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Old 04-06-2011, 10:02 AM   #1
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:mad OMG, the US$ SUCKS !!!!

just lost around $140 on $2500
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Old 04-06-2011, 10:03 AM   #2
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true... better grab some euros...
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Old 04-06-2011, 10:05 AM   #3
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haha I know. I've been sitting on some CCBill checks since mid-Jan hoping for a drop.
I'm set to lose about $200 right now.

I'm in the process of setting up a US$ acct to minimize the loss as much as I can
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Old 04-06-2011, 10:12 AM   #4
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Yes i also have some things on hold,if i do exchange now i could lose up to 1500$.But there is a chance how dollar will keep dropping so doing exchange now might save me some money later.
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Old 04-06-2011, 10:15 AM   #5
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OoooOOoooh this is bad news.


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Old 04-06-2011, 10:16 AM   #6
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haha I know. I've been sitting on some CCBill checks since mid-Jan hoping for a drop.
I'm set to lose about $200 right now.

I'm in the process of setting up a US$ acct to minimize the loss as much as I can
Not sure how long ccbill checks are valid but a lot of programs only do 90 days, you might want to look at the checks to be sure.

The US $ really does suck though.
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Old 04-06-2011, 10:19 AM   #7
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if you are with td you can get their US borderless account, gives you about an extra cent per dollar over their regular rate.
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Old 04-06-2011, 10:19 AM   #8
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Took a pretty good dive today.
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Old 04-06-2011, 10:20 AM   #9
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Trust me I feel your pain... Stupid US dollar worth shit when you transfer it in Canadian money after... <sigh>
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Old 04-06-2011, 10:21 AM   #10
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Yeah the US$ really sucks
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Old 04-06-2011, 10:21 AM   #11
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Old 04-06-2011, 10:23 AM   #12
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The USD is going WAY WAY WAY lower guys. This place is going to be like Argentina circa 2002.
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Old 04-06-2011, 10:23 AM   #13
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Also in case someone wonder why us dollars going to shitter,it is because of Libya War,which causing oil price to go up.Even Libya have only 2% of overall world oil and USA dont buy it at all,it still affect oil price and for some reason every time when oil price goes up dollar value goes down.Just remember record price of oil barrell which was 150$ if i am not wrong in 2008.
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Old 04-06-2011, 10:25 AM   #14
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Not sure how long ccbill checks are valid but a lot of programs only do 90 days, you might want to look at the checks to be sure.

The US $ really does suck though.
YUP, you have to watch the cheques dont get stale dated I do Have the TD Borderless Acct , but this was taken off Paxum, not their fault, but it's a pretty good fucking
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Old 04-06-2011, 10:25 AM   #15
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bad news...
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Old 04-06-2011, 10:26 AM   #16
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Also in case someone wonder why us dollars going to shitter,it is because of Libya War,which causing oil price to go up.Even Libya have only 2% of overall world oil and USA dont buy it at all,it still affect oil price and for some reason every time when oil price goes up dollar value goes down.Just remember record price of oil barrell which was 150$ if i am not wrong in 2008.
thats not exactly true. I am sure its not helping but the powers that be have been driving the dollar down for some time.
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Old 04-06-2011, 10:26 AM   #17
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Old 04-06-2011, 10:27 AM   #18
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The USD is going WAY WAY WAY lower guys. This place is going to be like Argentina circa 2002.
how long are people going to say this? 10..20 years now, maybe even 30 or 40? Its not gonna happen. It won't be allowed to happen.
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Old 04-06-2011, 10:30 AM   #19
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all currency sucks like euro too
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Old 04-06-2011, 10:32 AM   #20
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thats not exactly true. I am sure its not helping but the powers that be have been driving the dollar down for some time.
It is true,i monitor Us dollar value every day
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Old 04-06-2011, 10:33 AM   #21
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Old 04-06-2011, 10:34 AM   #22
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how long are people going to say this? 10..20 years now, maybe even 30 or 40? Its not gonna happen. It won't be allowed to happen.
Pretty much this.
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Old 04-06-2011, 10:35 AM   #23
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Zimbabwe Ben will continue to put pressure on the dollar. I wouldn't expect it to get better anytime soon.
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Old 04-06-2011, 10:37 AM   #24
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haha I know. I've been sitting on some CCBill checks since mid-Jan hoping for a drop.
I'm set to lose about $200 right now.

I'm in the process of setting up a US$ acct to minimize the loss as much as I can
Why not just go to your bank and ask them to set up a USD savings account for you? Then you don't have to "sit on cheques", just deposit them and at least accrue intrest while you wait for the dollar to go back up.

Like someone already said, many of those sponsor cheques are only valid for 90 days.

I've had a US account at every bank I've ever dealt with. The one I have now is at Scotiabank, no charge for depositing cheques.
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Old 04-06-2011, 10:40 AM   #25
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$1 USD = $1.042 CAD.

Well, isn't that neat. Whoever owns a business on a border town with Canada is probably quite happy right now.
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Old 04-06-2011, 10:41 AM   #26
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im sure they will force some major loans on a few countries soon..so it will stabilize
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Old 04-06-2011, 10:44 AM   #27
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just lost around $140 on $2500
dont you love the days when it was 1.55, now we lose money
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Old 04-06-2011, 10:48 AM   #28
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Just wait 48 hours until the government shuts down. I'm no economist, but I doubt that's going to help the USD very much.
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Old 04-06-2011, 10:51 AM   #29
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The USD sucks, its the worst it has been in the last 2 years!!! WTF YO MAMA OBAMA!!!?
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Old 04-06-2011, 10:57 AM   #30
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Bash the Fed!
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Old 04-06-2011, 10:58 AM   #31
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Yeah it is weak like shit and getting worse every day..
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Old 04-06-2011, 11:09 AM   #32
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US dollar is going to shit because we are living on credit as a country. We are getting to the point where we are having trouble making our interest payments on time. The rest of the world is just waiting for Rome to collapse so they can show us all a new language, religion and introduce us to a new way of living.
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Old 04-06-2011, 11:11 AM   #33
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i cant afford money...
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Old 04-06-2011, 11:14 AM   #34
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im sure they will force some major loans on a few countries soon..so it will stabilize
Libyan rebels need money!
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Old 04-06-2011, 11:35 AM   #35
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Old 04-06-2011, 11:38 AM   #36
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Got an offer accepted on a 2bd/2bt condo in Pompano Beach on North Riverside drive ... 75K under last sale and 179K US will cost me much less .... Just need to take advantage of situation
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Old 04-06-2011, 11:43 AM   #37
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fuck war, gas, $ and euro!
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Old 04-06-2011, 11:47 AM   #38
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Got an offer accepted on a 2bd/2bt condo in Pompano Beach on North Riverside drive ... 75K under last sale and 179K US will cost me much less .... Just need to take advantage of situation
Congrats, I am thinking of doing something similar
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Old 04-06-2011, 11:48 AM   #39
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Why not just go to your bank and ask them to set up a USD savings account for you? Then you don't have to "sit on cheques", just deposit them and at least accrue intrest while you wait for the dollar to go back up.

Like someone already said, many of those sponsor cheques are only valid for 90 days.

I've had a US account at every bank I've ever dealt with. The one I have now is at Scotiabank, no charge for depositing cheques.
Because I've been procrastinating on the issue and have been too tired/lazy to go after work or on Saturday to get it setup LOL. I keep saying I'm going to do it every weekend but keep leaving them on my computer desk. I do believe its 180 days for the CCbill checks but I plan to go tonight to get the acct setup and the checks deposited.

My girl keeps an eye on all my checks and generally deposits them right away. If its not displayed on how long they're valid, she would have already deposited some within 45 days.
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Old 04-06-2011, 11:51 AM   #40
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US dollar is going to shit because we are living on credit as a country. We are getting to the point where we are having trouble making our interest payments on time. The rest of the world is just waiting for Rome to collapse so they can show us all a new language, religion and introduce us to a new way of living.
pretty much every government in the world is living off credit. of course there are a lot more people living off credit in the western world because in other countries, they are too poor to even have the option, for the most part.
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Old 04-06-2011, 11:54 AM   #41
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thank god i m in 3rd world.
US dollar always rocks for me.
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Old 04-06-2011, 12:00 PM   #42
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Got an offer accepted on a 2bd/2bt condo in Pompano Beach on North Riverside drive ... 75K under last sale and 179K US will cost me much less .... Just need to take advantage of situation
HOA fees are?
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Old 04-06-2011, 12:08 PM   #43
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dont you love the days when it was 1.55, now we lose money
Remember those days fondly
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Old 04-06-2011, 12:08 PM   #44
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if you are with td you can get their US borderless account, gives you about an extra cent per dollar over their regular rate.
Also, you get a better rate doing the transfer online via their EasyWeb, versus doing so at the bank. I think it's an extra cent there too.
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Old 04-06-2011, 12:10 PM   #45
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haha I know. I've been sitting on some CCBill checks since mid-Jan hoping for a drop.
I'm set to lose about $200 right now.

I'm in the process of setting up a US$ acct to minimize the loss as much as I can
dont they expire after 90 days?
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Old 04-06-2011, 12:11 PM   #46
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See, you crazy Americans? This is all your fault!

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Old 04-06-2011, 12:14 PM   #47
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we need a major market crush and stop with lybia bullshit, then dollar will go back
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Old 04-06-2011, 12:21 PM   #48
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Leverage yourself

Our "business economics" are based on the value of the Euro.

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Old 04-06-2011, 12:21 PM   #49
huey
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Originally Posted by V_RocKs View Post
US dollar is going to shit because we are living on credit as a country. We are getting to the point where we are having trouble making our interest payments on time. The rest of the world is just waiting for Rome to collapse so they can show us all a new language, religion and introduce us to a new way of living.
My father told me when I was young. All great empires must fall.
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Old 04-06-2011, 12:23 PM   #50
2intense
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Originally Posted by alexxx View Post
true... better grab some euros...
i agree
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