When Will The Peso Hit 10?

[Churchill]

If the government devalues the peso by say 40% to say 7-7.50, will the dollar blue just fall down to that same rate provided the market thinks the % is right?

Just seems that the blue will only keep rising so far before the government has to intervene and now seems like maybe a good time to cash in some dollars???

Forgive my obvious ignorance!

 

[Joe]

The Clarin headlines of 10 pesos is a real embarrassment to the government. Who knows, but at this very moment the AFIP Swat teams could be fanning out in Micro-Center to arrest all the employees and customers of the cuervas and arbilitos. The Perma tourists would get a special red mark in their passport as black marketeers when they are deported. Then the teams would fan out across the Capital based on the list of Xoom users and confiscate all the currency they have in their house as evidence of their Black Market crimes as illegal booty. You could call it an AFIP Booty Call.

 

[shoush]

Oh joe! Your posts always seem to get me laughing!
I don't feel like a criminal trying to get the best price on my flight to get back to Argentina. nor do I feel guilty! I make pesos here, therefor would rather pay in pesos. Either way I would what's wrong with trying to save a little cash joe baby?

 

[shoush]

Oh joe! Your posts always seem to get me laughing!
I don't feel like a criminal trying to get the best price on my flight to get back to Argentina. nor do I feel guilty! I make pesos here, therefor would rather pay in pesos. Either way I would what's wrong with trying to save a little cash joe baby?

 

[Rich One]

The Clarin headlines of 10 pesos is a real embarrassment to the government. Who knows, but at this very moment the AFIP Swat teams could be fanning out in Micro-Center to arrest all the employees and customers of the cuervas and arbilitos. The Perma tourists would get a special red mark in their passport as black marketeers when they are deported. Then the teams would fan out across the Capital based on the list of Xoom users and confiscate all the currency they have in their house as evidence of their Black Market crimes as illegal booty. You could call it an AFIP Booty Call.

You make me laugh, Joe great sense of humor...!! your hate and anger is focused only on Perma tourists, not on resident expats? The movers and shakers of the illegal market are Argies and corporations that move millions. What makes you so angry? Shake your Booty...

 

[Ceviche]

What makes you so angry? Shake your Booty...

Rich one , funny post!

 

[ajoknoblauch]

lol that's mean, peso finally went up at the beginning of feb.
Only the ones who don't predict anything can't be wrong (as for predicting the dollar will go up, easy stuff).

Everybody knows the surge of the dollar is merely seasonal. Didn't Moreno tell us that? Or was it Boudou? Or Cristina herself?

 

[Joe]

You make me laugh, Joe great sense of humor...!! your hate and anger is focused only on Perma tourists, not on resident expats? The movers and shakers of the illegal market are Argies and corporations that move millions. What makes you so angry? Shake your Booty...

My back is aching, my bra too tight.
My booty's shaking from the left to the right.
My back is aching, I'm so in love.
Baby all I know is you got me good.

http://www.youtube.com/watch?v=F5BsvBR14xM

My favorite song in the gym now.

 

[shoush]

woooow joe, your more "flojo" then i though

 

[GS_Dirtboy]

Damn. I was sure it was today at 3:34 pm! I need a new crystal ball! This one sucks. Plus, I can hardly see anything through all that fake snow!