SI
SI
discoversearch

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 : Ride the Tiger with CD
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GoldBull no bug here who wrote (99060)11/17/2007 11:13:36 PM
From: tyc:>  Read Replies (1) of 312999
 
I share your perplexity.

However, I have read, and it seems to me a good idea, to be guided by the market. Here is just one chart, showing the recent past and current situation of the Canadian dollar ( versus the American dollar). I perceve a similar chart for most other "currencies" including the metals you mention. Indeed I see their historic strength to be simply the mirror image of the weakness of the US $. But now the chart(s) suggest that the American dollar is strengthening (relatively).(The world wants it so).

One thought occurs to me, "hedging" linked to the Canadian dollar (i.e holding Canadian dollars) may not be as good a policy as it has been in the past. Which side of this chart would you rather be on ?

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News