I don't understand.

**good2bhappy** · 10-10-2008, 10:17 AM

Aus economy is not sounding good, being talked down by all these wankalists.
I still feel the fundementals are sound it is just a matter of confidence and the banks are fucked and won't lend money.

**Jardine** · 10-10-2008, 10:39 AM

Thanks for asking the question jandajoy, it has been confusing me for ages. I was confindently predicting the baht would crash last Christmas and it still hasn't gone. It's completely killing me at the moment. If it keeps on like this I might even have to consider a move back to Edgebaston/Ladywood. Persish the though!

**jandajoy** · 10-10-2008, 10:43 AM

Originally Posted by Jardine

Edgebaston/Ladywood.

God, no. Anything but that.

**jandajoy** · 10-10-2008, 04:23 PM

So somebody explain in simple words "What the fuck is going on?" Please.

**benlovesnuk** · 10-10-2008, 06:54 PM

Interestingly though only by my observation at the bank, the dollar has been stable and a lot more consistent then i would say most other currencies over a period of 6 months or more (of course i can understand the obvious reasons behind this)! Dipping only by a few badt,however in comparison it seems that the pound has been enjoying a rather frenzied roller coaster, which is currently on a long plunge down like the pepsi max in black pool.

I hope for a speedy recovery something of say 68-69 otherwise, well otherwise i'll be really skint.........

!

**jandajoy** · 10-10-2008, 06:58 PM

The Aus dollar seems to be in free fall against the baht

**Scandinavian** · 10-10-2008, 07:11 PM

Same with the Swedish Krona vs THB, lost a lot the last 2-3 weeks.

**jandajoy** · 10-10-2008, 07:14 PM

Originally Posted by jandajoy

So somebody explain in simple words "What the fuck is going on?" Please.

Anyone know or is it all just flatulence?

**benlovesnuk** · 10-10-2008, 07:15 PM

In the hope that it has ridden out so long and so low, that in the upturn it really rockets as for me this would be ideal if the pound hit 70 badt on the up.........

i think however wishful thinking

quick get dorothy.................................

**panama hat** · 10-10-2008, 07:26 PM

Originally Posted by jandajoy

So somebody explain in simple words "What the fuck is going on?" Please.

Anyone know or is it all just flatulence?

One can only surmise that the BoT is, against logic, propping up the baht. If this is the case then they will suffer a kickback situation when reserves get low . . . and look like the Zimbo Dung

**jandajoy** · 10-10-2008, 07:52 PM

Soon I hope.

**jandajoy** · 10-10-2008, 08:35 PM

What time scale does any one care to predict?

**benlovesnuk** · 10-10-2008, 10:59 PM

I predict when hell freezes over, hell being america and freeze means recession!!!!!!!

**Loy Toy** · 10-10-2008, 11:12 PM

Gold, and its all got to do with gold.

Remember in 1997 when the ruling government come out and pleaded with everyone to pledge their gold and for the sake of Thailand.

Does anyone realize how much gold was donated?

Fuckin heaps and they spending it all now and to protect the baht,

The Aussie dollar has been fucked by investors hedging cheap local bank loans against capital purchases off shore. Again they didn't expect everyone would cash in so early and repay their principle.

**jandajoy** · 11-10-2008, 11:22 AM

Originally Posted by Loy Toy

Does anyone realize how much gold was donated? Fuckin heaps and they spending it all now and to protect the baht,

How much?

**jandajoy** · 14-10-2008, 08:14 PM

So it's all still madness and chaos, and I still don't understand. Sorry.

So the US and Europe bail out the banks and everything.

Thailands baht stays strong cos they're buying baht with 12 billion dollars of gold.

The Aussie dollar is still fckd. Doesn't Australia have any fokin gold?

**keda** · 14-10-2008, 09:32 PM

they mine the stuff, then sell it!

**jandajoy** · 14-10-2008, 09:34 PM

Bastards.

It's all mad. I seem to remember banks posting major profits in the last 6 months or so. I really am confused and I think I need a drink.

**Spiderman2008** · 15-10-2008, 01:11 AM

hi. i'm thai,
in my opinion, from tom yum gong crisis 1997, thailand full with cheap lands, cheap buildings, cheap factories, cheap banks etc. then american and european buy everything here (and cheap stocks too). it's mean USD is in thailand from 1997-2007 very very much. now 2008 subprime crisis USA and Euro need money then they sell everything they have in thailand to get money back to help their homeland, USD flow out from thailand then in early 2008 you will see 34-36 BTH/USD because less USD in Thailand make USD stronger and now they sold stocks out already around 50% inhands. when 4thQ 2008 - early 2009 come, stocks in their hands will be sold all but can't save banks then no one trust in USD and they don't have money to buy much things USD will be weak, we will see 28-32 BTH/USD. 80 years ago USA set new money system for the world by print money(USD) without anything to support USD (such gold), combodian in border area sold out USD to keep BTH now, china start to request asia money for selling products.

**Spiderman2008** · 15-10-2008, 03:26 PM

news from Bloomberg ==>> Australia, New Zealand Dollars Fall as Stocks, Commodities Drop

**Jesus Jones** · 15-10-2008, 03:52 PM

The banks will put out false claim that gold is dropping in price, the german banks were notorious for this. Basically the banks are shyting themsleves because there isn't much value in paper anymore, not at the moment and not for the near future anyway. Gold for 1000's of years has held it's own. Silver is also a very good investment at the moment too.

**tsicar** · 17-10-2008, 08:48 PM

Originally Posted by Spiderman2008

hi. i'm thai,

you back again, prick?
thought you were still waiting for porice to cum close down the "pervert forum"

**jandajoy** · 17-10-2008, 10:56 PM

Spiderman2008

Anybody worked out who this is?

**Spiderman2008** · 18-10-2008, 07:20 PM

Originally Posted by tsicar

Originally Posted by Spiderman2008

hi. i'm thai,

you back again, prick?
thought you were still waiting for porice to cum close down the "pervert forum"

sure , i were still waiting. i printed that "pervert forum" in pdf file to police, to RS promotion co., and to poor victim's parents. not kidding, not joke, it's fact.

**jandajoy** · 19-10-2008, 05:45 PM

Originally Posted by Spiderman2008

sure , i were still waiting. i printed that "pervert forum" in pdf file to police, to RS promotion co., and to poor victim's parents. not kidding, not joke, it's fact.

You're a very odd chap aren't you?

Thread: I don't understand.

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