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  1. Rich One

    The Friday before Sunday

    Sunday Eve, 21:00 dollar Crypto down almost 6% to $1.446..... Well, tomorrow time to buy dollars?
  2. Rich One

    The Friday before Sunday

    Ministro Caputo said yesterday that $1500 was a fair value for the Dollar, so assuming he's being conservative to avoid panic, perhaps the dollar will see much higher values.
  3. Rich One

    The Friday before Sunday

    The voter surveys show that LLA may win by a few points (Chances less than 50 %) If I had pesos I would buy dollars. No panic. According to my crystal Ball, the dollar Monday will open within the established top FX bracket, however during the week will start climbing requiring the US Treasury...
  4. Rich One

    Argentina Peso Sinks to Record as Traders Brush Off US Aid

    The approved copper mine startup dates are clearly optimistic.
  5. Rich One

    Cost of living in Argentina for foreigners improving?

    Sorry, I had forgotten about your exact location..!
  6. Rich One

    Cost of living in Argentina for foreigners improving?

    Excellent data in pesos as sold by supermarkets here. The dollar price equivalents depend on the dollar rate on that date. Also your pricing in Bahia Blanca? may be very different than our Disco super in Recoleta.
  7. Rich One

    Cost of living in Argentina for foreigners improving?

    Correct . However most expats quote supermarket price changes in pesos. Rarely they convert to dollars at the Blue FX of the dates observed, to be precise. A week ago I got $1561 pesos from WU today it's $1461, So in dollars prices went up more than 6%. Without taking into account seasonal...
  8. Rich One

    Cost of living in Argentina for foreigners improving?

    Exactly, well said... Prices in Pesos won't drop, may go up.
  9. Rich One

    Cost of living in Argentina for foreigners improving?

    Glad you asked ? Someone with a different viewpoint is uninformed? I have an honorary degree in Argionomics. Consumer Prices in pesos won't drop. Prices in dollars most likely will. Consumer Prices in Pesos won't drop. However depending on Uncle Scott's intervention in the FX, Prices in...
  10. Rich One

    Cost of living in Argentina for foreigners improving?

    Prices will drop ? I sincerely doubt it.
  11. Rich One

    I just went Bariloche and a Big Mac cost me 13,000 pesos

    After all these depressing news about super foods here costing more than in London, my decision is to buy as little as possible then a recession may ensue, hence the peso will Devalue big time.
  12. Rich One

    Trump says US will not 'waste our time' helping Argentina if Milei loses

    Milei invested millions in trips to the US , (perhaps ten), to get President Trump's unconditional support. Well Milei's life goal was to obtain a photo with Trump inside the Oval Office, he didn't succed instead he was invited for luch with 50 news persons, for 56 minutes, asking 26 questions...
  13. Rich One

    Trump says US will not 'waste our time' helping Argentina if Milei loses

    It's a bottomless pit the original IMF Dollar loan gone, the $20 billion reinforcement fom the IMF also gone, now the US Treasury mentions an additional $40 billion aid Fund or swap.. Obviuosly, Trump was confused after a sleeples night on the AF One flying from Egypt, He sure meant that if...
  14. Rich One

    Cost of living in Argentina for foreigners improving?

    The butcher mentioned worries about the total peso sale, not individual cut prices. He needs to set money aside to go to Mar del Plata with the family in Summer. He travels to poorer barrios to buy prime cuts from other butcher shops (lomo, ojo de bife, and bife the chorizo) at firesale prices...
  15. Rich One

    OpenAI, Sur Energy to build AI data center in Patagonia

    Maybe soon OpenAI will release a timeline and an estimate of new jobs to be created
  16. Rich One

    Cost of living in Argentina for foreigners improving?

    Here when the local butcher sells less he increases the prices.???
  17. Rich One

    Cost of living in Argentina for foreigners improving?

    Is not in the genes, local merchants, won't lower prices/margins to "compete" Only will try promotions, 12 payments, 3x2, 70% discount on second unit, etc. Imports from Mercosur are currently priced perhaps 10 % below local prices, with higher margins. It will play out like during Menem's...
  18. Rich One

    Cost of living in Argentina for foreigners improving?

    The article points out a dollar value of $1.551 for end 2025..? Willing to bet that the dollar will be much higher after the elections in October. WU rate last week was $1561.10 Ars per dollar.
  19. Rich One

    Electric Bill unexpectedly high

    Well as ex President Macri suggested (was criticized) "don't run arround the house barefoot and musculosa /undershirt". Save energy dress up
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