Gold and Silver Juniors, Mid-tiers and Producers Message Board

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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Condor who wrote (61821)	10/22/2008 9:07:39 AM
From: tyc:>	Read Replies (1) of 78410

>>"In 1997-2000 it worked extremely well for me buying US stocks." Interesting. Would you tell us more ? If it was profitable buying US stocks with C$, it must be that this was a period in which the US$ outperformed th C$. This is happening now; do you see it continuing into the future ? This morning the C$ is worth less tha US$.80c. How low do you see it going ? (After 2000, the Canadian dollar started climbing reaching a high of US$1.10. For anyone bullish on American stocks who sees the C$ strengthening from here, look at XSP.to. This ETF is designed to perform the same as the S&P500, but in (stregthening) C$'s)

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