Mish's Global Economic Trend Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Mish's Global Economic Trend Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Knighty Tin who wrote (21858)	1/20/2005 5:09:30 PM
From: Tommaso	Read Replies (2) of 116555

>>>Yes, but if the Canuckistani dollar goes up faster than the resource prices, there can be a crunch in margins.<< So far it hasn't. Just in terms of energy, oil and natural gas have doubled (in USD) while the loonie has gone up about 30%. I see the loonie partly as a commodity-backed currency. I agree with Buffet on the future of the USD. Anyway, I like to be paid in loonies. The margins are someone else's problem. Actually anything imported for business purposes gets cheaper and cheaper for Canadians. A strong currency is not a bad problem to have.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next