Go to your favorite financial site and see for yourself
American Dollar is quickly climbing back up!!!!!!!!!!!!
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American Dollar is quickly climbing back up!!!!!!!!!!!!

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sorry maybe i rushed the gun on that one.... it is happening to the canadian dollar though

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i dont know how much trust there is to this but i have heard alberta there is a 15 year slowdown when it comes to drilling.
this is supposed to have a direct relation to the falling american dollar.
so this must obviously affect canadians because americans our such big importers.
i am no economist but his is what i have heard.Comment
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I read today that the latest U.S. consumption report was better than expected, maybe that plays a role here (if it IS climbing, to lazy ATM to check it out).
Oh, how much better..? 0.2% instead of the 0.1% that was expected...
Lol.. gotta love the market psychology.
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There is no question the rise in the Cdn dollar has affected the amount of drilling done this year. Also going to crush the Alberta economy is the royalties put into place starting 2009. As a result you have Sask being very aggressive to get the rigs relocated to their province with no royalties in place. Things in Alberta could get very ugly very soon.i dont know how much trust there is to this but i have heard alberta there is a 15 year slowdown when it comes to drilling.
this is supposed to have a direct relation to the falling american dollar.
so this must obviously affect canadians because americans our such big importers.
i am no economist but his is what i have heard.
Maybe with any luck it forces the bank of canada to reduce rates and force our dollar lower.XXXRewards - Karups - Boyfun - Jawked. Paying on time since 1997. Contact me at brent [at] xxxrewards.comComment
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good article about the negative problems the CDN economy is facing with the rise of our dollar.
http://ca.news.finance.yahoo.com/s/1...onomy-boc.htmlXXXRewards - Karups - Boyfun - Jawked. Paying on time since 1997. Contact me at brent [at] xxxrewards.comComment
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that's good news

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Drilling in Saskatchewan is not expected to boom for at least another couple years. alberta will be alright for a while. they are seriously some dumb motherfuckers trying to pass these royalties on the industry that floats our province though. i've heard reports that devon has already decreased their production by 35% and encana is threatening to pull all their new developement in alberta altogether. seriously, who had this brilliant fucking idea???There is no question the rise in the Cdn dollar has affected the amount of drilling done this year. Also going to crush the Alberta economy is the royalties put into place starting 2009. As a result you have Sask being very aggressive to get the rigs relocated to their province with no royalties in place. Things in Alberta could get very ugly very soon.
Maybe with any luck it forces the bank of canada to reduce rates and force our dollar lower.
Saskatchewan of all fucking provinces is projected to be 2008's leader in economic development....Comment
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BS, it is not climbing up ...$9.95/month for 15000 GB bandwidth monthly, unlimited (sub)domains and MySQL5, PHP4/5, 500 GB disk storage!
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jep... climbing quickly
its INSANE
omg
http://finance.yahoo.com/q/bc?s=USDEUR=X&t=3m
lol... yeah rightComment
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I know a guy that does lots of stocks trading and makes lots of cash regularly, he says in near future USD's gonna jump vs EUR to 1:1.3 or better, then it'll quickly fall back and keep falling to even 1:2
"Dead cat bounce", as he named it, happened several times before. It's created and used by white collar thieves to preserve their wealth.
Sounds like a bullshit to me (no one can do it with large amount fast without distracting the rate), whatcha think? Too late for me anyway, converted everything month or so ago at 1:1.43 (bank's fee included)Comment
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I think he may have been referring to today vs. CDN - a bit of a different story:jep... climbing quickly
its INSANE
omg
http://finance.yahoo.com/q/bc?s=USDEUR=X&t=3m
lol... yeah right
http://finance.yahoo.com/charts#char...urce=undefined
(Caveat: It was rising at the time of posting this link - for the smartasses out there who will quote me tomorrow...)
I follow USD:CDN frequently as I move enough to make it worthwhile ... and from what I've seen, expert advice on what's going to happen is VERY shortlived in currencies - i.e. changes daily)know a guy that does lots of stocks trading and makes lots of cash regularly, he says in near future USD's gonna jump vs EUR to 1:1.3 or better, then it'll quickly fall back and keep falling to even 1:2Last edited by Kevsh; 11-15-2007, 03:04 AM.Comment
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in another thread i mentioned perspolis.com and xe.com
it is about 970 CAD to 1000 US now
Might start dropping tomorrow
and keep in mind only CAD has fallen today....the US has NOT risen against other currenciesComment
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The U.S. dollar currently has the biggest short position amongst investors, ever. It's only a matter of time before the U.S. dollar becomes too cheap and rebounds from the mother of all short squeezes.Comment
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0.98492 ....... on xe.com whooooooooo
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He is right, the USD is shorted by not only investors but governments but the time will come when one of them blinks needing to cover thier shorts by buying and then all the other shorts will get the giant squeeze..."The object of war is not to die for your country but to make the other bastard die for his." -Patton
"Only the dead have seen the end of war." -PlatoComment
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just like i said earlier in the year
we take a nosedive...you guys are going down with us
all of you.....
just waitComment






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