NZ dollar hits US76c. How does this affect you?

**scumdog** · 1st July 2007, 19:06

Originally Posted by bucket boy

im loving it getting parts in from u.s for my hot rods just finished my tricked out zx10 with dollar so good more people going over bringing back containers to fit parts in problem is wish list bigger than bank account

Not ANOTHER bloody hot-rodder on KB??

But yeah, at the moment the imported bits are affordable eh!

**tri boy** · 1st July 2007, 19:10

Originally Posted by Littleman

I'm modestly cashed up at the moment and looking to buy quality NZ shares whose share price is inversely related to the exchange rate, Fisher & Pykel Healthcare, Pumpkin Patch, GPG etc.....

So in respect of the initial discussion... not yet, but it will.

Maybe look at some Aussie resource stock, while the Kiwi is up.
So long as India and China develop, an require resources, Aussie Mining will continue to boom. Some of the new listings are showing considerable price growth.

May have to bling the scrambler with some T/bike cams.

with some of the gains.

**terbang** · 1st July 2007, 19:11

Suits me fine at the moment cos I'm going up there in Aug to have my daughter taught to fly. It just got cheaper.

**Littleman** · 1st July 2007, 21:56

Originally Posted by tri boy

Maybe look at some Aussie resource stock, while the Kiwi is up.
So long as India and China develop, an require resources, Aussie Mining will continue to boom. Some of the new listings are showing considerable price growth.

May have to bling the scrambler with some T/bike cams.

with some of the gains.

Feel free to PM me any suggestions and I'll do some homework on them.

I've generally kept away from all but the biggest of mining companies as anything else appears to be viewed as risky and too speculative.

How about directly investing in gold? Its usually bought in US curency so I may get a double whammy if you like when gold goes up and the dollar comes down?

**caesius** · 16th August 2007, 16:10

What a fun ride, up above 80 now back below 70. Exporters must be breathing again.

**rudolph** · 16th August 2007, 16:16

I couldn't give a rats ass

**caesius** · 16th August 2007, 16:23

It hits everyone indirectly IMO. Especially those with with money in the sharemarket. Interest rates, etc

**Hitcher** · 16th August 2007, 16:55

Shame that it's falling before New Zealand distributors start slashing the prices for new bikes.

**tri boy** · 17th August 2007, 10:34

US subprime mortgage lenders are in free fall. Fasten seat belts ladies and gentlemen.
Easy loans etc will quickly tighten up. Sensible investing for the medium term, and wise use of cash is the order for the next few quaters. Sun will still rise, and the moon will still appear.

**marty** · 17th August 2007, 17:45

i'm up to the states in 3 weeks to go to the Reno Air Racing - picking up a mates Buell XB12 in San Fran and riding over. I'm supporting an F1 race plane there.

I'm very glad to have bought US$2000 10 days ago, at 81 cents

**Swoop** · 18th August 2007, 12:34

Glad to see that the dollar has gone down and almost immediately afterwards, the petrol mafia put the prices up.
Did we see it come down in price when the dollar was strong.....

Originally Posted by marty

...the Reno Air Racing - picking up a mates Buell XB12 in San Fran and riding over. I'm supporting an F1 race plane there.

Are the NZ Thunder Mustang guys going up there again this year?

**marty** · 18th August 2007, 13:31

they're registered, so i presume they're racing!

hopefully i don't get too carried away and come back with a F1 plane in my pocket......

**Swoop** · 18th August 2007, 15:41

No wonder I can't get my backseat ride with them.....

**Sollyboy** · 19th August 2007, 11:58

Originally Posted by tri boy

US subprime mortgage lenders are in free fall. Fasten seat belts ladies and gentlemen.
Easy loans etc will quickly tighten up. Sensible investing for the medium term, and wise use of cash is the order for the next few quaters. Sun will still rise, and the moon will still appear.

You can feel it coming like in the late 80s , it caught me off guard that time but this time i buffered myself well, get ready for people to start selling off their luxury items like bikes and boats cheap , caravan prices will probably go up as there will be a surge of relatives parking them in the front of eachothers houses as permanent living