| Pages:
1
2
3 |
rts551
Elite Nomad
Posts: 6699
Registered: 9-5-2003
Member Is Offline
|
|
| Quote: | Originally posted by DENNIS
| Quote: | Originally posted by CortezBlue
Cramer is projecting the peso to be 10-1 by Navidad
|
Ohhhh...that Cramer. Always kidding around.
12.4902 to one......as we speak. |
Cramer
Onits way up again today...13 not far off
|
|
|
DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
|
|
| Quote: | Originally posted by rts551
Onits way up again today...13 not far off |
En este momento...........12.5035 --1
|
|
|
Bruce R Leech
Elite Nomad
Posts: 6796
Registered: 9-20-2004
Location: Ensenada formerly Mulege
Member Is Offline
Mood: A lot cooler than Mulege
|
|
the really scary thing is that this is not due to the Paso increasing in value, it is the devaluation of the dollar on the world market.
the paso is falling faster than ever but the dollar is falling much faster.
[Edited on 5-24-2013 by Bruce R Leech]
Bruce R Leech
Ensenada
 |
|
|
Bajaboy
Ultra Nomad
Posts: 4375
Registered: 10-9-2003
Location: Bahia Asuncion, BCS, Mexico
Member Is Offline
|
|
I feel fortunate to have so many monetary supply experts on this forum.
|
|
|
DavidE
Ultra Nomad
Posts: 3814
Registered: 12-1-2003
Location: Baja California México
Member Is Offline
Mood: 'At home we demand facts and get them. In Mexico one subsists on rumor and never demands anything.' Charles Flandrau,
|
|
21 December 1994
GANGBUSTERS!
A Lot To See And A Lot To Do
|
|
|
chuckie
Elite Nomad
Posts: 6082
Registered: 2-20-2012
Location: Kansas Prairies
Member Is Offline
Mood: Weary
|
|
Where chu gat dees "Pasos"? Here we can get only "Pesos"....
|
|
|
msteve1014
Senior Nomad
Posts: 947
Registered: 12-2-2006
Member Is Offline
|
|
| Quote: | Originally posted by lencho
| Quote: | Originally posted by Bruce R Leech
the paso is falling faster than ever... |
What makes you think that? Seems like the economy in La Paz is going gangbusters... |
I doubt that the economy in La Paz has a big effect on the value of the peso around the world.
|
|
|
DavidE
Ultra Nomad
Posts: 3814
Registered: 12-1-2003
Location: Baja California México
Member Is Offline
Mood: 'At home we demand facts and get them. In Mexico one subsists on rumor and never demands anything.' Charles Flandrau,
|
|
As long as things do not become...
Peso Much
Get So Little
Just Sayin'
A Lot To See And A Lot To Do
|
|
|
DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
|
|
| Quote: | Originally posted by lencho
Might, however, give some indication of the state of the national economy, which I would *guess* should affect the value of the Peso.
|
Indicators of the national economy have traditionally been nebulous. "Fixed" is another term that comes to mind.
The unemployment rate is a case in point.
Another is references to the burgeoning middle class with their consumer capabilities that never mentions their absence of mortgage burden.......
which is coming.
They gonna be just like us.
|
|
|
chuckie
Elite Nomad
Posts: 6082
Registered: 2-20-2012
Location: Kansas Prairies
Member Is Offline
Mood: Weary
|
|
The uS Farm economy is in danger as next years crop financing approachs, many (most) farmers live on bank loans against next years crops, secured by
land value. Land prices and crop prices are dropping, and a lot of farmer ranchers likeley will not be able to borrow, if they are already
overleveraged...Glad we sold our ranch...had no debt anyhow....As to the peso? If the exchange ratio gets too bad, Hell, I just wont buy anymore and
starve to death....Simple
|
|
|
John M
Super Nomad
Posts: 1916
Registered: 9-3-2003
Location: California High Desert
Member Is Offline
|
|
Move over
If this trend continues for another week or two all I can say is move over GOT PESO? 'cause I'll be joining you at Catavina.
John
|
|
|
DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
|
|
| Quote: | Originally posted by chuckie
Hell, I just wont buy anymore and starve to death....Simple |
The world has always been in need of leaders, Chuckie. 
|
|
|
DENNIS
Platinum Nomad
Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline
|
|
It was long ago projected to hit 20x1, but things change quickly.
It doesn't matter much to we who live in the middle of it all since most things here worth while are imported and they will have an immediate price
adjustment.
Go with it, and don't try to get ahead of it all.
Be happy...Don't worry.
|
|
|
chuckie
Elite Nomad
Posts: 6082
Registered: 2-20-2012
Location: Kansas Prairies
Member Is Offline
Mood: Weary
|
|
The Church of the IJDM..It just dont matter
|
|
|
rts551
Elite Nomad
Posts: 6699
Registered: 9-5-2003
Member Is Offline
|
|
| Quote: | Originally posted by chuckie
The uS Farm economy is in danger as next years crop financing approachs, many (most) farmers live on bank loans against next years crops, secured by
land value. Land prices and crop prices are dropping, and a lot of farmer ranchers likeley will not be able to borrow, if they are already
overleveraged...Glad we sold our ranch...had no debt anyhow....As to the peso? If the exchange ratio gets too bad, Hell, I just wont buy anymore and
starve to death....Simple |
Are you exchanging for dollars????? other wise what is hurting the locals, is in fact helping you (selfish I Know). More Pesos for the dollar
(until inflation takes over), so if you starve, it ain't for lack of money.
|
|
|
Udo
Elite Nomad
Posts: 6343
Registered: 4-26-2008
Location: Black Hills, SD/Ensenada/San Felipe
Member Is Offline
Mood: TEQUILA!
|
|
| Quote: | Originally posted by Bruce R Leech
the really scary thing is that this is not due to the Peso increasing in value, it is the devaluation of the dollar on the world market.
the Peso is falling faster than ever but the Dollar is falling much faster.
[Edited on 5-24-2013 by Bruce R Leech] |
Udo
Youth is wasted on the young!
|
|
|
rts551
Elite Nomad
Posts: 6699
Registered: 9-5-2003
Member Is Offline
|
|
| Quote: | Originally posted by Udo
| Quote: | Originally posted by Bruce R Leech
the really scary thing is that this is not due to the Peso increasing in value, it is the devaluation of the dollar on the world market.
the Peso is falling faster than ever but the Dollar is falling much faster.
[Edited on 5-24-2013 by Bruce R Leech] |
|
Shak!!! If your income is in dollars and your economy is pesos what a deal......Except Mexico's inflation is roaring at 4.5 percent which will
catch up with folks whom live in Baja. and April's Inflation rate was 1.1 percent in the US ...
Me, I am going to enjoy it while I can and sympathize with the locals.
|
|
|
DavidE
Ultra Nomad
Posts: 3814
Registered: 12-1-2003
Location: Baja California México
Member Is Offline
Mood: 'At home we demand facts and get them. In Mexico one subsists on rumor and never demands anything.' Charles Flandrau,
|
|
USA grocery bill: $100.00
It would be $50.00 but speculators and banks have to take their vigorish.
Yeah, pesos. What a bargain. A 195X70X14" BF Goodrich tire $1,500 pesos. But that is a bargain, right? Because it IS in pesos.
Check your power bill. How many kWh? Eight hundred you say? Come to Mexico and let CFE have their way with you with 800 kWh bills. It's OK it has to
be cheap, it's in PESOS!
A Lot To See And A Lot To Do
|
|
|
rts551
Elite Nomad
Posts: 6699
Registered: 9-5-2003
Member Is Offline
|
|
Hate to pi$$ on your Pouting Party, but go price the tires in the US or pay your PG&E bill up there.
on edit: $120 (at 12.5 to 1) out the door for any BF Goodrich tire is a bargain.
Our tucson bill used to run 2-300 dollars a month. Our Baja home is off-grid so no comparison but my Gringo bud (un named) complains if he pays
400 pesos a month.
[Edited on 5-25-2013 by rts551]
|
|
|
DavidE
Ultra Nomad
Posts: 3814
Registered: 12-1-2003
Location: Baja California México
Member Is Offline
Mood: 'At home we demand facts and get them. In Mexico one subsists on rumor and never demands anything.' Charles Flandrau,
|
|
You Done Missed And Filled Your Shoe
http://www.walmart.com/catalog/tiresResultAction.do?year=&make=&model=&vehicle_path=false&tire_spec_selected=&tire_type=&tire_
load_index=&tire_load_range=&tire_speed_rating=&tire_equivalent_load_index=&tire_size=&dept=1077064&path=0%3A91083%3A1077064&a
mp;Flag=TiresS&tire_width=195&tire_ratio=70&tire_diameter=14&x=38&y=10
I am talking about kWh, how many Kilowatt Hours were you using to pay that kind of money. It reminds me of talking about lunch "Gee I got a comida
corrida for fifty pesos".
"That's nothing. I paid ten pesos"
"Wow! That's neat! What did you have?"
"A bottle of Cielo. I'm on a diet'
A Lot To See And A Lot To Do
|
|
|
| Pages:
1
2
3 |
![[*]](images/xmbforum/default_icon.gif){kind=icon}
