View Full Version : Loonie now worth more than Bucky again
osoab
30th December 2010, 06:37 AM
http://www.livecharts.co.uk/ForexCharts/usdcad.php
Just under par, but signicant none the less.
Damn Canucks. :D
http://www.weblinks247.com/exrate/24hr-cad-Large.gif
Twisted Titan
30th December 2010, 09:32 AM
Their Money is Worth More AND their Gold is refined to 999 pure.
They got us beat on BOTH fronts.
Curses!!!
T
Ponce
30th December 2010, 09:58 AM
And that's why part of my stach is in Canadian dollars.
po boy
30th December 2010, 10:43 AM
Their Money is Worth More AND their Gold is refined to 999 pure.
They got us beat on BOTH fronts.
Curses!!!
T.9999 I believe
freespirit
30th December 2010, 01:16 PM
while on the surface, it may seem that a strong canadian dollar is a good thing, it seems that our canadian economy was in better shape when our dollar was worth about $.75 USD...in my area there are many fishing resorts (for example)that used to thrive on a large american clientele. when our dollar was at par with the US, there was a serious absence of americans at the resorts. add to that the soaring fuel prices, and there ya go...now with the increased hassle of crossing the border and flying, american tourism in canada is taking a serious hit it may not recover from.
although, i remember about 2 years ago (roughly) the canadian dollar took a jump past the US$ briefly...a friend of mine took $100,000CDN and bought US$. he then sat on it for a couple of weeks and when things settled back down, he switched it all back to CDN$ and made $18,000 profit.
maybe for some it can be a good thing, but not for everyone...
mike88
30th December 2010, 02:03 PM
I invested 3500 usd into a canadian cd paying 10% around 13 years ago for my son. the term was 5yrs, has rolled twice now, he will cash it out next time it is due . cdn was about .65 at the time of initial deposit. sometimes ya get lucky. Canadian money at least has a resource based economy in it's favor.
osoab
30th December 2010, 02:09 PM
I invested 3500 usd into a canadian cd paying 10% around 13 years ago for my son. the term was 5yrs, has rolled twice now, he will cash it out next time it is due . cdn was about .65 at the time of initial deposit. sometimes ya get lucky. Canadian money at least has a resource based economy in it's favor.
very nice.
madfranks
30th December 2010, 02:40 PM
Their Money is Worth More AND their Gold is refined to 999 pure.
They got us beat on BOTH fronts.
Curses!!!
T
.9999 I believe
.99999 :o
http://upload.wikimedia.org/wikipedia/en/5/50/Maple_Leaf_99999_Gold_2007_ReverseSide.jpg
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