Scuderia values?
Mar 15, 2011 | 12:50 PM
#31
Rolex Fanboy
Joined: Feb 2008
Posts: 8,638
From: In a dream....please don't wake me
I know nothing of the economics I just found it really interesting when I tried to see what your pound was trading for vs our dollar.
Mar 15, 2011 | 12:56 PM
#32
Teamspeed Pro
Joined: Jan 2008
Posts: 8,839
From: London, formerly LA
Honestly - that chart is absolute bollocks IMO.
If anything i think the pound will increase against the $ in a stark contrast to that chart. My reasoning for this is due to the fact that the BOE (Bank of England) will more than likely increase interest rates in May to curb inflation and the amount of paper that you guys have printed is just insane and i can't see the $ going anywhere but down, especially in relation to the pound.
If anything i think the pound will increase against the $ in a stark contrast to that chart. My reasoning for this is due to the fact that the BOE (Bank of England) will more than likely increase interest rates in May to curb inflation and the amount of paper that you guys have printed is just insane and i can't see the $ going anywhere but down, especially in relation to the pound.
Mar 15, 2011 | 01:26 PM
#35
Teamspeed Senior Member
Joined: Jan 2008
Posts: 765
From: Austin, TX
I just can't see that happening. When I lived in England 92-93 the exchange rate was 1.43 to the dollar, and that was insane.
Mar 15, 2011 | 02:37 PM
#37
Banned
Joined: Jun 2008
Posts: 4,846
First OFF whomever said the economy is getting better IT's NOT. We have yet to see a 2nd wave of foreclosures that will slam housing even lower. Low enough hopefully to spark another round of buying. Who knows when it will happen and who knows if these foreclosures and low housing rates will create another round of people walking away from their homes. This will make our economy even worse and will force all assets down another notch on the value chain.
THE DOW JONES IND DOESN'T FORECAST A RECOVERY. My industry is still DEAD and will take years to recovery which affects 20% plus of our nations workers.
Thread Jack over.
THE DOW JONES IND DOESN'T FORECAST A RECOVERY. My industry is still DEAD and will take years to recovery which affects 20% plus of our nations workers.
Thread Jack over.
Lots of valid points, absolutely right that cars will depreciate less as things get better. I said that about the economy and on that note your industry ≠ the US economy. I (we) understand your industry is sucking wind, but that doesn't mean the entire economy is. By the numbers, it is in fact improving to a degree. Just to make sure my point is clear, I got out of a meeting an hour ago with a machinery supplier who stated business is in fact picking up for many of his customers... If you need more direction rather than me opining on the matter, you are free to review data here U.S. Bureau of Economic Analysis (BEA) - bea.gov Home Page it should provide everything you need.
As far as pound falling against dollar I've never understood what's propped the pound up given the size of the UK and also the fact they don't really produce anything in comparison to the US or China. From a forecasting perspective though that chart makes ZERO sense and it looks to be very far from sound. I'm not too familiar with the UK's real estate market but I do know it was every bit as inflated as ours... Maybe that's part of it.
Last edited by cstroked; Mar 15, 2011 at 02:40 PM.
Mar 15, 2011 | 02:50 PM
#38
Rolex Fanboy
Joined: Feb 2008
Posts: 8,638
From: In a dream....please don't wake me
Plenty (relatively speaking of course) of CS's out there for under 140k.
Lots of valid points, absolutely right that cars will depreciate less as things get better. I said that about the economy and on that note your industry ≠ the US economy. I (we) understand your industry is sucking wind, but that doesn't mean the entire economy is. By the numbers, it is in fact improving to a degree. Just to make sure my point is clear, I got out of a meeting an hour ago with a machinery supplier who stated business is in fact picking up for many of his customers... If you need more direction rather than me opining on the matter, you are free to review data here U.S. Bureau of Economic Analysis (BEA) - bea.gov Home Page it should provide everything you need.
As far as pound falling against dollar I've never understood what's propped the pound up given the size of the UK and also the fact they don't really produce anything in comparison to the US or China. From a forecasting perspective though that chart makes ZERO sense and it looks to be very far from sound. I'm not too familiar with the UK's real estate market but I do know it was every bit as inflated as ours... Maybe that's part of it.
Lots of valid points, absolutely right that cars will depreciate less as things get better. I said that about the economy and on that note your industry ≠ the US economy. I (we) understand your industry is sucking wind, but that doesn't mean the entire economy is. By the numbers, it is in fact improving to a degree. Just to make sure my point is clear, I got out of a meeting an hour ago with a machinery supplier who stated business is in fact picking up for many of his customers... If you need more direction rather than me opining on the matter, you are free to review data here U.S. Bureau of Economic Analysis (BEA) - bea.gov Home Page it should provide everything you need.
As far as pound falling against dollar I've never understood what's propped the pound up given the size of the UK and also the fact they don't really produce anything in comparison to the US or China. From a forecasting perspective though that chart makes ZERO sense and it looks to be very far from sound. I'm not too familiar with the UK's real estate market but I do know it was every bit as inflated as ours... Maybe that's part of it.
When Americans are working again I will be happiest. But hell I'm definitely a pessimist.
Mar 15, 2011 | 02:52 PM
#39
Rolex Fanboy
Joined: Feb 2008
Posts: 8,638
From: In a dream....please don't wake me
EDIT: 33 CS's for sale right now with average asking price of 145k
Last edited by h20skier; Mar 15, 2011 at 03:10 PM.
Mar 15, 2011 | 04:09 PM
#40
Banned
Joined: Jun 2008
Posts: 4,846
Plenty LOL...I will get you the actual total number with the exact average pricing. There is only one good CS under 120k that's worth while. They've done a good job of holding value with their cult like following.
EDIT: 33 CS's for sale right now with average asking price of 145k
EDIT: 33 CS's for sale right now with average asking price of 145k