WOW, the peso continues to gain strength against the US$. Two months ago I was getting a bit over 11 to 1 at the banks and more than that black market. Last Wed I only got $10.65 and I am running low. Going to bank now and I bet it's less today, based on the bond market news. DAMN !!!!!!!
The peso is pretty much follwing the USD down the toilet. Don't know how long it will though. The Brits holidaying here must be having some big parties - 21.5:1 !
Well, maybe it is Drewbert but not quite as fast. If they were getting flushed at the same rate I could buy as many pesos as a few months ago. Maybe you could dig up some that you have buried and trade them for some US$. They would take up far less space in your yard.
Well, he never invites me over but I am told it has dog poo poo all over it. That's all I know for sure.
WHAT YARD? Drew has a pool and a enough room for a grill and a few drunken blokes to threaten to throw each other in said pool. Though I know he's got a big BIG dog who probably makes big BIG poops. There is a reason I put most of my money in British and European stocks a while ago. It was just a matter of time before everyone figured out that the US is an emperor with no clothes.
T.J., mind checking the price of a couple of shovels and a pick next time you go to The Home Depot plz?
The Weakness in the Dollar is a Mixed Blessing It stimulates U.S. exports (good): http://www.iht.com/articles/2007/05/13/business/dollar.php It could cause a weakness in dollar-denominated U.S. financial instruments (bad): http://www.ameinfo.com/85966.html If your're not invested in U.S. stocks and bonds, don't need to travel abroad, but like to see new job formation in the U.S., a lower dollar is an attractive thing.
