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Strategies & Market Trends : The coming US dollar crisis
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To: RockyBalboa who wrote (5538)3/27/2008 12:38:25 AM
From: RJA_  Read Replies (1) of 71405
 
>>do you have any idea why the loon is so weak?

I got out of Looni when the new head of Canadian CB was appointed.

A former Goldman Sachs type, who's previous political appointee job was screwing US investors in the CanRoy take down.

I figure, he was recycled to do the same to the Loonie, and so far, seems so.

As we are Canada's biggest export customer, they need to be affordable in US, otherwise no buyers with all related consequences. Therefore political fix.

So far, Swissie working ok. Euro too, but don't trust it either.
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