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Strategies & Market Trends : Ride the Tiger with CD
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To: Proud Deplorable who wrote (16585)10/20/2004 1:36:14 PM
From: Bruce Robbins  Read Replies (2) of 312555
 
Full of it- IMVHO, the only reason the C$ is going up is because there is a flight from the US$ into a basket of currencies. Nothing has gotten any better in Canada (debt, interest rates, government, etc). I am waiting for the day that traders fly from the US$ into gold and other hard assets, instead of other currencies. That'll be the day the ole Canuck-buck will go into the shitter faster than you can cry "Mommy". If I had a choice between US$, C$ and Euro, I would pick Euro. At least it has more gold backing than the other two.

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