dluzion 0 Posted October 17, 2010 Share Posted October 17, 2010 I was having a conversation with a mate about buying a selling foreign currency. This came about because the Aussie dollar and the U.S dollar are now equal. He was saying that we should buy a crap load of U.S dollar now and sell it when the Aussie dollar crashes against the U.S dollar. However, I was always under the assumption that it was the other way around (buy when the Aussie dollar is low to the U.S dollar, e.g. $1AUD buys $0.60USD and then sell when its rises).Can anyone confirm which is true. Please keep in mind that we were talking about buying actual physical money from a bank or an exchange and not using a forex account.Thanks in advance Link to post Share on other sites
strategy 4 Posted October 17, 2010 Share Posted October 17, 2010 the question you are asking entails either algebra or knowing stuff that is not knowable.thank god you didn't ask a question about euros or pounds though. F THAT INDIRECT NONSENSE. Link to post Share on other sites
chrozzo 19 Posted October 17, 2010 Share Posted October 17, 2010 i got your Aussie dollar right here! Link to post Share on other sites
chrozzo 19 Posted October 17, 2010 Share Posted October 17, 2010 i got your Aussie dollar right here!(points to my penis) Link to post Share on other sites
mk 11 Posted October 19, 2010 Share Posted October 19, 2010 aud is rich to usd right now Link to post Share on other sites
dapokerbum 0 Posted October 21, 2010 Share Posted October 21, 2010 Krugerrand Link to post Share on other sites
speedz99 145 Posted October 22, 2010 Share Posted October 22, 2010 I'm losig a lot of money on this foreign exchange thing.I can see why. Link to post Share on other sites
speedz99 145 Posted October 29, 2010 Share Posted October 29, 2010 Sure do. Link to post Share on other sites
Theraflu 1,035 Posted October 29, 2010 Share Posted October 29, 2010 I bet it has to do with an ax made of pure semen. Link to post Share on other sites
chrozzo 19 Posted November 6, 2010 Share Posted November 6, 2010 see! not all of my posts are pointless! Link to post Share on other sites
digitalmonkey 929 Posted November 8, 2010 Share Posted November 8, 2010 Everything you need to know is in this video: Link to post Share on other sites
digitalmonkey 929 Posted November 8, 2010 Share Posted November 8, 2010 Also: Link to post Share on other sites
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