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Author: Subject: Mexican Peso in the FX markets pointing to a Hillary victory?
AKgringo
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[*] posted on 11-10-2016 at 10:44 AM


Well isn't that special! As a convenience to myself, I bought pesos at a local (Grass alley CA) Wells Fargo yesterday, and only got 18.59 to the dollar. Fortunately, they only had six thousand pesos on hand! And, I don't have to stop at the border!



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mtgoat666
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[*] posted on 11-10-2016 at 11:26 AM


Quote: Originally posted by AKgringo  
All house seats, and one third of senate seats will be up for grabs in 2018. It is common for a majority to change in one or both houses two years into a new presidents term.

Trump has two years to 'put up, or shut up' or suffer at the polls! Personally, I expect little change from business as usual since he has made so many enemy's on both sides of the aisle.

Gridlock is unfortunate, but better than charging ahead the wrong direction!


Trump made a lot of promises. If he keeps them, the economy is toast. If he does not honor promises, he is toast.
Rip up trade agreements, economy will colapse.
Throw out obamacare without replacing the insurance, he will be lynched.
Keep brown nosing putin, he will be impeached for treason.
He promises to bring manufacturing jobs back to usa. Aint gonna happen, economy has already been globalized.
Tax cuts for the rich and continuing economic malaise for middle class, rust belt and rural usa, sayonara gop.
Continue to lip serve the alt-right white nationalists, he and gop will go down in same infamy as hitler.

Tax cuts for the rich, and ss and medicare cuts,... doesnt he know old people vote in higher proportion than younger?

[Edited on 11-10-2016 by mtgoat666]
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willardguy
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[*] posted on 11-10-2016 at 11:43 AM


“Human sacrifice! Dogs and cats living together! Mass hysteria!”
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bajaguy
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[*] posted on 11-10-2016 at 11:52 AM


Take some Malox and Valium......you are giving yourself an ulcer and will stroke out if you keep this up

Quote: Originally posted by mtgoat666  


Trump made a lot of promises. If he keeps them, the economy is toast. If he does not honor promises, he is toast.
Rip up trade agreements, economy will colapse.
Throw out obamacare without replacing the insurance, he will be lynched.
Keep brown nosing putin, he will be impeached for treason.
He promises to bring manufacturing jobs back to usa. Aint gonna happen, economy has already been globalized.
Tax cuts for the rich and continuing economic malaise for middle class, rust belt and rural usa, sayonara gop.
Continue to lip serve the alt-right white nationalists, he and gop will go down in same infamy as hitler.

Tax cuts for the rich, and ss and medicare cuts,... doesnt he know old people vote in higher proportion than younger?

[Edited on 11-10-2016 by mtgoat666]
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JoeJustJoe
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[*] posted on 11-10-2016 at 12:19 PM


Fear, panic, and the unknown often drive the market, and if you don't panic yourself, you could make money by betting in the opposite direction of the herd.

The pesos free fall the last two days was mainly in part of the rest of the world, believing that Trump is going to tear up NAFTA, and impose high tariffs on goods from Mexico to the US to punish US corporations for moving plants to Mexico, and to punish Mexico for being a weaker nation, and to punish Mexico for not for agreeing to build the wall.

It's amazing that even highly educated people who work on wall street and trade currencies could believe such pre-election bluster from Trump.

Trump's not going to tear up NAFTA or impose high tariffs, not if he own GOP party has anything to say about it. The stuff about the WALL" was just red meat for the white blue collar worker feeling threatened by the changing demographics of America.

Some believe the peso will go to 22 vs the US $1 dollar, and if so, I may be time to bet in the opposite direction. Of course I would also like to see oil prices start to recover before making such a bet.




[Edited on 11-10-2016 by JoeJustJoe]
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Martyman
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[*] posted on 11-10-2016 at 12:20 PM


So when Trump gets us into WW 3, will Mulege be out of the radiation fallout zone?
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ELINVESTIG8R
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[*] posted on 11-10-2016 at 12:22 PM


I voted for Donald Trump and just look at the Mexican Peso. Today, it's at 20.51 Pesos to one U.S. Dollar
The Dow Jones Industrial Average is up to 18,851.26. Yeayyyyyyy. Dang what bonanza an election makes.

[Edited on 11-11-2016 by BajaNomad]
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mtgoat666
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[*] posted on 11-10-2016 at 02:25 PM


Quote: Originally posted by ELINVESTIG8R  
I voted for Donald Trump and just look at the Mexican Peso. Today, it's at 20.51 Pesos to one U.S. Dollar
The Dow Jones Industrial Average is up to 18,851.26. Yeayyyyyyy. Dang what bonanza an election makes.


Why do you gringos gloat in the peso crashing? It makes you happy that Mexicans suffer economically??? You want increased income and wealth disparity between Mexicans and gringos???
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[*] posted on 11-10-2016 at 03:08 PM


Quote: Originally posted by JoeJustJoe  


Trump's not going to tear up NAFTA or impose high tariffs, not if he own GOP party has anything to say about it. The stuff about the WALL" was just red meat for the white blue collar worker feeling threatened by the changing demographics of America.

Don't bet on it.
From a standpoint of human dignity, the maquiladoras have converted a section of working Mexico society to the economic level of field hands. Mexico has been able to compete in that world market with a government which regulates factory workers at a wage level that competes with China. They just don't get mud in their shoes. Thank NAFTA for that.




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ELINVESTIG8R
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[*] posted on 11-10-2016 at 03:14 PM


Quote: Originally posted by mtgoat666  
Quote: Originally posted by ELINVESTIG8R  
I voted for Donald Trump and just look at the Mexican Peso. Today, it's at 20.51 Pesos to one U.S. Dollar
The Dow Jones Industrial Average is up to 18,851.26. Yeayyyyyyy. Dang what bonanza an election makes.


Why do you gringos gloat in the peso crashing? It makes you happy that Mexicans suffer economically??? You want increased income and wealth disparity between Mexicans and gringos???



With the Peso where it's at now I can be more philanthropic in La Baja!

[Edited on 11-11-2016 by BajaNomad]
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JoeJustJoe
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[*] posted on 11-10-2016 at 05:30 PM


Quote: Originally posted by DENNIS  
Quote: Originally posted by JoeJustJoe  


Trump's not going to tear up NAFTA or impose high tariffs, not if he own GOP party has anything to say about it. The stuff about the WALL" was just red meat for the white blue collar worker feeling threatened by the changing demographics of America.

Don't bet on it.
From a standpoint of human dignity, the maquiladoras have converted a section of working Mexico society to the economic level of field hands. Mexico has been able to compete in that world market with a government which regulates factory workers at a wage level that competes with China. They just don't get mud in their shoes. Thank NAFTA for that.


Dennis, from the point of view of the multinational corporations, what's the problem with NAFTA?

The rust belt workers are crying about losing their manufacturing job, but NAFTA destroyed thousands of Mexican farm worker jobs, and like you say the maquiladoras is just a little better than slave labor, and is one of the reasons so many Mexicans jump the fence and come work in the US.

However, NAFTA has been a wonderful thing if you're running a multinational corporation, or own stock in those companies.

A moderate Bill Clinton, signed NAFTA with mostly GOP support years ago.

Trump, won't touch NAFTA, although he is an idiot, so I can't say all bets are off for sure, but if Trump, even starts talking tough against NAFTA, he could crash the stock market and the peso for some time.
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DENNIS
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[*] posted on 11-10-2016 at 07:02 PM


Quote:
[rquote=1055576&tid=84654&author=JoeJustJoe
Dennis, from the point of view of the multinational corporations, what's the problem with NAFTA?


Can't believe that came from you, Joe.

anyway...how does "Made in the USA" sound to you?




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joerover
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[*] posted on 11-10-2016 at 09:15 PM


Does anyone honor NAFTA?
The Canadians pay high taxes on things they buy in the US and take home. The nomads have threads on how to not pay duty on their stuff going to Baja.

Am I limited to $400 worth of stuff going back to gringolandia?

Not a lot of free trade going on in North America.

Peso closed at 20.5, what is it in San Ysidro 19.7 or something? Never seems to match the computer estimate.




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ELINVESTIG8R
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[*] posted on 11-10-2016 at 09:15 PM


President Elect Trump will be draining the swamp upon becoming President and will be fixing all the bad deals, which will make America great and prosperous again.


[Edited on 11-11-2016 by BajaNomad]
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joerover
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[*] posted on 11-10-2016 at 09:20 PM


The add at the top of baja nomads says meet Russian women

Is trump really friends with Vladimer Putin.
Is that better than hillary going to war with good old Vladimir?
Their weapons at least equal ours.




the fat lady is breeding
which means
The fat ladys are breeding
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MrBillM
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[*] posted on 11-10-2016 at 10:44 PM
Delusional Dreaming


IF there is anyone, conservative or otherwise, thinking that the Trump University trial would provide a basis for Impeachment, they're getting their info from Facebook or a like source.

The lawsuit is a CIVIL action.

Which Trump could actually settle at any time with his checkbook.

As far as Senators McConnell and McCain plotting (?), the House of Representatives brings Impeachment charges.

And, the Conservative caucus which destroyed John Boehner's leadership and threatens to make life difficult for Paul Ryan as speaker is filled with members who LOVE Trump.

ANYBODY thinking that the Congressional Republicans are going to do anything other than enthusiastically pursue policies in line with much (if not most) of Trump's populist promises is deluding themselves.

As far as the Dems successfully obstructing, the chances of that in the House are ZIP and limited in the Senate even with the cloture rule. Which can be suspended by a majority vote. The so-called "Nuclear" option.
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JoeJustJoe
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[*] posted on 11-10-2016 at 11:08 PM


Quote: Originally posted by joerover  
The add at the top of baja nomads says meet Russian women

Is trump really friends with Vladimer Putin.
Is that better than hillary going to war with good old Vladimir?
Their weapons at least equal ours.


Joeover wrote: " The add at the top of baja nomads says meet Russian women."

Busted, it's amazing how those "ad sense" ads personalized advertising.

And I guess Putin and Trump are friend now, since Putin pretty much installed his own puppet in the White House.

I guess fair is fair, the USA has been doing the same kind of dirty deeds all over the world for many many years.

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willardguy
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[*] posted on 11-10-2016 at 11:09 PM


Quote: Originally posted by joerover  
The add at the top of baja nomads says meet Russian women

Is trump really friends with Vladimer Putin.
Is that better than hillary going to war with good old Vladimir?
Their weapons at least equal ours.


meet russian women eh.....not judging!:lol:


im sure you were just searching "smoking hot tennis players"

[Edited on 11-11-2016 by willardguy]
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del mar
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[*] posted on 11-10-2016 at 11:48 PM


:( all I get is an ad for pvc picnic tables!
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ehall
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[*] posted on 11-11-2016 at 04:56 AM


Quote: Originally posted by del mar  
:( all I get is an ad for pvc picnic tables!



Mine are all motorcycle ads
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