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Canadians.....
Isn't this a good time to be buying US dollars and waiting on it for about 2 -3 years ?
Seems like a logical investment to me or am I wrong? |
one of the fastest growing nations in the G8?
logical? |
What are these Canadians of which you speak?
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Like I mentioned, its a question of the curious!
I could be wrong, so I presented the question in a question manner ! :) |
best investment is real estate / land
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Buy euros and wait longer, cause they keep kicking the dollars ass
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LMAO ... finally it doesn't hurt to actually pay all my guys in USD ... damn for months on end it was like $1.20 conversion here .. now it is like I am getting a little bonus .. but on the other hand .. joins are in USD and it sucks when we're only charging peanuts for sites and then getting it back at almost par .. it used to be great to have exchange rates that would be like a bonus for the join of 20 cents on the dollar .. oh well has it pros and cons ..
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I have my us account so sometimes I will keep the money in there until the rate goes up a little, but right now its almost dollar for dollar.
and the way things are it will be soon I can use Canadian dollars to buy something in the states. |
not yet....the US dollar will keep falling :(
once the US stops going to war it might start going back up |
I hate getting a paycut everytime the dollar shoots up.. It suuucks!
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How low can it go? Who knows?
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We're just rolling with the punches.
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I just had to convert a large chunk of change to pay my taxes and it is the WORST time to convert from US->CDN. Absolutely awful, I'm still in tears.
WG |
Canadian dollar was worth more than U.S. dollar not too far in the past, it could possibly happen again
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Soon it'll be at par. And beyond. We're considering the prospect of charging in Canuck bucks soon. |
I was chatting with a retired econmics prof from the university of brandon here in manitoba canada and his theroy is that the US dollar is being delibrately being driven down in value to help over come their huge deficit with foreign countries from importing goods to increase sales on US goods to foreign. He mentioned that the on the foreign exchange market they are selling off US dollars before the price declines which in turns helps to drive the value down. This means you can expect higher foreign products but more US good being sold abroad and north which means lots of moolah for the companies doing so. Thats just his theory, he could be right or he could be wrong.
If I had the extra cash i would definitly be buying some greenbacks as I bet the US dollar will climb back sooner than later |
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