The ZAR Exchange Rate Thread

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PeterCH said:
I very much seriously doubt the Japanese will do that for both internal and external reasons. China - has lots of $$$ supposedly and they wouldn't want to devalue what they currently have either.
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I agree. Neither China nor Japan would like to see their reserves devalue. However, it might be smaller economies that could tip the scales against the dollar. Once a smaller though significant economy, like South Korea for example, dumps the dollar, the still unsold US Treasuries in the asset column of central banks of other countries will collapse. In the stampede to get out everybody will get hurt.
 
Skinner said:
A football club? Good idea, I'll go look for one to invest in! :cool:
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lol, skinner you fail :D

You have no Wads of Euros. Should I show the people who you are ? The real skinner :D. Mr I'm a rich investor traveling the world ? :D

Sorry mate, you got PWNED :p

Owned, internet investigation style. Now pls if you want to stay anonymous I would suggest you stop this stupid show of yours :rolleyes:
 
Pitbull said:
He's talking crap. He's a broke home sick man :D

Unless he can prove it... which he can't. Unless he owns a football club :D
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Yes, don't fall for his bull. If he had the kind of money he keeps hinting at, he would not be wasting his time on these forums but would be caught up in meetings with his brokers trying to find a safe haven for his money.
 
Football clubs in the UK owe about 3 billion pounds so it would probably be the worst place to invest money right now. Oh, I forgot, it's easy if you tighten your belt.
 
Hosehead said:
Outside of the US, China and Japan apparantly hold the most in USD reserves.
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Japan the world's largest creditor nation with overseas assets of $5.9 trillion. China has about $1 trillion and Persian Gulf sovereign wealth funds belonging to Kuwait, Qatar, Saudi Arabia and the United Arab Emirates have about $1.5 trillion. I'm sure these amounts are fairly diversified.
 
I wonder if Skinner's German cellphone number that I have of him still works....*evil grin*
 
Eh? What is all this crap?? I post my reasoning for deciding on whether to convert forex currency, and my credibility is questioned based on an assumption that I have no money to transact. I give a rough estimate of the amount I intent to transact, and now all sorts of privacy BS pops up, with threats of "exposing" me, requests for me to provide my private telephone numbers, and other childish pranks. If you have an issue with me - or want to play games - take it offline and send me a private message. Or grow up!

And that is my last say on this. Finish.
 
Skinner said:
Eh? What is all this crap?? I post my reasoning for deciding on whether to convert forex currency, and my credibility is questioned based on an assumption that I have no money to transact. I give a rough estimate of the amount I intent to transact, and now all sorts of privacy BS pops up, with threats of "exposing" me, requests for me to provide my private telephone numbers, and other childish pranks. If you have an issue with me - or want to play games - take it offline and send me a private message. Or grow up!

And that is my last say on this. Finish.
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So, how long have you worked abroad?
 
Charl, when I met you on the brekkie run to Cullinan (2006, remember...?) I actually gave you the benefit of the doubt, you seemed like an ok oke. But hell you can be a completely different thing when you're behind a keyboard. I would honestly suggest to seek professional advice, it's not healthy.

And that is my last say on this. Finish ;)
 
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