SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: JHP who wrote (195721)10/6/2002 10:56:59 PM
From: Simba  Read Replies (1) | Respond to of 436258
 
JHP,

You are correct the USD is up against the REAL. But Gold is up against the dollar in the same period. Brazilians would have benefited having gold or USD than REAL but with Gold they would be better than in USD. Now this could change for the better or worse in the future depending on what Gold-USD-Real rates are.

Simba



To: JHP who wrote (195721)10/6/2002 11:07:21 PM
From: Bid Buster  Respond to of 436258
 
i gotcha..my pea brain was thinking you said the real up against the dollar not the dollar up against the real...but how many brazilians could convert after their accounts were frozen?
but the question really now is how much is gold up against the real?


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News