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Were you not the one crying about paying 100 baht for a beer in a gogo bar not too long ago?[emoji848]



WHAT!!! Who paid 100 baht for a beer in a go go bar? I believe go go bars are mostly just in Bangkok. I pay less than 100 baht for my favorite kinds of imported beer here in Korat. 120 baht max depending on the restaurant if it’s Corona, Guinness, and a few other kinds. 80 baht for a Beer Lao if I remember right. Although there is one fancier place that I remember was charging 200 baht just for a Corona I don’t know if that’s still the same because we haven’t been back there for a while. Right now I’m down with the flu or influenza so I don’t even want to think about anything else except water.


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Posted (edited)
1 hour ago, Mavideol said:

thanks, told that to my wife (she's a gold investor freak) and she didn't believe me

in 2009 I paid 13800 baht for a 1 baht gold chain , today price for 1 baht gold is 19400 baht, show me your wife is  not right ,... explain me ? 

I think more you try to deceive her , so you don't have to buy more for her ….:cheesy:

Edited by david555

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31.58 right now against USD.........EXPLAIN how that relates to rising fast


In fact it hasn’t really budged in the last few years at all except to decline a little bit once in a while. Bottom line the OP is wrong period. I just didn’t want to be so blunt about it.


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It’s actually staying about the same and it declines a little bit once in a while honestly no the baht isn’t rising fast in fact it’s not really going anywhere. It’s risen a little bit over the last 10 years I guess you could say that lol.


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8 hours ago, makecoldplayhistory said:

It's not bad news if you're earning baht. Pretty good, really. 

only good if you're moving it out the country.

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Posted (edited)

what none of you have mentioned is about how much the elite make from a strong baht sending money abroad, car companies etc are complaining but have you seen the central bank trying to control the rate? 

it's deliberate, imagine how much money the rich elite are making transferring abroad for the future?

Edited by sandrabbit
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17 hours ago, mshs said:

It's been rising since the floods of 2011.

 

- Nature attempts to claim back the farmlands bringing silt and gooey-glop to the auto-plants.  Royal Thai govt. extends tax-holiday and other subsidies in an effort to restart the auto-plants.

- At about the same time, Kiwi dollar commences it's lower-rates cycle. (Currently, Kiwi rates on par with Aussie and lower than Looney and the Greenback.)

 

In response to the above 2, Japanese money-centers switch from +Kiwi /-Yen to +THB/-JPY.

A strengthening THB attracts the weaker Euros, Brexiters into Thai "property" or THB strengthening the THB further.

 

Looks like the THB is very tightly wound.  And could stay wound for a very long time, perhaps a decade from here.

Or it could unwind tomorrow, suddenly like it did in 1997 when lacking foreign reserves to support the peg (25 to the dollar), the THB was floated, bringing Hedge-Funds into the picture, driving down the THB to 56 to the dollar in 6 months.

Those were the days!

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18 hours ago, mshs said:

It's been rising since the floods of 2011.

 

- Nature attempts to claim back the farmlands bringing silt and gooey-glop to the auto-plants.  Royal Thai govt. extends tax-holiday and other subsidies in an effort to restart the auto-plants.

- At about the same time, Kiwi dollar commences it's lower-rates cycle. (Currently, Kiwi rates on par with Aussie and lower than Looney and the Greenback.)

 

In response to the above 2, Japanese money-centers switch from +Kiwi /-Yen to +THB/-JPY.

A strengthening THB attracts the weaker Euros, Brexiters into Thai "property" or THB strengthening the THB further.

 

Looks like the THB is very tightly wound.  And could stay wound for a very long time, perhaps a decade from here.

Or it could unwind tomorrow, suddenly like it did in 1997 when lacking foreign reserves to support the peg (25 to the dollar), the THB was floated, bringing Hedge-Funds into the picture, driving down the THB to 56 to the dollar in 6 months.

Hedge your bets?

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5 hours ago, Mavideol said:

thanks, told that to my wife (she's a gold investor freak) and she didn't believe me

why should she believe you? our wives know <deleted> everything better than we do. :laugh:

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On 5/15/2019 at 10:01 PM, donnacha said:


Terrific idea. Do you have his phone number?

You might be able to catch him at a McDonald's Drive Thru

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46 minutes ago, sandrabbit said:

what none of you have mentioned is about how much the elite make from a strong baht sending money abroad, car companies etc are complaining but have you seen the central bank trying to control the rate? 

it's deliberate, imagine how much money the rich elite are making transferring abroad for the future?

your insight seems to indicate that you belong to this elite. or are you just rehashing barstool fairytales heard from envious poor Farangs?

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