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    #11
    Is the Japanese yen a good investment?

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      #12
      Was a study here once whats best or worst forvfarmer high or low dollar for reason jazz suggested.

      Low dollarwon its impact for better grain prices is almost instant and other exports.

      Wereas imports machinery etc a slow bleed lag time 12 months.

      Imported fuel fert chems lag time few minths

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        #13
        2 month high in CAD today. (Early same as wrong...)

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          #14
          Originally posted by errolanderson View Post
          The root of the already-in-progress ‘Great Global Financial Writeoff’ stems from the Lehman Bros collapse in 2008 . . . COVID or no COVID.
          All stems from fiat currency.

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            #15
            Cdn dollar breakout today . . . . Heavy chart resistance now seen as high as 79.80 cents U.S. (IMO).

            Crazy markets tied to crazy pandemic, crazy spending and crazy politicians. Crude oil may receive a solid price boost. Strap-in, volatility could really spike over the next few weeks in markets.

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              #16
              Originally posted by errolanderson View Post
              Cdn dollar breakout today . . . . Heavy chart resistance now seen as high as 79.80 cents U.S. (IMO).

              Crazy markets tied to crazy pandemic, crazy spending and crazy politicians. Crude oil may receive a solid price boost. Strap-in, volatility could really spike over the next few weeks in markets.
              A solid boost for oil, like $100 by next year this time? Russia and M.E oil producers love the sound of a B.H. AOC presidency.

              Because -end fracking,, restrict drilling everywhere - it will be the new green normal. Stronger dollar short-term until inevitable socio-economic decay tumbles us to a real 3rd world status.

              But the Sock Boy will still be spending millions a year on renovations to 24 Sussex, while forcing Canadians into poverty.

              So as we enter the dawn of the biggest social split in Canadian history, in the end, the CDN $ value will mean little to the majority of Canadians.

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                #17
                Originally posted by errolanderson View Post
                Cdn dollar breakout today . . . . Heavy chart resistance now seen as high as 79.80 cents U.S. (IMO).

                Crazy markets tied to crazy pandemic, crazy spending and crazy politicians. Crude oil may receive a solid price boost. Strap-in, volatility could really spike over the next few weeks in markets.
                your CDN $ outlook sure has changed errol, is that because of Biden win driving USD down?

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                  #18
                  Originally posted by caseih View Post
                  your CDN $ outlook sure has changed errol, is that because of Biden win driving USD down?
                  Crude oil strength tied to jump in travel should COVID vaccine be available . . . . USD a tough call right now (IMO).

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                    #19
                    1970 oil prices and 2050 gasoline prices.........and going higher on speculation of more travel...

                    Fuel prices never came down due to less travel.....jet fuel ...they must be giving it away right now...

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                      #20
                      Originally posted by bucket View Post
                      1970 oil prices and 2050 gasoline prices.........and going higher on speculation of more travel...

                      Fuel prices never came down due to less travel.....jet fuel ...they must be giving it away right now...
                      jeez bucket, it looks so ridiculous when you actually see it in print

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