BajaNomad
Not logged in [Login - Register]

Go To Bottom
Printable Version  
 Pages:  1    3
Author: Subject: PESO IS GOING FOR A DOWNHILL RIDE TODAY
rts551
Elite Nomad
******




Posts: 6699
Registered: 9-5-2003
Member Is Offline


[*] posted on 10-15-2014 at 11:58 AM
PESO IS GOING FOR A DOWNHILL RIDE TODAY


Quote:
Originally posted by DENNIS
Right now:


13.5728 to 1 buck


So...Whats a buck? Did you get some pisos?
View user's profile
DENNIS
Platinum Nomad
********




Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline


[*] posted on 10-15-2014 at 12:01 PM


Quote:
Originally posted by rts551
Quote:
Originally posted by DENNIS
Right now:


13.5728 to 1 buck


So...Whats a buck? Did you get some pisos?


I'm an ATM kinda guy. Just withdraw....never do the math.

You know what a buck is, Ralph. :light:




"YOU CAN'T LITTER ALUMINUM"
View user's profile
greengoes
Select Nomad
*******




Posts: 10289
Registered: 6-27-2011
Member Is Offline

Mood: Today I slay the Red Dot.

[*] posted on 10-15-2014 at 12:46 PM


Woo Hoo I get almost 2 more of those tiny little silver coins you need a microscope to see what is written on them for my dollar.. They also make excellent shims for leprechauns and God's other smaller creatures.



ANUNCIATE AQUI
DISPONIBLE
INFORMES LLAMA SNOWBALL - 646-115-7754
View user's profile
GregJackson
Newbie





Posts: 8
Registered: 10-5-2012
Member Is Offline


[*] posted on 10-15-2014 at 01:03 PM


It's not so much a weak peso but a very strong dollar against all currencies. At any rate, it's good for all of us that are buying pesos with dollars.
View user's profile
DENNIS
Platinum Nomad
********




Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline


[*] posted on 10-15-2014 at 01:47 PM


Quote:
Originally posted by GregJackson
It's not so much a weak peso but a very strong dollar against all currencies. At any rate, it's good for all of us that are buying pesos with dollars.



Yeah...I don't get involved with the Peso's big world. I grew up with it when it was stuck at 8 cents US. That certainly has changed.




"YOU CAN'T LITTER ALUMINUM"
View user's profile
rts551
Elite Nomad
******




Posts: 6699
Registered: 9-5-2003
Member Is Offline


[*] posted on 10-15-2014 at 01:49 PM


Quote:
Originally posted by DENNIS
Quote:
Originally posted by GregJackson
It's not so much a weak peso but a very strong dollar against all currencies. At any rate, it's good for all of us that are buying pesos with dollars.



Yeah...I don't get involved with the Peso's big world. I grew up with it when it was stuck at 8 cents US. That certainly has changed.


sure has not helped the stock market though. win some... lose some

Still got some "old pesos" somewhere.

[Edited on 10-15-2014 by rts551]
View user's profile
StuckSucks
Super Nomad
****




Posts: 2323
Registered: 10-17-2013
Member Is Offline


[*] posted on 10-15-2014 at 02:13 PM


13.54



View user's profile
mtgoat666
Select Nomad
*******




Posts: 18376
Registered: 9-16-2006
Location: San Diego
Member Is Offline

Mood: Hot n spicy

[*] posted on 10-15-2014 at 02:57 PM


Quote:
Originally posted by DENNIS
Quote:
Originally posted by GregJackson
It's not so much a weak peso but a very strong dollar against all currencies. At any rate, it's good for all of us that are buying pesos with dollars.



Yeah...I don't get involved with the Peso's big world. I grew up with it when it was stuck at 8 cents US. That certainly has changed.


hasn't changed much, peso today is worth 7.3 cents US
View user's profile
greengoes
Select Nomad
*******




Posts: 10289
Registered: 6-27-2011
Member Is Offline

Mood: Today I slay the Red Dot.

[*] posted on 10-15-2014 at 03:07 PM


Quote:
Originally posted by mtgoat666
Quote:
Originally posted by DENNIS

Yeah...I don't get involved with the Peso's big world. I grew up with it when it was stuck at 8 cents US. That certainly has changed.


hasn't changed much, peso today is worth 7.3 cents US


About four of these teeny silver things -




ANUNCIATE AQUI
DISPONIBLE
INFORMES LLAMA SNOWBALL - 646-115-7754
View user's profile
DENNIS
Platinum Nomad
********




Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline


[*] posted on 10-15-2014 at 03:08 PM


Quote:
Originally posted by mtgoat666
[hasn't changed much, peso today is worth 7.3 cents US



Yeah...but it's no longer frozen. That was kinda my point.




"YOU CAN'T LITTER ALUMINUM"
View user's profile
DENNIS
Platinum Nomad
********




Posts: 29510
Registered: 9-2-2006
Location: Punta Banda
Member Is Offline


[*] posted on 10-15-2014 at 03:11 PM


Quote:
Originally posted by greengoes

About four of these teeny silver things -



it's my understanding that it's a constitutional requirement that we have the penny.
I wouldn't be surprised if Mexico had the same requirement for these coins.




"YOU CAN'T LITTER ALUMINUM"
View user's profile
rhintransit
Super Nomad
****




Posts: 1588
Registered: 9-4-2006
Location: Loreto
Member Is Offline


[*] posted on 10-15-2014 at 03:14 PM


got 13.24 pesos to the dollar when I hit the ATM today in Loreto. that includes the small MX bank fee, no charge from my USA institution...



reality\'s never been of much use out here...
View user's profile
Howard
Super Nomad
****




Posts: 2353
Registered: 11-13-2007
Location: Loreto/Manhattan Beach/Kona
Member Is Offline

Mood: I'd rather regret the things I've done than regret the things I haven't done.

[*] posted on 10-15-2014 at 03:36 PM


Thanks Roberta, that is the only figure that counts, whatever you get from the magic machine, not what the computer says.




We don't stop playing because we grow old;
we grow old because we stop playing
George Bernard Shaw






View user's profile
AKgringo
Elite Nomad
******




Posts: 6027
Registered: 9-20-2014
Location: Anchorage, AK (no mas!)
Member Is Offline

Mood: Retireded

[*] posted on 10-15-2014 at 03:47 PM


In 1986 we home schooled our three boys their second semester, left Anchorage the first week of February, and drove down the west coast to Cabo. We then took the Ferry from La Paz to Mazatlan and drove down to Ziuataneo (sp?) and worked our way north arriving back in Anchorage in May (fishing time).
When we crossed into Mexico, the Peso was about 160 to the Dollar. When we left, it had fallen to about 350 to one! Prices could not rise fast enough to keep up, so Mexico was on Sale big time!
I don't think I could have spent the winter in Anchorage for what we spent on that Vacation that my boys will remember for the rest of their life.
We even made a positive exchange every time we used plastic, paying back less than we spent.
Those were the days!
G.L.




If you are not living on the edge, you are taking up too much space!

"Could do better if he tried!" Report card comments from most of my grade school teachers. Sadly, still true!
View user's profile
Hook
Elite Nomad
******




Posts: 9010
Registered: 3-13-2004
Location: Sonora
Member Is Offline

Mood: Inquisitive

[*] posted on 10-15-2014 at 03:51 PM


Watch the futures markets overnight. There was a mid day correction that gained back about 2/3 of the losses today. The futures may indication that the correction will continue.

Tomorrow COULD be the day that tells us whether we have reached a bottom in US stocks (aka, a buying opportunity, INVESTORS!!!).

This bump in the dollar is all about fear fleeing to the dollar. I think it will be short lived. I think the yield on the 10 year note hit 2.00 % today. That's probably a multi-year low.

But, it's a good time to use that ATM tomorrow. Rates are generally set by banks from the previous day. Drain that sucka!!!!
View user's profile
Bob53
Senior Nomad
***


Avatar


Posts: 661
Registered: 2-24-2014
Location: Fallbrook, CA & Bahia de los Angeles
Member Is Offline


[*] posted on 10-15-2014 at 03:53 PM


I think I still have some un centavo coins around somewhere.



The bitterness of poor quality remains long after the sweetness of low price is forgotten.
View user's profile
weebray
Super Nomad
****




Posts: 1094
Registered: 7-19-2010
Location: La Paz
Member Is Offline

Mood: lleno

[*] posted on 10-15-2014 at 05:46 PM


One of my basic tenants in life is to stock up on stuff that I regularly use when it is on sale. The peso has been on sale since the end of Sept. and we are buying like we would if beer were two bucks a six pack.



Every beautiful beach in the world needs a few condo towers - NOT.
View user's profile
BajaRat
Super Nomad
****




Posts: 1303
Registered: 3-2-2010
Location: SW Four Corners / Bahia Asuncion BCS
Member Is Offline

Mood: Ready for some salt water with my Tecate

[*] posted on 10-15-2014 at 06:29 PM


Quote:
Originally posted by weebray
One of my basic tenants in life is to stock up on stuff that I regularly use when it is on sale. The peso has been on sale since the end of Sept. and we are buying like we would if beer were two bucks a six pack.


como no :bounce:
View user's profile
chuckie
Elite Nomad
******




Posts: 6082
Registered: 2-20-2012
Location: Kansas Prairies
Member Is Offline

Mood: Weary

[*] posted on 10-15-2014 at 07:33 PM


Love these discussions...In April I came back to the US for medical reasons...I had 5 500 peso notes in my wallet...they are still there, neither gained nor shrunk...



View user's profile
bajabuddha
Banned





Posts: 4024
Registered: 4-12-2013
Location: Baja New Mexico
Member Is Offline

Mood: Always cranky unless medicated

[*] posted on 10-15-2014 at 10:16 PM


Carlosito, i'd gladly pay you Tuesday for a hamburguesa today.... :lol:



I don't have a BUCKET LIST, but I do have a F***- IT LIST a mile long!

86 - 45*

View user's profile
 Pages:  1    3

  Go To Top

 






All Content Copyright 1997- Q87 International; All Rights Reserved.
Powered by XMB; XMB Forum Software © 2001-2014 The XMB Group






"If it were lush and rich, one could understand the pull, but it is fierce and hostile and sullen. The stone mountains pile up to the sky and there is little fresh water. But we know we must go back if we live, and we don't know why." - Steinbeck, Log from the Sea of Cortez

 

"People don't care how much you know, until they know how much you care." - Theodore Roosevelt

 

"You can easily judge the character of others by how they treat those who they think can do nothing for them or to them." - Malcolm Forbes

 

"Let others lead small lives, but not you. Let others argue over small things, but not you. Let others cry over small hurts, but not you. Let others leave their future in someone else's hands, but not you." - Jim Rohn

 

"The best way to get the right answer on the internet is not to ask a question; it's to post the wrong answer." - Cunningham's Law







Thank you to Baja Bound Mexico Insurance Services for your long-term support of the BajaNomad.com Forums site.







Emergency Baja Contacts Include:

Desert Hawks; El Rosario-based ambulance transport; Emergency #: (616) 103-0262