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GypsyJan
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Registered: 10-29-2013
Location: Baja Coast
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Mood: "If a dog will not come to you after looking you in the face, examine your conscience." Woodrow W
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Analysts predict peso will make a comeback
https://mexiconewsdaily.com/news/analysts-predict-peso-will-...
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mtgoat666
Select Nomad
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Location: San Diego
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Mood: Hot n spicy
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Peso is weak because trump keeps threatening to destroy NAFTA 
When trump gets impeached or replaced under 25th amendment (Incapacity, insanity), peso will get stronger again 
Woke!
“...ask not what your country can do for you – ask what you can do for your country.” “My fellow citizens of the world: ask not what America
will do for you, but what together we can do for the freedom of man.”
Prefered gender pronoun: the royal we
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fishbuck
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I read a headline that CA will cease the sale of fossil fuel vehicles. In 2040. The cost of a barrel of oil will plumit.
Isn't Mexicos economy based on government oil oil sales? Kind a like Venezuela?
What will happen?
"A ship in harbor is safe, but that is not what ships are built for." J. A. Shedd.
A clever person solves a problem. A wise person avoids it. – Albert Einstein
"Life's a Beach... and then you Fly!" Fishbuck
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woody with a view
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I predict the sun will rise in an hour or so.
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larryC
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Damn Woody you nailed it again it just popped over the ridge.
Off grid, 12-190 watt evergreen solar panels on solar trackers, 2-3648 stacked Outback inverters, 610ah LiFePo4 48v battery bank, FM 60 and MX60
Outback charge controllers, X-240 Outback transformer for 240v from inverters, 6500 watt Kubota diesel generator.
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fishbuck
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Yes, but when the sun rises in an hour or so in 2040 and Norte California no longer burns gasoline in their cars, and considering that the Mexico
economy has a high percentage of their Gross National Product derived from gasoline production...
What is your prediction of the future in baja.
Specially to the future price of gasoline etc...
And as gasoline cars will probably be phased out before 2040 so maybe starting by 2030 or so, what impact might baja experience as a direct cause?
I'm hoping the price of gas drops so I can burn lots and lots. Like a dollar a gallon. Or less.
[Edited on 1-7-2018 by fishbuck]
"A ship in harbor is safe, but that is not what ships are built for." J. A. Shedd.
A clever person solves a problem. A wise person avoids it. – Albert Einstein
"Life's a Beach... and then you Fly!" Fishbuck
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DavidT
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In the U.S. it depends on who owns the politicians in office at that time.
If the billionaire environmentalists own them gas will be $25 a gallon.
If the billionaire capitalists own them gas will be $25 a gallon.
David
Not one shred of evidence supports the notion that life is serious.
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woody with a view
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Quote: Originally posted by fishbuck  |
Yes, but when the sun rises in an hour or so in 2040 and Norte California no longer burns gasoline in their cars, and considering that the Mexico
economy has a high percentage of their Gross National Product derived from gasoline production...
What is your prediction of the future in baja.
Specially to the future price of gasoline etc...
And as gasoline cars will probably be phased out before 2040 so maybe starting by 2030 or so, what impact might baja experience as a direct cause?
I'm hoping the price of gas drops so I can burn lots and lots. Like a dollar a gallon. Or less.
[Edited on 1-7-2018 by fishbuck] |
My prediction device only sees 15 years into the future. You're on you own!
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fishbuck
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| Quote: Originally posted by DavidT | In the U.S. it depends on who owns the politicians in office at that time.
If the billionaire environmentalists own them gas will be $25 a gallon.
If the billionaire capitalists own them gas will be $25 a gallon.
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"A ship in harbor is safe, but that is not what ships are built for." J. A. Shedd.
A clever person solves a problem. A wise person avoids it. – Albert Einstein
"Life's a Beach... and then you Fly!" Fishbuck
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fishbuck
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| Quote: Originally posted by woody with a view | | Quote: Originally posted by fishbuck |
Yes, but when the sun rises in an hour or so in 2040 and Norte California no longer burns gasoline in their cars, and considering that the Mexico
economy has a high percentage of their Gross National Product derived from gasoline production...
What is your prediction of the future in baja.
Specially to the future price of gasoline etc...
And as gasoline cars will probably be phased out before 2040 so maybe starting by 2030 or so, what impact might baja experience as a direct cause?
I'm hoping the price of gas drops so I can burn lots and lots. Like a dollar a gallon. Or less.
[Edited on 1-7-2018 by fishbuck] |
My prediction device only sees 15 years into the future. You're on you own! |
You could always lie to me and tell me what I want to hear. I'm good with that.
"A ship in harbor is safe, but that is not what ships are built for." J. A. Shedd.
A clever person solves a problem. A wise person avoids it. – Albert Einstein
"Life's a Beach... and then you Fly!" Fishbuck
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woody with a view
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Location: Looking at the Coronado Islands
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I could, but why would you believe me? And what would I get out of the transaction?
Baja is for people with thick skin who can absorb the speed bumps of life.... Your mileage may vary!
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fishbuck
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| Quote: Originally posted by woody with a view | I could, but why would you believe me? And what would I get out of the transaction?
Baja is for people with thick skin who can absorb the speed bumps of life.... Your mileage may vary! |
Well spoken Brother Woody. That's the kind of jem I'm trying to gleen right there.
And in the spirit of good will I hope the peso gains some if that will help people who live in baja.
"A ship in harbor is safe, but that is not what ships are built for." J. A. Shedd.
A clever person solves a problem. A wise person avoids it. – Albert Einstein
"Life's a Beach... and then you Fly!" Fishbuck
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bledito
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buy pesos now then you beat the mark up.
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fishbuck
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If you buy pesos now... while there cheap... and... the exchange rate changes... how does that work exactly? In terms of buying power.
Kind of a peso appreciation/deppresation "for dummies" question.
If I bought a boatload of pesos and they gain value by a lower exchage how does that help me build my fishshack? Materials, larborwise etc.
Anybody got any "splainin to do" on this topic?
"A ship in harbor is safe, but that is not what ships are built for." J. A. Shedd.
A clever person solves a problem. A wise person avoids it. – Albert Einstein
"Life's a Beach... and then you Fly!" Fishbuck
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Hook
Elite Nomad
Posts: 9006
Registered: 3-13-2004
Location: Sonora
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Mood: Inquisitive
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This article is a bit late. The peso has already strengthened a bit since mid December.
Basically, the peso TENDS to follow the price of oil. Oil is above 60.00 for the first time in a few years.
Trump has been talking down the value of the dollar since he began campaigning. He wants a weak dollar. A weak dollars helps US corporations that
export goods. But it's generally not good for US consumers who rely on buying imported goods.
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tobias
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Google says its at 19.20 to the USD right now.
What do you guys think monday will bring : up or down?
Place your bets!
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Bob and Susan
Elite Nomad
Posts: 8802
Registered: 8-20-2003
Location: Mulege BCS on the BAY
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Mood: Full Time Residents
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| Quote: Originally posted by lencho | | I believe the Dollar also TENDS to get more expensive around Christmas when lots of Mexicans buy Dollars for international travel. For those needing
dollars, it's best to avoid that price bubble. |
tourists buying dollars doesn't change the rate too much...
institutional money does...
big money buying into the American economy
there was some kind of tax break recently passed in the usa that is making the economy move...
foreign investors making the dollar stronger in the world by turning their peso investments into dollars
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Hook
Elite Nomad
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Location: Sonora
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Oh brother...........
The value of the dollar to other currencies has gone DOWN since the passage of the Republican's tax cut plan. It's recovered insignificantly in the
last couple days.
I know. My European vacation this year is looking rather expensive.
The Euro and the Looney have done pretty well this year. The dollar has done almost nothing but go DOWN since Trump was elected, hit a multi year LOW
in September, recovered a bit through October, and then continued down. A small bounce in the last couple days.
Oil above 61.00/barrel right now. I wish I knew whether it will go higher. I suspect only some kind of international crisis can do that. Just too much
pumping going on.
Expect to see significant inflation this year.
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fishbuck
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Posts: 5318
Registered: 8-31-2006
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What gets marked up... peso?
"A ship in harbor is safe, but that is not what ships are built for." J. A. Shedd.
A clever person solves a problem. A wise person avoids it. – Albert Einstein
"Life's a Beach... and then you Fly!" Fishbuck
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fishbuck
Banned
Posts: 5318
Registered: 8-31-2006
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I figured it out
I buy pesos at 20/1
I sell pesos at 10/1
I double my dollars
"A ship in harbor is safe, but that is not what ships are built for." J. A. Shedd.
A clever person solves a problem. A wise person avoids it. – Albert Einstein
"Life's a Beach... and then you Fly!" Fishbuck
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