going back down again. Did you see? |
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madowlspeaks
Joined: 07 Dec 2006 Location: Somewhere in time and space
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Posted: Tue Nov 01, 2011 4:21 am Post subject: |
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| World Traveler wrote: |
| It's going back down again. Did you see? |
Yes saw. And was waiting for a steady increase. Dang!!!!!! Why oh why didn't I send last week. Grrrrr |
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tran.huongthu
Joined: 23 May 2011
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Posted: Tue Nov 01, 2011 4:25 am Post subject: |
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| World Traveler wrote: |
| It's going back down again. Did you see? |
Always sell the won. Words to truly live by. |
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madowlspeaks
Joined: 07 Dec 2006 Location: Somewhere in time and space
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Posted: Mon Nov 28, 2011 5:31 pm Post subject: |
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| I'm sick of this rollercoaster and want to get off. |
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KingMomo
Joined: 25 Aug 2011 Location: Here and there
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Posted: Mon Nov 28, 2011 6:27 pm Post subject: |
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| tran.huongthu wrote: |
| World Traveler wrote: |
| It's going back down again. Did you see? |
Always sell the won. Words to truly live by. |
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Draz

Joined: 27 Jun 2007 Location: Land of Morning Clam
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Posted: Tue Nov 29, 2011 11:16 pm Post subject: |
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| madowlspeaks wrote: |
| I'm sick of this rollercoaster and want to get off. |
Four more paychecks and I'm done worrying about this crappy currency.
Edit: Hey, it's pretty all right at the moment. 1000 won = 90 cents CAD. I've done worse. I'm sending everything I have now home tomorrow. |
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