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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Canuck Dave who wrote (98385)	11/8/2007 4:49:04 PM
From: GoldBull no bug here	Respond to of 313662

Dave, and others - I imagine some products will respond quickly to currency changes, while others on long term contracts will lag by weeks or months. pretty scary what awaits dollar holders - stockcharts.com Don't give up on your gold and silver!

To: Canuck Dave who wrote (98385)	11/8/2007 5:46:13 PM
From: Rocket Red	Read Replies (3) \| Respond to of 313662

Today, Western Canadian Coal makes a little bit of an announcement telling us just how bad this is affecting the coal business, but if it is affecting coal, you can assume it’s happening in every other business that makes products in Canada and tries to sell in the U.S. From their report, Western Canadian Coal writes, “Since our fiscal year end, we have seen a 25% increase in the Canadian dollar relative to the U.S. dollar. On an annualized basis, this would impact our sales by over $50 million. Charts on many of the coal producers, show that this is hitting many of them at the same time. How bad can it get? Widely-followed commentator, Don Coxe who predicted a Canadian dollar breaking par years ago and more recently predicted the Canadian dollar hitting $1.10 suggests, “you ain’t seen nothing yet.” Well if that’s the case, there is going to be an awful lot of Canadian mining, oil and gas and manufacturing facilities that are either going to have to get leaner and meaner or they are in trouble