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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (66375)	7/23/2009 11:16:12 PM
From: tyc:>	Read Replies (3) \| Respond to of 78413

Tom, The news tonight from Canada is that our central bank is threatening to enter the currency markets to prevent the Canadian dollar from rising further against the US$. The US is our prime customer and to let the C$ go higher threatens the recovery of our export industries. Seems to me the only way he can do this is to buy US$. It seems to me that Canada is not alone. One can understand how even China would not like to see the US$ in a free-fall, for the same reasons.