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BOC does not cut

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    BOC does not cut

    Non event?

    Cdn$ effect?

    jumps 1 cent... then heads back down?

    #2
    Everyone was watching the Fareed-Trudoughead interview at the WEC which made it apparent to everyone that Justin has a substantial stash of weed he has been dipping into. I've watched Fareed interview a lot of people, and this one was just painful to watch. Like a Oxford scholar talking to a kid at McDonalds.

    I'd be pulling my money out of this country as fast as possible if investing, and apparently others in the world are thinking the same. Gonna be a painful 4 years.

    Comment


      #3
      Between Justin, Wynn... and Notley... it is difficult to understand why the $CDN would rally.

      The US has some hope... with the election gearing up... Trump would upswing the US economy... would be populist sentiment....

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        #4
        15444, any links to that interview, would like to watch it, sorta like a car crash.

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          #5
          0.6843 Down 0.0017(0.2500%) 11:04AM EST

          Volatility... is the rule... and not the exception...

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            #6
            Looks like oil dragging her down,can you imagine if he would have cut?

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              #7
              Holy moly crescent point is down 11.5% today.

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                #8
                BB, too early in the day yet. Interview just ended a couple hours ago and can't find a video link anywhere yet.

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                  #9
                  Always thought CPG would retest it's Aug low of 11.31. There was an analyst on BNN(fwiw) in Nov saying it could drop to 10.

                  That was all before Iran's sanctions were going to be lifted. Wait till they open their taps, crude will hit $20 for sure. Also speculated.

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                    #10
                    One analyst on bnn said 46 cents,after saying buy suncor which is hard to believe.

                    Comment


                      #11
                      http://www.macleans.ca/politics/ottawa/watch-live-at-920-et-justin-trudeau-at-davos/

                      Give it time to load.


                      If this is it, in his address to the audience he seemed like he wanted to beat the racial diversity drum hard.
                      Never even mentioned what oil did for "Industrial Revolutions"
                      Then had to give two minutes of his speech in French (11:30-11:40) then was warned by Fareed not to reply to his questions in french. Put it on the shelf and give it a rest already...
                      Last edited by farmaholic; Jan 20, 2016, 11:01.

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                        #12
                        If the rate gets cut our dollar would go down into the mid 60s.

                        Inflation is already rampant.... This is the problem. We have inflation caused by a devalued currency, and then we have a stagnant economy.

                        Pretty much all tools the central bank has are made useless by the combination of these two facts.

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                          #13
                          Q: What year did the great depression start? A: 2015. B of C just admitted that good ship Canuckistan is going to sink and there is nothing they can do about it. JT is a bigger dufus than Obama. That is the only thing that amazes me these days. According to stats can Nutly managed to expand the civil service by 47000 last year in AB. If that is true there is no hope for us. Mind you all figures from Stats Can are suspect.

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                            #14
                            Good god he is hard to listen to,sunshine and roses.

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                              #15
                              Cp, If you think jr. is hard to listen to, save yourself the agony of hearing his wife sing...

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