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Gold/Mining/Energy : Big Dog's Boom Boom Room

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From: upanddown3/2/2007 3:25:14 PM
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Anyone else growing weary of Canadian energy investing?

$62 oil and $7.20 gas and it is like the end of the world in Toronto.

I thought the loonie was at least turning upward after a five-month decline against the buck but now it has again declined every day this week.

How the currency of a country with large budget and trade surpluses, energy independence and enormous reserves can ever decline against the currency of the world's biggest spendthrift is a puzzle to me.

If Canada can't figure out how fortunate they are, it might be time to move on.
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