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Any of you guys keeping track of this? They are predicting (conservatively) par by 2008.
Today I think it closed at around 95 cents. Still sucks how we are paying about 30-40% more for cars and other things. I hope it stays this high for next year when I am in a better position to stock up on smokes.
Yeah! I took out some american cash yesterday and I think it was at 43.5 (EDIT: 93.5) or something close to that.
Going cigar shopping in NY this sunday!
Being so close to the USofA, and in Deeeeee-Troit weekly I pay quite a bit of attention to it. The Bride works in a bank, so we get a percent and a bit discount. The cheapest I've seen it for us was less than 2% a couple of weeks ago. We've started to put some money away in the US account for days when it changes (and it will).
http://ca.news.yahoo.com/s/reuters/0...llar_bonds_col
30 year high. Getting close!
Hopefully it stays relatively high for the next year when I start doing some traveling.
96.68 USD.
This will be great for my raod trip. Maybe itll give me an extra week in the states!
The US dollar will keep sinking as long as we keep our record-setting deficits. As more and more bonds ae issued to keep our deficit spending up, the dollar will continue to weaken. So I think the Canadian dollar will soon be worth more than the US dollar.
As soon as we quit deficit spending, this will reverse, but it will take a lot of time for our politicians to get enough guts to cut spending enough to bring our national budget into balance.
PAR! Well, par + .001 on my datafeed.
And a new high on the Euro to boot (if you ignore the synthetic pricing from the '90's).
Mmmm... massive national debt.