Lost my butt trying to pick a Zimbabwe dollar low

Discussion in 'Forex' started by daddyeaux, Jun 6, 2008.

  1. achilles28


    Robert Mugabe is an absolute piece of trash.

    That guy raped the country, stole every bit of private wealth and condemned Zimbabwe to decades of unnecessary poverty and hardship.


    To wipe out his political adversaries. No money equals no power.
  2. is there a futures contract for this pair?
  3. I doubt it...

    when a loaf of bread costs Z$600,000,000

    you just gotta start eating grasshoppers
  4. bxptone



    Lol kinda sounds like what Bush did and where he has us headed!
  5. FxPro2


    Africa is a difficult continent to try to play forex in. I'm from nigeria, and even just getting a broker is a total pain, the amount of scams and fake money managers is insane. I even created a website to try to take down some of the scammers. Here is the link


    Tell me what you think, I'm very open to suggestions
  6. That's probably why they look for managers elsewhere!

    There's an awful lot of money in SA that has trouble finding suitable investment vehicles, also I think there's a limit on how much money can be sent out of the country in any one year isn't there? And isn't currency speculation illegal in SA or is it just speculating against the Rand that's illegal?
  7. Yesterday this man in the capital Harare was barely able to carry the vast amount of money he needed for a simple shopping trip to buy groceries.

    On paper he was a millionaire several times over.

    Unfortunately, his Zimbabwean dollars are not worth the paper they are written on in a country where 25million of them was worth just one U.S. dollar yesterday ? a new low.

    If he had time to count out 25million of his dollars it would be the equivalent of 50p, barely enough to pay for a can of drink or a loaf of bread.

    <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1949374>

    Simply disgusting what a fucktard Robert Mugabe is.