pczz wrote: ↑Thu Jan 11, 2018 11:47 pm

bolueeleh wrote: ↑Thu Jan 11, 2018 11:06 pm china stopped buying US treasuries, USD gonna weaken further, better it get changed fast

if only it was that simple. At the moment I get 8.755 interest in AMK. If i change my money out of usd i can get bugger all, so unless the USD drops more than 8.75% then no point in selling. Of course Mr T is so nice to china they have every incentive to dry his credit up. Once that white haired buffoon is ejected from the White Houe and/or impeached the dollar will go back up

bolueeleh wrote: ↑Thu Jan 11, 2018 11:57 pm

pczz wrote: ↑Thu Jan 11, 2018 11:47 pm

bolueeleh wrote: ↑Thu Jan 11, 2018 11:06 pm china stopped buying US treasuries, USD gonna weaken further, better it get changed fast

if only it was that simple. At the moment I get 8.755 interest in AMK. If i change my money out of usd i can get bugger all, so unless the USD drops more than 8.75% then no point in selling. Of course Mr T is so nice to china they have every incentive to dry his credit up. Once that white haired buffoon is ejected from the White Houe and/or impeached the dollar will go back up

8.755% of a dollar is only 8.755 cents, so if the dollar moved 8.755 cents against whatever currency that you are trying to get into, then you are screwed anyway.

pczz wrote: ↑Fri Jan 12, 2018 12:01 am

bolueeleh wrote: ↑Thu Jan 11, 2018 11:57 pm

pczz wrote: ↑Thu Jan 11, 2018 11:47 pm

bolueeleh wrote: ↑Thu Jan 11, 2018 11:06 pm china stopped buying US treasuries, USD gonna weaken further, better it get changed fast

if only it was that simple. At the moment I get 8.755 interest in AMK. If i change my money out of usd i can get bugger all, so unless the USD drops more than 8.75% then no point in selling. Of course Mr T is so nice to china they have every incentive to dry his credit up. Once that white haired buffoon is ejected from the White Houe and/or impeached the dollar will go back up

8.755% of a dollar is only 8.755 cents, so if the dollar moved 8.755 cents against whatever currency that you are trying to get into, then you are screwed anyway.

Correct. the question is whether the dollar will move 8.75% and the currency oin question which, in my case, is the GBP. i bought dollars at near $1.70. If brexit goes badly the GBP may drop
even against a weak dollar. Even if brexit goes well it is unlikely to move more than 3 or 4 cents. the catch is if brexit is cancelled in which case the GBp could bounce 10 cents or more. One politician suggested a second vote and the GBp went up by 0.5 cents in an hour