Hey, hey, Whipped! Only I serve out the deprecating stuff here! :mad: ;) :pQuote:
Originally Posted by k.wong23
I'm very surprised, hopefully it continues.
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Hey, hey, Whipped! Only I serve out the deprecating stuff here! :mad: ;) :pQuote:
Originally Posted by k.wong23
I'm very surprised, hopefully it continues.
71c :D
gogogogo 85
The AUD needs a cheer squad!
http://i6.photobucket.com/albums/y22...ar_collage.jpg
You can do it Dollar, You can do it DollarQuote:
Originally Posted by GoktimusPrime
Get to 85c, so you can go much fartha
Good. If this trend continues I may continue importing G1s.
The irony of all this I find is that no one truly has an idea where the AUD is going. Lots of speculation by experts but no one ever really knows. It's a nice little blessing and hopefully it stays there. This was about the rate I was buying at when I first started out so I'm pretty comfortable with it though not as happy.
Well if I could accurately predict the future I would stop working and play Lotto, Powerball and TAB every week and amass the world's biggest TF collection in a mansion shaped like Iacon. :DQuote:
Originally Posted by STL
Been overseas for a month now and just checked out www.xe.com ...we're back up to 0.72c for every usd! 10c more than when I left Melbourne. Hopefully when I get back it will miraculously return to it's former 0.95c value.
Haha!Quote:
Originally Posted by canofwhoopass_87
Pull the othere leg will ya
Yeah... I'll be happy if the AUD returns to 76-80USc. Compared the the behemoth that is the United States economy, even in recession, the Australian economy just isn't worth 95USc
OMG i just paid for my MP GRIMLOCK Pre-Order.
$240 AUD Inc shipping to Perth! :eek:Paypall gave me 0.63c for the AUD.
I'm feel sick......MP Grimlock is officially the most expensive TOY (Including Macross!) that I have ever purchased. At least thats my whole years acquistitions done! :D
The AUD is sliding like a freefalling, greased housebrick. I blame the dam AUS media. They got everyone too scared to buy a coffee in the morning.
Side note;
*Sigh* I suppose fear keeps the masses compliant. Terrorists, Religion, Sex Offender's, Video Games, Sharks, and the Financial Crisis.
Be scared people, or the media advertisers won't have a market.
Yeah I was pretty shocked too when a couple of Galvatron accessories that I ordered ended up being AU$65 in total!
I'd guess you weren't buying toys from Japan 6 or so years ago when things were much the same. Sigh!Quote:
Originally Posted by Hereticpoo
It is weird. The AU$ was climbing slowly up to US72c, and then this week it just dropped down to US66c, and expected to drop further before recovering middle of the year. Since the dollar can gain or loose that much in a short space of time, and has done so a few times in the last few months, I think it is foolish for economists to try to predict where it will be at any future time. Even I was expecting that it would at least hold itself in the US70c bracket for a while, but the 10% loss in the last week has me lost as to its direction (which helps decide when best to import toys).
:confused:I thought we had a pretty strong economy:confused:, why does our dollar go down everytime the U.S economy is up the duff?? Surely if you have the economy that is performing better you should have the steadier currency:confused:. This has never ever made any sense to me and you can say whatever you want until the cows come home, you still wouldn't be able to convince me that it will ever make any sense:confused::confused:.
*crying like a baby*
When i first started buying TF's just before Takara started releasing the TFC series and 3000 yen was about 60-65 bucks a pop and that was from HLJ which was much cheaper than BBTS or some other place from the states.
It depends on what your currency is based on.Quote:
Originally Posted by 1orion2many
As Australia's is a commodity-based economy, and commodities tend to be very volatile, any time there is economic volatility it hits our currency quite hard.
The Yen and the US$ are perceived as being more stable, "safe harbour" currencies, as their economies are less inherently volatile. For the US this is mainly due to the chicanery that went on at the Bretton Woods conference after the Great Depression, where the US essentially set things up so they could just keep printing and borrowing money and no-one would ever call in the debts.
http://www.majhost.com/gallery/jimme...tergriffin.gifQuote:
Originally Posted by Hereticpoo
I am under the impression that the Japanese Yen is a very safe and strong because they have a very self reliant economyQuote:
Originally Posted by SofaMan
That's true I think, though like America they have yet to come up with a concrete plan to save the country from recession.Quote:
Originally Posted by Golden Phoenix
And yes this is like the old days when stuff from Japan, and also Amercia for that matter was like luxury goods for us Aussies, for a while there the luxury goods were cheaper than our regular local ones, but alas nothing lasts forever.
Their economy is also heavily reliant on exports which are suffering under the inflated yen.
The good news is that the dollar has been making its way back overnight (if slowly). I am waiting to see what happens tomorrow before I make payment on an ebay auction I won yesterday.
The Japanese have to import everything to then manufacture it into items. They are very very dependant on imports and would collapse without them. Self reliant is a joke phrase to use with them. Heck, they even ran out of butter of all things last year.Quote:
Originally Posted by Golden Phoenix
The strongness of the yen is unsustainable under current government practices.
http://en.wikipedia.org/wiki/Japanes...t_price_bubble
As for us, it's all media driven. I'm at the "gates" to retail and building every day and there is no shortage of spending going on at all. People are buying more than ever.
Yeah I heard the Japanese government was pushing a plant to lower the value of the Yen as part of thier economy resuce plan, but there's be no concensus just like America and most of the world for matter. Everyone says something has to be done but no one can agree on what.
The Japanese economy is strong because suckers like us sell them raw materials which they manufacture into finished products and sell back to us at multiple times the value of the materials that the bought! :p :D The Australian economy is too reliant on primary industries IMHO.Quote:
Originally Posted by MV75
Ah. Thanks.Quote:
Originally Posted by MV75
Funny that they ran out of butter.
Saw this and couldn't stop laughing
http://graphjam.files.wordpress.com/...-of-toilet.gif
Their economy is not strong, an economy based economy is doomed to failure. They don't produce anything without the reliance upon imports. We produce materials/goods that the world needs, japan doesn't. Having a primary industry that you can sell to the world without reliance upon that world to produce the materials/goods is a great thing.Quote:
Originally Posted by GoktimusPrime
Also, we are the world leaders at alternative energy research amongst other intellectual properties in the medical fields. Just a shame they sell out to the californians.
Plus we have a strong service based side to our economy as well.
Either way, China/India is the future.
Golden Phoenix: There's something I'd like to say, but I'd be violating the board rule about no political discussions. :p
MV75: But investors perceive it as a strong economy and reliable currency and that's enough to keep pumping the value of the JPY, even if it's not really "worth it."
That's pretty much what I'm saying is the weakness of our economy - we keep letting foreigners take our profits. (-_-)Quote:
Originally Posted by MV75
PM me if you want.Quote:
Originally Posted by GoktimusPrime
If it is a problem, I do say a lot of things in jest, so if I offended you, or anyone, I'm sorry. Just ask and I'll remove whatever it is. I won't take it personally
If it is a joke, I'm always up for a laugh
Have to completely disagree with you. I have friends who are accountants for the top accountancy firms in Australia. Their figures reveal the truth. I agree that the media does create a frenzy but it's naive to think that at this point there are more people buying than ever. Retail sales will be hit very hard in coming months and given the worse is still to come, there will be a nasty vicious cycle that will take its toll on the economy.Quote:
Originally Posted by MV75
With more rate cuts, that makes me expect the AUD to drop a bit more. I'm not sure how much but if we reach US rate levels, our AUD could flop a great deal.
1 $AUS = almost 63 (62.8) Yen atm... best I've seen it in months.
Either us Ozzies are getting lucky here or the Japanese economy is going Titanic even faster than ours...
The Yen is skydiving without a parachute at the moment, lowest it's been in a quarter of a century and it's not looking good for them in the short time.Quote:
Originally Posted by Ode to a Grasshopper
The JP Yen is making me smile :)
Japanese exports are down 46% this year. News
Although the drop in the yen is good news to us importers I wouldn't necessarily got to chirpy over their deteriorating economy, TAKARA merged with rival TOMY a few years ago due to shared financial strains.
Our dollar is currently at a five+ year low... :(
Our dollar has managed to crawl its way back up to 70 US cents today, the last time that happened was January 7th and then it dropped back to the early 60s, overnight I might add. :rolleyes: Stupid thing better maintain itself this time.
Also to note is that the current rate of exchange between us to the Pound is 0.4751 which is rather good, and that against the Yen (for those in the Grimlock orders) it is now up to 67.08 and when I put through my case order it was only 63, so shipping shouldn't be too bad :D
SHHHH. Don't jinx usQuote:
Originally Posted by Adzma
Yippie! Hope it keeps crawling its way back up! :D
Ode: the Japanese economy's been going down the crapper for quite some time. They're in one of their worst economic slumps in the past 7 years. In spite of this the Japanese Yen is still very strong because so many investors see it as a 'safe currency.' Bad news for Japanese exporters though who (along with us) would be praying for a fall in the JPY! :)
:( I know, I know, I have a few economist friends from uni who explained it to me a while back. Figured all those beautiful Henkei made it worth mentioning after ages of 59 JPY/AU$ though. On that note...
Almost 70 yen/dollar, woohoo!:D I wants me some Cyclonus luvvin'...