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#1 2012-12-21 13:57:25

Oldfruit1
Member
Posts: 531

View on Japanese Yen

Im looking at getting short the Yen .. with Abe coming to power is this the time to do it? Or wait till July when the BOJ Governor is replaced?

Any thoughts?

fruity

Last edited by Oldfruit1 (2012-12-21 13:57:53)

 

#2 2012-12-21 23:43:32

4F Hepcat
THE Cat
Posts: 14333

Re: View on Japanese Yen

What you talkin' about Willis?


Vibe-Rations in Spectra-Sonic-Sound

 

#3 2013-02-03 07:45:04

Oldfruit1
Member
Posts: 531

Re: View on Japanese Yen

good for you buddy smile

i put this trade on and wondering now how much further yen (vs usd) could go .. anybody have any ideas?

fruity

 

#4 2013-02-03 17:09:48

g-
Member
Posts: 1276

Re: View on Japanese Yen

 

#5 2013-02-04 03:50:28

Oldfruit1
Member
Posts: 531

Re: View on Japanese Yen

yep so true .. what i dont get is the whole world was happy enough while the yen soared for 20 odd years .. making their electronics ridiculously expensive .. for eg sony tablets which are twice as expensive as the market leader apple ?! now the japanese want to weaken their currency the whole world and their wife most of whom have already done the same thing complain .. whinging western politicians really are scum!

the japanese want it to go to usdjpy 100 and we are at about 93 currently .. question is will they start easing aggressively soon with a BOJ who actually want to act ..

Last edited by Oldfruit1 (2013-02-04 03:51:10)

 

#6 2013-02-04 05:33:44

meister
Member
Posts: 1141

Re: View on Japanese Yen

Koji Suzuki...he da man!

 

#7 2013-02-04 06:22:16

4F Hepcat
THE Cat
Posts: 14333

Re: View on Japanese Yen

Any of you fine chaps betting against the GBP?


Vibe-Rations in Spectra-Sonic-Sound

 

#8 2013-02-04 12:55:05

Oldfruit1
Member
Posts: 531

Re: View on Japanese Yen

 

#9 2013-02-04 13:20:27

meister
Member
Posts: 1141

Re: View on Japanese Yen

Last edited by meister (2013-02-04 14:32:27)

 

#10 2013-02-04 15:00:09

Kingston1an
Member
Posts: 4181

Re: View on Japanese Yen

Australia and New Zealand are out of the question for a holiday now. Ten years ago they were relatively inexpensive.

Same with Switzerland - no more skiing in Davos for me. It's Austria instead.


"Florid, smug, middle-aged golf club bore in this country I'd say. Propping up the 19th hole in deepest Surrey bemoaning the perils of immigration."

 

#11 2013-02-04 17:50:58

fxh
Big Down Under.
From: Melbourne
Posts: 6159

Re: View on Japanese Yen

Kingston - Whats the airfares from UK to here? I seem to remember its cheaper from that end.

I think that Australia is relatively expensive although probably worse for a tourist without connections here. It is possible to travel in Oz cheaply and not too badly if you know how. Motels/hotels here, particularly outside the big cities, are notorious for preferring to stay empty than lower their prices. But mid level eating out in the cities is much superior and cheaper than UK /Eu in my limited experience.

I'm off to Japan at the end of next month - I haven't hedged anything. Seeing I wont be spending much there didn't seem much point other than hubris anyway. And if I was that good at picking the market ........................

 

#12 2013-02-05 04:58:44

Kingston1an
Member
Posts: 4181

Re: View on Japanese Yen

Airfares depend heavily on the time of the year. From about £700 London to Sydney return.

Food and accommodation was not expensive 10 years ago. I also booked internal flights in the UK. Cairns to Alice Springs. Alice Springs to Sydney.

Last edited by Kingston1an (2013-02-05 04:59:17)


"Florid, smug, middle-aged golf club bore in this country I'd say. Propping up the 19th hole in deepest Surrey bemoaning the perils of immigration."

 

#13 2013-02-05 17:11:18

fxh
Big Down Under.
From: Melbourne
Posts: 6159

Re: View on Japanese Yen

700.00 GBP =1,054.98 AUD

Current price here is around 1,800.00 AUD =1,194.42 GBP

Cairns to Alice Springs. Alice Springs to Sydney. Would be some of the most expensive airfares around.

 

#14 2013-02-06 00:39:03

4F Hepcat
THE Cat
Posts: 14333

Re: View on Japanese Yen

I sent someone business class to Perth from the UK two weeks ago and that was three and half grand GBP with Emirates. The going rate for economy varies between 700 - 1200, as Kingy says, depends on the time of year.

As for GBP its devalued by 20-30% against most currencies in the last few years, all part of the great strategy to make Blighty a cheap and cheery place to do business and reinforced with unbridled immigration from the third world, this plan is coming along quite nicely.


Vibe-Rations in Spectra-Sonic-Sound

 

#15 2013-02-06 16:09:28

Kingston1an
Member
Posts: 4181

Re: View on Japanese Yen


"Florid, smug, middle-aged golf club bore in this country I'd say. Propping up the 19th hole in deepest Surrey bemoaning the perils of immigration."

 

#16 2013-02-07 00:16:51

fxh
Big Down Under.
From: Melbourne
Posts: 6159

Re: View on Japanese Yen

yeah - those trips are dreadfully expensive and I suppose they are a must see for tourists. But the airlines gouge on those trips.

Driving is the ordinary Australian way to see stuff but I suppose driving 3 or 4 x 12 hour days across desert @ 110kph in 30C +, not only in the one country but often within the same state, (sometimes even the same language!) isn't all that attractive to people from EU. Plus it wastes time if you are on a short trip.

You can see a hell of a lot of stuff thats very different from EU/UK etc just within 1 hour drive of Melbourne. Within 3 or 4 hour drive you can get into desert in Victoria. Or Rainforest within an hour drive of melb.  Plus surf beaches within 1 hour @ 110Kph on freeways. Kangaroos on suburban golf courses within 20 minutes of CBD. And so on. Like everywhere  I suppose. Its  possible to do it all very cheaply here if you don't fall for the tourist stuff.

Maybe I'm a cheapskate, but I cant stand paying through the nose to see what I can see better on a TV doco.

We'll probably do Japan for two weeks for Around $5,000aud = 3,296.83 GBP for 2 all up.

We'll have a great time and stay for a week with a local in an out of the way mountain /coastal place in his house for a week as well as a week in Tokyo. We wont be going from place to place to see it all . But thats not my style anyway. I know people who are paying $7,000 each and not doing anything as interesting as we are.

Next time you want to travel here - I'll draw up an itinerary for you.

Last edited by fxh (2013-02-07 00:33:04)

 

#17 2013-02-07 04:02:35

Kingston1an
Member
Posts: 4181

Re: View on Japanese Yen

TV documentaries are the only way I would consider Third World countries - but Australia & New Zealand ain't Third World. No nasty diseases, or dodgy food, or possibility of major violence.

Melbourne and Perth and Adelaide were on my 'To Do' list along with New Zealand but unless the exchange rate changes I am unlikely to visit. China and South America instead.


"Florid, smug, middle-aged golf club bore in this country I'd say. Propping up the 19th hole in deepest Surrey bemoaning the perils of immigration."

 

#18 2013-02-07 19:47:46

fxh
Big Down Under.
From: Melbourne
Posts: 6159

Re: View on Japanese Yen

If you are going through HK consider a few days at least in Taiwan. Its underrated. No western tourists to speak of. Cheap, first world, interesting, more genuine temples than mainland and Chiang Kai Shek managed to snaffle most of the best treasures away from the mainland for the National Museum Taipei. Only 1.5 hours from HK.

Last edited by fxh (2013-02-07 19:48:45)

 

#19 2013-02-09 21:43:26

meister
Member
Posts: 1141

Re: View on Japanese Yen

Last edited by meister (2013-02-09 21:49:56)

 

#20 2013-02-10 00:08:56

fxh
Big Down Under.
From: Melbourne
Posts: 6159

Re: View on Japanese Yen

I should add re Taiwan- my daughter has lived there for just on a decade and I've visited many times - and also organised a visit by 30 Taiwanese artists to Australia amongst other things - I have now Taiwanese friends of all ages -  My daughter also speaks Mandarin very well, is politically involved to some extent, so is not your typical big nose with limited understanding of whats going on.

I'm happy to boost the place and give genuine advice about visits and itineraries if anyone asks.

 

#21 2013-02-10 04:24:43

formby
Member
From: Wiseacre
Posts: 8359

Re: View on Japanese Yen


"Dressing, like painting, should have a residual stability, plus punctuation and surprise." - Richard Merkin

Souvent me Souvient

 

#22 2013-02-10 07:51:49

4F Hepcat
THE Cat
Posts: 14333

Re: View on Japanese Yen


Vibe-Rations in Spectra-Sonic-Sound

 

#23 2013-02-10 08:55:46

Kingston1an
Member
Posts: 4181

Re: View on Japanese Yen

Well if New Zealand is like England was in the 1950s, as many people say, it would suit me down to the ground.


"Florid, smug, middle-aged golf club bore in this country I'd say. Propping up the 19th hole in deepest Surrey bemoaning the perils of immigration."

 

#24 2013-02-10 08:57:57

formby
Member
From: Wiseacre
Posts: 8359

Re: View on Japanese Yen

See if Sauron will grant you a visa.


"Dressing, like painting, should have a residual stability, plus punctuation and surprise." - Richard Merkin

Souvent me Souvient

 

#25 2013-02-10 11:39:08

4F Hepcat
THE Cat
Posts: 14333

Re: View on Japanese Yen

I am pretty much sure that mainland Australia is not the answer for a UK expat, the message I get from my colleagues there is that we have all well and truly missed the boat by about 15 years. But back in the early to mid-90s it was a working man's paradise compared with the likes of the UK, at least treble the wages with house prices a quarter of the UK. Swimming pools for everyone, like Johannesburg was in the 70s without the maids. Great if you bought property at that time.

But in saying the above, all my recent travels seem to confirm its time to make like Mr Sun Ra and Burroughs and look for that evolutionary jump off this cop ridden, globalista and Islamofacist ridden planet.


Vibe-Rations in Spectra-Sonic-Sound

 

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