While US customers might be slowing down, other countries may have been
increasing. Many of the other currencies are up considerably like the
Canadian, Australian, New Zealand, Euro, etc.
Markets and circumstances change... they always have... they always will.
For example, 6-7 years ago Unclassified NWA's sold for say $3/g+ on eBay. At
that time the Australian Dollar was worth about US$0.49. Today it's worth
$0.93 and holding strong. And those same quality meteorites can sell for
US$0.10/g now. That's means today, a 9g meteorite costs me ~AUS$1 whereas 6
years ago it may have cost me AUS$50+.
Clearly, that's a very simplified view of it but I guess what I'm trying to
say (in this late hour;-)) is that the market is what it is and people will
pay what they feel comfortable to pay. That is the basic truth of it.
Cheers,
Jeff
----- Original Message -----
From: "habibi abdelaziz" <[EMAIL PROTECTED]>
To: "meteorite list" <[email protected]>
Sent: Tuesday, April 08, 2008 11:44 PM
Subject: [meteorite-list] Effect of fall of dollar against Euro/ dirham's
hi all ,
considering the fall of the dollar ,
the nwa market is affected by the dollar rate, as a fact we buy meteorite
in an expenssive euro from all africa,
and with a high dirhams;
and we have to sell to the biggest market that is , usa and canada,
as all the collector may observe , there is two month that morrocan dealer
slow sales , because of the rate of the dollar,
many dealer coming from tucson show lost in the rates exchange,
let's hope the dollar will be back high , if not and the trend of the
dollar continue this way ; we will have a closed market in nwa.or an
expenssive meteorite market.
the dollar was last year 8.9 dirhams and today the dollar is 7.1
dirhams.that's 20% losses.
my best
aziz habibi
habibi aziz
box 70 erfoud 52200 morroco
phone. 21235576145
fax.21235576170</font>
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