forum economists, yen vs AUD?

Discussion in 'Open Discussion' started by lefty, Jul 8, 2013.

  1. lefty

    lefty Mu-43 Regular

    So i have a friend from japan coming to visit in December. I find on a new PL 25 lens for $450 aud .They retail for over $600 here. Downside is i have to wait 5 months before I can get my hands on it. In the meantime I will 'make do' with my P20 :redface:
    Should I buy the PL25 now or wait a few months in case the exchange rate gets better .?
  2. kurt1968

    kurt1968 Mu-43 Regular

    Oct 30, 2012
    actually , it may be wiser now to buy some bullion gold , coins or bars.
    If hyperinflation should come , you won't be able to eat a lens :)

    Good to read jsminesetDOTcom
  3. GaryAyala

    GaryAyala Mu-43 Legend

    Jan 2, 2011
    Gold bullion taste really good. I have next to my beef bouillon.
  4. flash

    flash Mu-43 Hall of Famer

    Apr 29, 2010
    1 hour from Sydney Australia.
    or you could spend $30.00 on insured shipping and have your lens next week. That's 6 lattes, which is my peronal exchange based currency.

  5. Most Australian economists expect the AU$ to drift downwards further which will erode the savings you'll make by waiting (how much is the question but it's a factor to be considered if you're looking to buy for the cheapest total cost).