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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Broken_Clock who wrote (91449)	10/4/2007 2:15:43 AM
From: elmatador	Respond to of 206121

Gasoline follows the international prices unless you're in Venezuela, Iran, Indonesia or Nigeria and prices are subisidized and distorted. Brazilian Real appreciated more than 70% against the US so the price in USD climbs too... The beauty of those USD75 your friend spent is that no one cent has gone to the OPEC! Petrobras oil and Brazilian ethanol. The money circulates inside Brazil and doesn't go away. Better! We got your friedn's USD and injected then into Brazil's economy!! Let's see if he made a good deal with his USD75. One liter of gasoline is: R$ 2.479x3.7=9.1723 Brazilian Real/gallon 9.1723 Brazilian Real = 5.03751 US Dollar per gallon 75 / 5.03751 = 14.8883079 gallons in his puny Fiat He put 55 liters of gasoline in the Fiat. Fiat makes 12Km on the road, he drove 660km with these USD75. If drove only in the city -consumption 10Km/liter- he drove 550Km in the city. How much would he had spent for this drive in the US? USD75 to drive around 550Km inside town is cheap. The problem of your friend is that they used to work in the US get USD and buy lots of stuff in Brazil now with the Real high, their USD buys less stuff in Brazil. The problem of Brazil is that they don't have enough guys like Elmat...