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Old 21-10-2008, 04:49 AM   #16
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Re: AUD Depreciation

The good news is that this closes the price gap somewhat between US and Australian hosting. We might see more customers at the low end of the market spend their $$$ here instead of OS.
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Old 22-10-2008, 10:46 PM   #17
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Re: AUD Depreciation

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Originally Posted by Crucialp View Post
Hey Guys,

I've read that the mean value for the AUD is between .70 - .80 USD, i honestly don't see it being any higher than that as well, we had a great little stint not long ago but that was never going to last! The US economy is some issues at the moment but it will bounce back.
Bouncing back with a trillion dollars debt is gonna be a hard slog.

At the moment the USD controls a lot of things, notably resources (ie. commodities) which Australia is heavily tied to. From my perspective that means the Australian dollar gets burnt and why a lot of the economy moves with the U.S. market.

I reckon the whole world is getting to a point where the states is going to become less relevant and have less of an effect on every other market. EU is going through it's own fun but in doing so is kinda getting it's own unique movement about it. Either that'll mean the USD eventually plummets or things start getting traded in a different currency (we've got a bit of gold don't we?).

Just my 2c and I ain't a financial adviser!

Stu
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Old 22-10-2008, 11:12 PM   #18
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Re: AUD Depreciation

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Either that'll mean the USD eventually plummets or things start getting traded in a different currency
All ready happening!

Iran won't accept the green back anymore.

So what happens when the $USD is worthless buy Euros and Yen! Yen would be useful around these parts
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Old 23-10-2008, 08:05 AM   #19
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Re: AUD Depreciation

Ha,

Quote:
"The dollar has totally been removed from Iran's oil transactions," Oil Ministry official Hojjatollah Ghanimifard told state-run television Wednesday. "We have agreed with all of our crude oil customers to do our transactions in non-dollar currencies."
Australia has heaps of uranium, why don't we buy our oil in that? Iran would be giving huge discounts if we did.

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Old 23-10-2008, 08:14 AM   #20
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Re: AUD Depreciation

Haha - good one!

I don't think we need more reasons to send more troops over there, as much as what I believe in sending them over there to defend our country - i don't think uranium would be to go about it :P

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Old 23-10-2008, 09:26 AM   #21
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Re: AUD Depreciation

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Australia has heaps of uranium, why don't we buy our oil in that? Iran would be giving huge discounts if we did.
The Americans tell us who we can sell our uranium too...
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Old 23-10-2008, 09:28 AM   #22
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Re: AUD Depreciation

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The Americans tell us who we can sell our uranium too...
Yes and the sad part about that is our government listens to them
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Old 23-10-2008, 09:39 AM   #23
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Re: AUD Depreciation

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Yes and the sad part about that is our government listens to them
This was one thing I hated about Howard. Rudd is twice as bad
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Old 24-10-2008, 07:36 PM   #24
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Re: AUD Depreciation

The Australian peso plummets again. The 2:1 target still looks on track (ie .50 USD). Australia is becoming an island you won't be able to afford to leave .
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Old 24-10-2008, 10:12 PM   #25
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Re: AUD Depreciation

Hmmmmm, maybe people will start buying Australian made when that happens.
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Old 25-10-2008, 08:13 AM   #26
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Re: AUD Depreciation

looking a but too much like th $AU is goin to be 50c or below soon, doubling the cost of my servers...
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Old 25-10-2008, 10:10 AM   #27
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Re: AUD Depreciation

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looking a but too much like th $AU is goin to be 50c or below soon, doubling the cost of my servers...
Time to look at hosting in Australia than
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Old 25-10-2008, 10:13 AM   #28
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Re: AUD Depreciation

Hmmm Still won't the prices for parts being going up for hosts, so they will need to make up for that some how?

Althought in the long rong it will make it cheaper = )

Chris
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Old 25-10-2008, 10:17 AM   #29
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Re: AUD Depreciation

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Hmmm Still won't the prices for parts being going up for hosts, so they will need to make up for that some how?

Althought in the long rong it will make it cheaper = )

Chris
Depends - Australia doesn't buy server parts in USD, generally AUD from a major importer etc, so they generally come from within Asia...

I've got a feeling that Dell will increase their servers soon so that Dell Inc keeps their Oceanic sales up when converting to USD at the end of each US quarter.
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Old 25-10-2008, 10:21 AM   #30
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Re: AUD Depreciation

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Australia doesn't buy server parts in USD
Doesn't mean they won't go up

I no that parts from places like www.centrecom.com.au have gone up heaps.

For example Q6600 from $209 early this year

And now $305 although it may also depend on who we get our parts from.

I guess it all comes down to who we get our parts from, if we cut out the us section of the supply chain out we should be alright
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