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THEY were wrong

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l39parts(at)hotmail.com
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Posted: Fri Jan 09, 2009 4:23 pm Post subject: THEY were wrong

Whoever the THEY was that predicted parity between the dollar and the yuan missed by quite a bit.

  

     Chinese Yuans to 1 USD (invert Cdata)          120 days latest (Jan 9)

6.83557 lowest (Aug 26)

6.78 highest (Dec 1)

6.8842

Doug C  I agree with your comment (in July) that the US is/was on the edge of being in very deep poop.  It might be a little past the edge right now.  Have you tried to buy any gold lately?  There's a waiting list for foreign coins and the crappy US coins are out of production due to "a shortage of blanks".



   

 Date: Sun C 20 Jul 2008 14:43:08 -0700

From: dougsappllc(at)gmail.com

To: yak-list(at)matronics.com

Subject: Re: Re: Different Props for Housai

  Ron C 

 You miss the point.  THEY think that par or close to par is in fact going to happen C rather is does or does not is not the issue.  Because of this belief they are either refusing to sell C (waiting for the big bucks) C or have jacked up the price on most items 20% to 30% and 40% on selected items.  To the Chinese seller of aircraft parts C you are akin to Bill Gates C and you have so much money that another 20% to 30%  will not stop you from buying parts.  They read Trade a Plane too.  They are eager to site the doubling of fuel prices not stopping us from driving our big cars.  Right or wrong it's all about perceptions.  And yes you are correct C the RMB is only worth 0.1455 cents to our Pacific Peso today C but not too long ago it was only worth 0.05!!  These folks are poised to eat our lunch C I have been in this game nearly 20 years C am in China at least once a year every year and have seen the changes.  Believe me my friend when I say that we are right on the edge of being in very deep poop!  

  

  

 

 

 On Sun C Jul 20 C 2008 at 12:15 PM C Ron Davis <l39parts(at)hotmail.com (l39parts(at)hotmail.com)> wrote:

  	  Quote: 	
		   Par by Christmas?  Who's talking about the rmb C currently worth 14 cents C being worth a dollar by Christmas?  That would put Wal-Mart out of business.  The chances of that are less than the chances of Hillary becoming McCain's VP.



  Date: Wed C 9 Jul 2008 17:10:36 -0700

From: dougsappllc(at)gmail.com (dougsappllc(at)gmail.com)

To: yak-list(at)matronics.com (yak-list(at)matronics.com)

Subject: Re: Re: Different Props for Housai



 Craig C

 You can buy a surplus aircraft with a 0 time engines?  I can't find them for around 40K?  50K maybe.  Most of the aircraft imported latley are timed out by Chinese standards C engine 500 hours C and airframe (at) 3800 to 4000 hours.   If you want a 500 hour engine there is no need to go to all that bother C they are all over the US for 3-4K.

  

 No unfortunatly the days of the 10K 285 is long gone.  If you can buy one for 15 to 18K take my advice and do it C  2 years or less you will thank me.  M14P's are pushing 25K and the rmb is still gaining strength aginst the dollar.  They are talking about par by Christmas C you do the math.

  

  

  

 

 

 On Wed C Jul 9 C 2008 at 4:39 PM C Craig Winkelmann C CFI <capav8r(at)gmail.com (capav8r(at)gmail.com)> wrote:

  	  Quote: 	
		  --> Yak-List message posted by: "Craig Winkelmann C CFI" <capav8r(at)gmail.com (capav8r(at)gmail.com)>



At those kind of prices for engines C we can buy a surplus aircraft C take the engine and part out the plane and be ahead of the game.



Craig





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