Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Proud Deplorable who wrote (63894)	3/3/2009 9:21:15 AM
From: LLCF	of 78419

<Now that the Canadian economy is in the tank and manufacturing is being threatened there is no way the Canadian Govt will allow the CAD to rise..> You could say that about every currency on the planet... but the fact is all CB's KNOW that the US currency has been over printed and is overowned. Therefore at some level, unless they're just plain dumb as rails, that their currencies are going to rise against the $US. Most CB's aren't stupid enough to try and out print the US. IMHO, your opinion on $CD may be correct @ 1.50 or higher but the stuff printed on the front page of newspapers over the years... "strong CD hurting trade"... those headlines are being replaced by "global sell off in $US"... as we speak. Even the Canadian CB won't try and stop the $CD much before 1.50 IHMO. DAK

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