And get this… Over the weekend, the Canadian dollar rose to $0.92 -- a 30-year high against the U.S. dollar.
Back at the turn of the century, when the euro was trading at $0.83, we laughed at the prospect of euro-dollar parity. Who would have thunk… just a few short years later… we’d be on the verge of loonie-buck parity? With gold, the dollar, commodities, real estate all going haywire…you’d expect Sid Vicious to be returning from the grave with a new hit album.
What’s next? The return of Paul Volcker?
Back at the turn of the century, when the euro was trading at $0.83, we laughed at the prospect of euro-dollar parity. Who would have thunk… just a few short years later… we’d be on the verge of loonie-buck parity? With gold, the dollar, commodities, real estate all going haywire…you’d expect Sid Vicious to be returning from the grave with a new hit album.
What’s next? The return of Paul Volcker?
{SOC Predicted This.........You Are Sitting Pretty If You Followed My Bullish Advice on the Canadian Dollar!}
No comments:
Post a Comment