Fair chance of higher values near term
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Originally posted by farming101 View PostFair chance of higher values near term
There is no win in currency in this country. If the loon goes down and supports commodities, we just pay on the other end because everything else we need is imported.
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What's been keeping our dollar at the mid .70 range to begin with. I can't believe that it's not in the .60's. We have nothing going on here but fear mongering and social justice warfare in Canada. Most born from the year 2000 and up brainwashed by our public school system to fill political agendas and it has worked. Everything now is about race, privilege and apologies. The progressive right couldn't counter act this nonsense because they were too busy working to support their families and the government that is handing out cash to the social justice warrior crowd.
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Originally posted by sk_wheatking View PostWhat's been keeping our dollar at the mid .70 range to begin with. I can't believe that it's not in the .60's. We have nothing going on here but fear mongering and social justice warfare in Canada. Most born from the year 2000 and up brainwashed by our public school system to fill political agendas and it has worked. Everything now is about race, privilege and apologies. The progressive right couldn't counter act this nonsense because they were too busy working to support their families and the government that is handing out cash to the social justice warrior crowd.
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Originally posted by sk_wheatking View Postwhat's been keeping our dollar at the mid .70 range to begin with. I can't believe that it's not in the .60's. We have nothing going on here but fear mongering and social justice warfare in canada. Most born from the year 2000 and up brainwashed by our public school system to fill political agendas and it has worked. Everything now is about race, privilege and apologies. The progressive right couldn't counter act this nonsense because they were too busy working to support their families and the government that is handing out cash to the social justice warrior crowd.
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Originally posted by jazz View PostWont last 101, we are heading to a credit downgrade in the spring and our main export, oil, is blocked which is the support for our frozen peso.
There is no win in currency in this country. If the loon goes down and supports commodities, we just pay on the other end because everything else we need is imported.
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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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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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